Despite Sonida Senior Living's Pullback, Insiders Still Gained US$31k
Sonida Senior Living, Inc. (NYSE:SNDA) insiders who acquired shares over the previous 12 months, can probably afford to ignore the recent 11% decline in the stock price. Reason being, despite the recent loss, insiders original purchase value of US$129k is now worth US$160k.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for Sonida Senior Living
The Last 12 Months Of Insider Transactions At Sonida Senior Living
In the last twelve months, the biggest single purchase by an insider was when Chief People Officer Michael Karicher bought US$72k worth of shares at a price of US$7.20 per share. We do like to see buying, but this purchase was made at well below the current price of US$8.90. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
In the last twelve months Sonida Senior Living insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
Sonida Senior Living is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Sonida Senior Living Insiders Bought Stock Recently
There was some insider buying at Sonida Senior Living over the last quarter. VP & Chief Accounting Officer Timothy Cober bought US$25k worth of shares in that time. We like it when there are only buyers, and no sellers. However, in this case the amount invested recently is quite small.
Does Sonida Senior Living Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 10% of Sonida Senior Living shares, worth about US$6.7m, according to our data. We do generally prefer see higher levels of insider ownership.
So What Does This Data Suggest About Sonida Senior Living Insiders?
Insider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. On a brighter note, the transactions over the last year are encouraging. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Sonida Senior Living stock. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 4 warning signs for Sonida Senior Living (2 are significant!) and we strongly recommend you look at these before investing.
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 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.
