Venture Corporation Limited (SGX:V03) insider increased its stake by 1.0% earlier this year

0

Display of insider transactions for Venture Corporation Limited (SGX:V03 ) over the past year, we see insiders being net buyers. This means that more shares were bought by insiders compared to shares sold.

Although we would never suggest that investors base their decisions solely on what a company’s directors have done, logic dictates that you pay attention to whether insiders are buying or selling shares.

Check out our latest analysis for Venture

The last 12 months of insider trading at Venture

Executive Chairman Ngit Liong Wong made the biggest insider buy in the past 12 months. This single transaction was for S$3.7 million worth of shares at a price of S$18.73 each. This means that even when the share price was above S$16.70 (the recent price), an insider wanted to buy shares. Although their perspective has changed since the purchase, it at least suggests that they have confidence in the future of the company. We always take careful note of the price paid by insiders when buying stocks. Generally, we are more positive about a stock when an insider has bought the stock at prices above the current price, as this suggests that they view the stock as good value, even at a higher price. raised. Ngit Liong Wong was the only individual insider to buy in the past year.

You can see insider trading (by companies and individuals) over the past year illustrated in the table below. By clicking on the graph below, you will be able to see the precise detail of each insider trade!

SGX:V03 Insider Trading Volume July 20, 2022

There are always plenty of stocks that insiders are buying. So if it suits your style you can check each stock one by one or you can take a look at this free list of companies. (Hint: insiders bought them).

Insider ownership

Examining the total insider holdings in a company can help you know if they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely insiders will be incentivized to build the company for the long term. Venture capital insiders own around S$405 million worth of shares (equivalent to 8.3% of the company). 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 does this data suggest about Venture insiders?

There have been no insider trades in the last three months – that’s not saying much. On a more positive note, last year’s transactions are encouraging. With strong insider ownership and encouraging transactions, it seems Venture insiders think the company has some merit. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. Example: we have identified 1 warning sign for Venture you should be aware.

But note: Venture may not be the best stock to buy. So take a look at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

Share.

About Author

Comments are closed.