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VICI Properties Inc. (NYSE:VICI) Insiders Snagged a Deal: Up US$33k on a US$577k Investment

Simply Wall St ·  Oct 3, 2022 09:11

VICI Properties Inc. (NYSE:VICI) insiders who acquired shares over the previous 12 months, can probably afford to ignore the recent 3.3% decline in the stock price. After accounting for the recent loss, the US$577k worth of shares they purchased is now worth US$610k, suggesting a good return on their investment.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for VICI Properties

The Last 12 Months Of Insider Transactions At VICI Properties

The President & COO John W. Payne made the biggest insider purchase in the last 12 months. That single transaction was for US$251k worth of shares at a price of US$28.40 each. So it's clear an insider wanted to buy, at around the current price, which is US$29.85. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the VICI Properties insiders decided to buy shares at close to current prices.

VICI Properties insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volumeNYSE:VICI Insider Trading Volume October 3rd 2022

VICI Properties is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does VICI Properties Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. VICI Properties insiders own about US$51m worth of shares. That equates to 0.2% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About VICI Properties Insiders?

It doesn't really mean much that no insider has traded VICI Properties shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in VICI Properties and their transactions don't cause us concern. While we like knowing 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. When we did our research, we found 4 warning signs for VICI Properties (3 don't sit too well with us!) that we believe deserve your full attention.

But note: VICI Properties may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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