When a market sector begins to see a pickup in insider buying, that’s generally a positive sign, indicating that the sector is considered undervalued and showing signs of improving returns in the future. Insiders may sell stock for any number of reasons, but they almost always buy shares because they believe in the prospects of their company.
Recently, insider purchases of real estate investment trusts (REITs) have been on the rise, as company officials sense share prices have stabilized and are at attractive levels. A two-meeting pause of interest rate hikes by the Federal Reserve has also helped secure a bottom in numerous REITs with declining share prices.
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Take a look at five REITs with recent insider buying that could be a tip-off that better times are ahead.
Arbor Realty Trust Inc. (NYSE:ABR) is a Long Island, New York-based mortgage REIT (mREIT) that initiates bridge…
