Category: 3. Business

From what we can see, insiders were net buyers in Reading International, Inc.’s (NASDAQ:RDI ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

Although we don’t think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

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The insider, Steven Lucas, made the biggest insider sale in the last 12 months. That single transaction was for US$54k worth of shares at a price of US$1.36 each. That means that an insider was selling shares at around the current price of US$1.33. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern. Steven Lucas was the only individual insider to sell over the last year.

Douglas McEachern bought a total of 41.50k shares over the year at an average price of US$1.75. 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!

Check out our latest analysis for Reading International

Reading International is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

The last quarter saw substantial insider selling of Reading International shares. In total, insider Steven Lucas dumped US$54k worth of shares in that time, and we didn’t record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Reading International insiders own about US$6.3m worth of shares (which is 14% of the company). We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We do generally prefer see higher levels of insider ownership.

An insider hasn’t bought Reading International stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. But insiders own relatively little of the company, from what we can see. So we can’t be sure that insiders are optimistic. So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. Be aware that Reading International is showing 5 warning signs in our investment analysis, and 1 of those can’t be ignored…

• Revenue: CA$5.03b (up 2.7% from 2Q 2024).

• Net income: CA$7.00m (down 97% from 2Q 2024).

• Profit margin: 0.1% (down from 4.7% in 2Q 2024).

• EPS: CA$0.005 (down from CA$0.15 in 2Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Canada.

Performance of the Canadian Telecom industry.

The company’s shares are down 4.6% from a week ago.

Before you take the next step you should know about the 3 warning signs for TELUS (2 don’t sit too well with us!) that we have uncovered.

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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.

• Revenue: US$375.5m (up 8.3% from 2Q 2024).

• Net income: US$32.6m (up 45% from 2Q 2024).

• Profit margin: 8.7% (up from 6.5% in 2Q 2024). The increase in margin was driven by higher revenue.

• EPS: US$0.56 (up from US$0.39 in 2Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Commercial Services industry in the US.

Performance of the American Commercial Services industry.

The company’s shares are up 18% from a week ago.

Be aware that Interface is showing 1 warning sign in our investment analysis that you should know about…

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

• Revenue: US$82.5m (up 10.0% from 2Q 2024).

• Net income: US$12.9m (up by US$12.2m from 2Q 2024).

• Profit margin: 16% (up from 0.9% in 2Q 2024).

• EPS: US$0.081 (up from US$0.005 in 2Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) also missed analyst estimates by 76%.

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company’s shares are down 2.6% from a week ago.

You still need to take note of risks, for example – Patria Investments has 2 warning signs we think you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.