When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Mapletree Industrial Trust's (SGX:ME8U) instance, it's good news for shareholders.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Mapletree Industrial Trust

The Last 12 Months Of Insider Transactions At Mapletree Industrial Trust

Over the last year, we can see that the biggest insider purchase was by Non Executive Director of Mapletree Industrial Trust Management Ltd. Tiow Chye Chua for S$519k worth of shares, at about S$2.62 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being S$2.28). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months Mapletree Industrial Trust insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Does Mapletree Industrial Trust Boast High Insider Ownership?

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. Insiders own 0.2% of Mapletree Industrial Trust shares, worth about S$12m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Do The Mapletree Industrial Trust 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. Insiders do have a stake in Mapletree Industrial Trust and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Mapletree Industrial Trust. To that end, you should learn about the 3 warning signs we've spotted with Mapletree Industrial Trust (including 1 which is a bit unpleasant).

Of course Mapletree Industrial Trust may not be the best stock to buy. So you may wish to see this free collection of high quality 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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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.