Have Insiders Sold Corporación Inmobiliaria Vesta. de Shares Recently?

Some Corporación Inmobiliaria Vesta, S.A.B. de C.V. (BMV:VESTA) shareholders may be a little concerned to see that the CEO & Alternate Director, Lorenzo Berho Carranza, recently sold a substantial Mex$24m worth of stock at a price of Mex$68.65 per share. However, that sale only accounted for 9.1% of their holding, so arguably it doesn't say much about their conviction.

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The Last 12 Months Of Insider Transactions At Corporación Inmobiliaria Vesta. de

Over the last year, we can see that the biggest insider sale was by the Executive Chairman, Lorenzo Berho Corona, for Mex$59m worth of shares, at about Mex$58.94 per share. That means that even when the share price was below the current price of Mex$68.25, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. 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. This single sale was just 4.4% of Lorenzo Berho Corona's stake.

Corporación Inmobiliaria Vesta. de insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Corporación Inmobiliaria Vesta. de

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Insider Ownership Of Corporación Inmobiliaria Vesta. de

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Corporación Inmobiliaria Vesta. de insiders own 3.6% of the company, worth about Mex$2.3b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Corporación Inmobiliaria Vesta. de Insider Transactions Indicate?

Insiders sold Corporación Inmobiliaria Vesta. de shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since Corporación Inmobiliaria Vesta. de is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Corporación Inmobiliaria Vesta. de. For instance, we've identified 3 warning signs for Corporación Inmobiliaria Vesta. de (1 is a bit unpleasant) you should be aware of.

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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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