NYSE:HPP) should definitely note that the Lead Independent Director, Barry Porter, recently paid US$23.09 per share to buy US$115k worth of the stock. While that’s a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 5.3%.” data-reactid=”28″>Investors who take an interest in Hudson Pacific Properties, Inc. (NYSE:HPP) should definitely note that the Lead Independent Director, Barry Porter, recently paid US$23.09 per share to buy US$115k worth of the stock. While that’s a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 5.3%.
View our latest analysis for Hudson Pacific Properties ” data-reactid=”29″> View our latest analysis for Hudson Pacific Properties
The Last 12 Months Of Insider Transactions At Hudson Pacific Properties
The Independent Director Jonathan Glaser made the biggest insider purchase in the last 12 months. That single transaction was for US$1.3m worth of shares at a price of US$16.74 each. We do like to see buying, but this purchase was made at well below the current price of US$22.90. Because it occurred at a lower valuation, it doesn’t tell us much about whether insiders might find today’s price attractive.
Over the last year, we can see that insiders have bought 134.13k shares worth US$2.8m. But they sold 5.00k shares for US$178k. In total, Hudson Pacific Properties insiders bought more than they sold over the last year. They paid about US$20.55 on average. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
list of growing companies that insiders are buying.” data-reactid=”49″>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.
Insider Ownership of Hudson Pacific Properties
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Hudson Pacific Properties insiders own 1.9% of the company, worth about US$67m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At Hudson Pacific Properties Tell Us?
4 warning signs for Hudson Pacific Properties (2 are a bit unpleasant) you should be aware of.” data-reactid=”53″>The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Hudson Pacific Properties shares, given these transactions (along with notable insider ownership of the company). 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. For instance, we’ve identified 4 warning signs for Hudson Pacific Properties (2 are a bit unpleasant) you should be aware of.
collection of high quality companies.” data-reactid=”54″>Of course Hudson Pacific Properties may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”56″>This article by Simply Wall St is general in nature. 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.