The Independent Chairman of Vital Healthcare Management Limited of Vital Healthcare Property Trust (NZSE:VHP), Graham Stuart, Just Bought A Few More Shares

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Whilst it may not be a huge deal, we thought it was good to see that the Vital Healthcare Property Trust (NZSE:VHP) Independent Chairman of Vital Healthcare Management Limited, Graham Stuart, recently bought NZ$93k worth of stock, for NZ$3.09 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Check out our latest analysis for Vital Healthcare Property Trust

The Last 12 Months Of Insider Transactions At Vital Healthcare Property Trust

The Independent Director of Vital Healthcare Management Limited Andrew Evans made the biggest insider purchase in the last 12 months. That single transaction was for NZ$112k worth of shares at a price of NZ$2.80 each. That means that an insider was happy to buy shares at around the current price of NZ$2.95. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Vital Healthcare Property Trust share holders is that insiders were buying at near the current price.

In the last twelve months Vital Healthcare Property Trust insiders were buying shares, but not selling. 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
insider-trading-volume

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does Vital Healthcare Property Trust Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Vital Healthcare Property Trust insiders own about NZ$30m worth of shares. That equates to 1.9% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Vital Healthcare Property Trust 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. Insiders likely see value in Vital Healthcare Property Trust shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Vital Healthcare Property Trust. Case in point: We've spotted 4 warning signs for Vital Healthcare Property Trust you should be aware of, and 2 of these don't sit too well with us.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

This article by Simply Wall St is general in nature. 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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