Those following along with Centurion Corporation Limited (SGX:OU8) will no doubt be intrigued by the recent purchase of shares by Kim Kang Loh, Joint Chairman of the Board of the company, who spent a stonking S$5.7m on stock at an average price of S$2.24. While that only increased their holding size by 6.3%, it is still a big swing by our standards.

Check out our latest analysis for Centurion

Centurion Insider Transactions Over The Last Year

Notably, that recent purchase by Kim Kang Loh is the biggest insider purchase of Centurion shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being S$0.40). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take 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 viewed the stock as good value, even at a higher price. Kim Kang Loh was the only individual insider to buy shares in the last twelve months.

Kim Kang Loh bought 4.73m shares over the last 12 months at an average price of S$1.37. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Centurion is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of Centurion

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Centurion insiders own 21% of the company, worth about S$68m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Centurion Insider Transactions Indicate?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Insiders likely see value in Centurion shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Centurion. Case in point: We've spotted 4 warning signs for Centurion you should be aware of, and 2 of them don't sit too well with us.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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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