Whilst it may not be a huge deal, we thought it was good to see that the Centuria Industrial REIT (ASX:CIP) Independent Chairman of Centuria Property Funds No. 2 Limited, Roger Dobson, recently bought AU$60k worth of stock, for AU$3.01 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 39%.

View our latest analysis for Centuria Industrial REIT

The Last 12 Months Of Insider Transactions At Centuria Industrial REIT

Notably, that recent purchase by Roger Dobson is the biggest insider purchase of Centuria Industrial REIT shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is AU$3.03. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Centuria Industrial REIT share holders is that insiders were buying at near the current price.

While Centuria Industrial REIT insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. 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 plenty of other companies that have insiders buying up shares. You probably do not want to miss this freelist of growing companies that insiders are buying.

Insider Ownership Of Centuria Industrial REIT

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Centuria Industrial REIT insiders have about 0.2% of the stock, worth approximately AU$3.8m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We prefer to see high levels of insider ownership.



So What Does This Data Suggest About Centuria Industrial REIT Insiders?

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 Centuria Industrial REIT stock. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 6 warning signs we've spotted with Centuria Industrial REIT (including 2 which can't be ignored).

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this freelist 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.

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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