Insider Trades: 4 ASX 200 directors bought and sold shares last week
Vicinity's CEO offloaded a third of his shareholding to finance tax obligations, Perpetual insiders continue to buy into weakness and more.
Source: iStock
Mentioned
Welcome back to the Insider Trades Series – a weekly summary of on-market ASX 200 director transactions valued at more than $10,000. The trades have all taken place between 17 and 24 April 2025. Directors have up to 5 business days to notify the ASX of their trades.
The volume of transaction activity remained sluggish for a second consecutive week, likely reflecting the ongoing uncertainty around Trump's tariff policies and trade talks.
Top ASX 200 Insider Trades
Code | Company | Date | Director | Type | Price | Value |
|---|---|---|---|---|---|---|
Vicinity Centres | 23/04/25 | Sell | $2.29 | $1,430,347 | ||
Deterra Royalties | 22/04/25 | Buy | $3.50 | $22,722 | ||
Perpetual Ltd | 22/04/25 | Buy | $15.40 | $41,118 | ||
GQG Partners | 17/04/25 | Buy | $2.03 | $154,945 | ||
Perpetual Ltd | 17/04/25 | Buy | $15.70 | $54,821 |
Key Takeaways
Vicinity Centres’ CEO Trims Holdings: CEO Peter Huddle sold roughly a third of his stake to cover tax obligations from vested performance and restricted rights. Vicinity’s stock has outperformed in 2025, rising 11% year-to-date, compared to a 2% decline in the S&P/ASX 200 and a 5% drop in the S&P/ASX 200 Real Estate Index. Macquarie’s February 20 report (post-1H25 results) noted earnings 2% above their estimates and 9% above consensus. However, Vicinity only reaffirmed its full-year guidance of 14.5–14.8 cents per share, in-line with Macquarie’s 14.8-cent estimate. Analysts maintained a Neutral rating with a $2.11 target, highlighting defensive cash flows and prudent capital management but citing limited upside due to a 3% discount to NTA.
Perpetual Faces Insider Buying Amid Struggles: Seven unique insiders at Perpetual have purchased $769,785 in stock across 13 trades this year, at a weighted average price of $19.11, down 16% from current levels. The stock has slumped 20% year-to-date and 33% over the past 12 months, hit by weak earnings, fund outflows, and a collapsed KKR deal to sell its Corporate Trust and Wealth Management units. A 9% selloff on April 16 followed a Q3 FUM update reporting $8.9 billion in outflows due to client rebalancing and underperforming strategies. Despite insider buying, Perpetual grapples with operational challenges and a tough macroeconomic backdrop.
.GQG Partners’ Rajiv Jain Boosts Stake: Rajiv Jain, GQG Partners’ founder and CIO, has continued his aggressive on-market buying, recording 31 transactions in 2025 totaling $6.97 million at a weighted average price of $2.15, up 3% from the current price of $2.22.
