Even if it's not a huge purchase, we think it was good to see that L. C. Tan, the Co-Founder of A-Sonic Aerospace Limited (SGX:BTJ) recently shelled out S$72k to buy stock, at S$0.69 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Check out our latest analysis for A-Sonic Aerospace

The Last 12 Months Of Insider Transactions At A-Sonic Aerospace

Notably, that recent purchase by Co-Founder L. C. Tan was not the only time they bought A-Sonic Aerospace shares this year. Earlier in the year, they paid S$0.80 per share in a S$823k purchase. That means that an insider was happy to buy shares at above the current price of S$0.69. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

Over the last year, we can see that insiders have bought 1.67m shares worth S$1.2m. On the other hand they divested 360.07k shares, for S$288k. In the last twelve months there was more buying than selling by A-Sonic Aerospace insiders. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

A-Sonic Aerospace 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 of A-Sonic Aerospace

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that A-Sonic Aerospace insiders own 66% of the company, worth about S$32m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At A-Sonic Aerospace Tell Us?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about A-Sonic Aerospace. That's what I like to see! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 3 warning signs for A-Sonic Aerospace you should be aware of.

But note: A-Sonic Aerospace 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.

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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.