Viewing insider transactions for Stamford Land Corporation Ltd’s (SGX:H07 ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
Although we don’t think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for Stamford Land
The Last 12 Months Of Insider Transactions At Stamford Land
Over the last year, we can see that the biggest insider purchase was by Head of Special Projects and Manager of Treasury Yiling Ow for S$1.5m worth of shares, at about S$0.39 per share. So it’s clear an insider wanted to buy, even at a higher price than the current share price (being S$0.35). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take a careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they view the stock as good value, even at a higher price. The only individual insider to buy over the last year was Yiling Ow.
Yiling Ow purchased 12.31m shares over the year. The average price per share was S$0.39. 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!
Stamford Land is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Stamford Land insiders own 59% of the company, currently worth about S$315m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management is thinking about the best interests of shareholders.
So What Do The Stamford Land Insider Transactions Indicate?
There haven’t been any insider transactions in the last three months — that doesn’t mean much. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like Stamford Land insiders think the business has merit. In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing Stamford Land. You’d be interested to know what we found 2 warning signs for Stamford Land and we suggest you have a look.
But note: Stamford Land may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift Card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
