Insider Buying: Stockland (ASX:SGP) Insider Acquires 40,000 Shares of Stock

Stockland (ASX:SGP) insider Robert (Bob) Johnston acquired 40,000 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were acquired at an average cost of A$5.18 ($3.36) per share, with a total value of A$207,200.00 ($134,545.45).

Stockland Price Performance

The company has a debt-to-equity ratio of 49.56, a current ratio of 1.70 and a quick ratio of 0.10.

About Stockland

We are a leading creator and curator of connected communities with people at the heart of the places we create. For more than 70 years, we have built a proud legacy, helping more Australians achieve the dream of home ownership, and enabling the future of work and retail. Today, we continue to build on our history as one of Australia’s largest diversified property groups to elevate the social value of our places, and create a tangible sense of human connection, belonging and community for our customers.