The recent 6.5% drop in Fortress Transportation and Infrastructure Investors LLC’s Stocks (NYSE: FTAI) could be a blow to insiders who bought $ 2.8 million worth of shares at an average purchase price of $ 25.50 over the past 12 months. This is not good, as insiders invest based on the expectation that their money will appreciate over time. However, due to recent losses, their initial investment is now only worth $ 2.5 million.
While we never suggest that investors should base their decisions solely on what a company’s directors have done, we think it makes perfect sense to keep tabs on what insiders are doing.
The Last 12 Months of Insider Trading at Fortress Transportation and Infrastructure Investors
Over the past year, we can see that the biggest insider buy was made by independent director Martin Tuchman for $ 2.6 million shares, at around $ 25.50 per share. This means that an insider was happy to buy shares above the current price of US $ 23.36. While their opinion may have changed since the purchase, it at least suggests that they have confidence in the future of the business. For us, it’s very important to consider the price insiders pay for stocks. It is generally more encouraging if they paid above the current price, as it suggests that they have seen value, even at higher levels.
Insiders of Fortress Transportation and Infrastructure Investors may have bought stocks in the past year, but they haven’t sold any. Below you can see a visual representation of insider trading (by businesses and individuals) over the past 12 months. If you want to know exactly who sold, for how much and when, just click on the graph below!
NYSE: FTAI Insider Trading Volume November 29, 2021
There are many other companies in which insiders buy shares. You probably do not want to miss it free list of growing companies that insiders buy.
Insiders of Fortress Transportation and Infrastructure Investors recently bought shares
In the last quarter, insiders at Fortress Transportation and Infrastructure Investors spent a significant amount on stocks. Not only were there no sales that we can see, but they collectively bought $ 2.8 million worth of stock. This is a positive point in our book because it implies a certain confidence.
Do Fortress Transportation and Infrastructure investors boast strong insider ownership?
Many investors like to check how well a company is owned by insiders. We generally like to see fairly high levels of insider ownership. It appears that insiders of Fortress Transportation and Infrastructure Investors own 1.1% of the company, worth around US $ 25 million. We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest an alignment between insiders and other shareholders.
What might insider trading at Fortress Transportation and Infrastructure Investors tell us?
Recent insider buying is encouraging. We also trust the longer term picture of insider trading. But we don’t feel the same about the business taking losses. Insiders likely see value in shares of Fortress Transportation and Infrastructure Investors, given these transactions (as well as notable insider ownership of the company). So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. Concrete example: we have spotted 2 warning signs for Fortress Transportation and Infrastructure investors you must be aware.
Sure Fortress Transportation and Infrastructure Investors may not be the best stock to buy. So you might want to see this free collection of high quality companies.
For the purposes of this article, insiders are the persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.
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