Insiders At British Land Sold UK£430k In Stock, Alluding To Potential Weakness

A number of British Land Company PLC (LON:BLND) insiders sold their shares in the last year, which may have raised concerns among investors. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The Last 12 Months Of Insider Transactions At British Land The insider, Simon Carter, made the biggest insider sale in the last 12 months. That single transaction was for UK£347k worth of shares at a price of UK£3.58 each. That means that even when the share price was below the current price of UK£3.87, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 11% of Simon Carter's holding. Notably Simon Carter was also the biggest buyer, having purchased UK£424k worth of shares. Happily, we note that in the last year insiders paid UK£424k for 121.35k shares. On the other hand they divested 120.08k shares, for UK£430k. All up, insiders sold more shares in British Land than they bought, over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for British Land For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket. Insider Ownership Of British Land For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that British Land insiders own about UK£4.3m worth of shares (which is 0.1% of the company). We do generally prefer see higher levels of insider ownership. So What Do The British Land Insider Transactions Indicate? The fact that there have been no British Land insider transactions recently certainly doesn't bother us. The insider transactions at British Land are not inspiring us to buy. We also note that, as far as we can see, insider ownership is fairly low, compared to other companies. While it's good to be aware of 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. For instance, we've identified 3 warning signs for British Land (1 is significant) you should be aware of. But note: British Land may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 of direct interests only, but not derivative transactions or indirect interests.