Investors who take an interest in Charter Hall Retail REIT (ASX:CQR) should definitely note that the Independent Chairman of Charter Hall Retail Management Limited, Roger Davis, recently paid AU$3.98 per share to buy AU$180k worth of the stock. That certainly has us anticipating the best, especially since they thusly increased their own holding by 117%, potentially signalling some real optimism.

See our latest analysis for Charter Hall Retail REIT

Charter Hall Retail REIT Insider Transactions Over The Last Year

In fact, the recent purchase by Roger Davis was the biggest purchase of Charter Hall Retail REIT shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than AU$3.97 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

In the last twelve months Charter Hall Retail REIT insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! insider-trading-volume

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this freelist of companies. (Hint: insiders have been buying them).

Does Charter Hall Retail REIT Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Charter Hall Retail REIT insiders own 0.2% of the company, worth about AU$4.3m. We prefer to see high levels of insider ownership.



What Might The Insider Transactions At Charter Hall Retail REIT Tell Us?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Charter Hall Retail REIT stock. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To that end, you should learn about the 4 warning signs we've spotted with Charter Hall Retail REIT (including 2 which can't be ignored).

Of course Charter Hall Retail REIT may not be the best stock to buy. So you may wish to see this freecollection of high quality companies.

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.

Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

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