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nsiders who invested CA$223.7k in Artis Real Estate Investment Trust (TSE:AX.UN) over the past year at an average price of CA$7.68 may be reevaluating their strategy after a 12% decline in stock value. Their initial investment now stands at CA$199.9k, falling short of expectations.

    While insider transactions shouldn't dictate investor decisions, it's logical to consider whether directors are buying or selling shares. We've identified 21 US stocks forecasted to yield over 6% next year; view the full list for free.

    The largest insider purchase in the last 12 months was made by President Samir Manji, who invested CA$88k at a price of CA$8.02 per share. This transaction occurred when the stock price was above its current value, suggesting confidence in the company's future prospects.

    Insider buying is often viewed more favorably if shares are purchased at prices higher than the current market rate, indicating they believed the stock to be undervalued even at a higher price. Artis Real Estate Investment Trust insiders have been net buyers over the past year, with no reported sales.

    A closer look at insider transactions reveals that Independent Director Jacqueline Moss acquired CA$49k worth of shares in the last quarter. While this is a positive sign, it's essential to consider the overall context and not place too much weight on a single factor.

    As a common shareholder, it's worth noting that insiders hold approximately 3.5% of Artis Real Estate Investment Trust shares, valued at CA$23m. This level of insider ownership suggests alignment between directors and other shareholders, although it's lower than what we've seen in some other companies.