The President of Saul Centers, Inc. (NYSE:BFS), Bernard Saul, Just Bought 3.9% More Shares
Potential Saul Centers, Inc. (NYSE:BFS) shareholders may wish to note that the President, Bernard Saul, recently bought US$312k worth of stock, paying US$29.75 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 3.9%.
View our latest analysis for Saul Centers
The Last 12 Months Of Insider Transactions At Saul Centers
Notably, that recent purchase by Bernard Saul is the biggest insider purchase of Saul Centers shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$29.91. 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. In this case we're pleased to report that the insider purchases were made at close to current prices.
While Saul Centers insiders bought shares during the last year, they didn't sell. Their average price was about US$36.51. These transactions suggest that insiders have considered the current price attractive. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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 Saul Centers Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to 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. It appears that Saul Centers insiders own 1.8% of the company, worth about US$17m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Does This Data Suggest About Saul Centers Insiders?
It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Saul Centers insiders are well aligned, and that they may think the share price is too low. 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. For example, Saul Centers has 3 warning signs (and 1 which is potentially serious) we think you should know about.
But note: Saul Centers 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, but not derivative transactions.
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