Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Heavy Insider Selling at Well-Known Direct Selling Company, Plus Other Notable Insider Transactions

Page 1 of 3

Investors have been keeping track of insider trading metrics for decades. After all, corporate insiders tend to have a natural edge over retail investors or analysts, because the former camp of individuals usually has a better understanding of their businesses and industries than anyone else. Hence, retail investors are always a step behind those “in the know” regardless of how much research you do or how much financial news you read.

If only retail investors could just attend a company’s board meeting, they could find out what is really going on behind the scenes. Insider buying metrics have been used as a sign of stock price appreciation for years. On the contrary, insider selling is usually interpreted as a bearish sign. Indeed, insider buying and selling activity should not be used as the sole indicator when making the decision of buying or selling a company’s stock. Nonetheless, legitimate insider trading could represent a good starting point to further investigate a company’s fundamentals. With that in mind, let’s proceed to the discussion of a set of noteworthy insider transactions reported with the SEC on Friday.

Through extensive research that covered the portfolios of several hundred large investors between 1999 and 2012, we determined that following the small-cap stocks that large money managers are collectively bullish on, can generate monthly returns nearly 1.0 percentage points above the market (see the details here).

chart-594212_1280

President and CIO of Transitioning REIT Pile Up Shares

An informed and supposedly well-informed executive at Investors Real Estate Trust (NYSE:IRET) bought a relatively sizable block of shares this past week. Mark O. Decker Jr., President and CIO, snapped up 9,000 shares on Friday at $6.15 each. Following the recent transaction, Mr. Decker currently owns 107,138 shares.

The equity real estate investment trust focused on owning and operating multifamily, healthcare and other properties has seen the value of its shares decline by 11% since the beginning of the year. In late August, Investors Real Estate Trust (NYSE:IRET) signed six agreements to sell 26 senior housing properties for around $236 million, a move that marked the REIT’s exit from that business. The REIT plans to refine its portfolio of assets to complete the transition to a pure-play multifamily REIT. Jim Simons’ Renaissance Technologies LLC was the owner of 2.12 million shares of Investors Real Estate Trust (NYSE:IRET) at the end of June.

Follow Investors Real Estate Trust (NYSE:IRET)
Trade (NYSE:IRET) Now!

The next pages of this insider trading article discuss another set of insider transactions reported with the SEC on Friday.

Page 1 of 3
Loading Comments...