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Potential Sonida Senior Living, Inc. (NYSE:SNDA) shareholders may wish to note that the President, Brandon Ribar, recently bought US$100k worth of stock, paying US$23.85 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 1.4%.
View our latest analysis for Sonida Senior Living
The Last 12 Months Of Insider Transactions At Sonida Senior Living
Over the last year, we can see that the biggest insider purchase was by insider Shmuel Levinson for US$10m worth of shares, at about US$9.50 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$26.65. 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.
Happily, we note that in the last year insiders paid US$11m for 1.12m shares. But insiders sold 9.19k shares worth US$259k. In the last twelve months there was more buying than selling by Sonida Senior Living insiders. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
Does Sonida Senior Living Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Sonida Senior Living insiders own about US$28m worth of shares. That equates to 7.9% of the company. 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 Sonida Senior Living Tell Us?
It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Insiders likely see value in Sonida Senior Living shares, given these transactions (along with notable insider ownership of the company). While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 1 warning sign for Sonida Senior Living and we suggest you have a look.