We wouldn't blame Essential Properties Realty Trust, Inc. (NYSE:EPRT) shareholders if they were a little worried about the fact that Peter Mavoides, the President recently netted about US$2.5m selling shares at an average price of US$32.02. That's a big disposal, and it decreased their holding size by 27%, which is notable but not too bad.
We've discovered 2 warning signs about Essential Properties Realty Trust. View them for free.Essential Properties Realty Trust Insider Transactions Over The Last Year
Notably, that recent sale by Peter Mavoides is the biggest insider sale of Essential Properties Realty Trust shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$31.99. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
Essential Properties Realty Trust insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
View our latest analysis for Essential Properties Realty Trust
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
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. Insiders own 0.4% of Essential Properties Realty Trust shares, worth about US$26m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The Essential Properties Realty Trust Insider Transactions Indicate?
Insiders sold Essential Properties Realty Trust shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! 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. Be aware that Essential Properties Realty Trust is showing 2 warning signs in our investment analysis, and 1 of those is potentially serious...
Of course Essential Properties Realty Trust may not be the best stock to buy. So you may wish to see this free collection of high quality 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 of direct interests only, but not derivative transactions or indirect interests.
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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.