Insiders at ARMOR Residential REIT, Inc. (NYSE: ARR) sold US $ 364k worth of stock at an average price of US $ 10.81 a share over the past year, making the most of their investment. The company’s market value decreased by US $ 75m over the past week after the stock price dropped 9.6%, although insiders were able to minimize their losses
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for ARMOUR Residential REIT
ARMOR Residential REIT Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the CFO & Secretary, James Mountain, sold US $ 364k worth of shares at a price of US $ 10.81 per share. We generally don’t like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US $ 6.86). So it may not shed much light on insider confidence at current levels. James Mountain was the only individual insider to sell over the last year.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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Does ARMOUR Residential REIT Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that ARMOUR Residential REIT insiders own 1.2% of the company, worth about US $ 8.6m. Overall, this level of ownership is not that impressive, but it’s certainly better than nothing!
So What Does This Data Suggest About ARMOUR Residential REIT Insiders?
It does not really mean much that no insider has traded ARMOUR Residential REIT shares in the last quarter. The insider transactions at ARMOR Residential REIT are not inspiring us to buy. And we’re not picking up on high enough insider ownership to give us any comfort. While we like knowing what’s going on with the insider’s ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Our analysis shows 4 warning signs for ARMOR Residential REIT (2 are significant!) And we strongly recommend you look at these before investing.
If you would prefer to check out another company – one with potentially superior financials – then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.