Anyone interested in Americold Realty Trust, Inc. (NYSE:COLD) should probably be aware that the Chief Legal Officer, James Snyder, recently divested US$102k worth of shares in the company, at an average price of US$29.86 each. However, the silver lining is that the sale only reduced their total holding by 8.5%, so we’re hesitant to read anything much into it, on its own.
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The Last 12 Months Of Insider Transactions At Americold Realty Trust
In the last twelve months, the biggest single sale by an insider was when the Chief Accounting Officer & Senior VP, Thomas Novosel, sold US$176k worth of shares at a price of US$27.52 per share. That means that an insider was selling shares at slightly below the current price (US$29.09). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don’t know for sure what they think of the stock price. We note that the biggest single sale was only 45% of Thomas Novosel’s holding.
Insiders in Americold Realty Trust didn’t buy any shares in the last year. 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!
NYSE:COLD Insider Trading Volume November 16th 2022
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Insider Ownership Of Americold Realty Trust
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Americold Realty Trust insiders own 0.3% of the company, 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 Does This Data Suggest About Americold Realty Trust Insiders?
An insider sold stock recently, but they haven’t been buying. And even if we look at the last year, we didn’t see any purchases. While insiders do own shares, they don’t own a heap, and they have been selling. We’re in no rush to buy! 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. Case in point: We’ve spotted 3 warning signs for Americold Realty Trust you should be aware of, and 1 of these is concerning.
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, but not derivative transactions.
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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.