We note that the COSCO SHIPPING International (Singapore) Co., Ltd. (SGX:F83) Independent Non-Executive Director, Kwong Er, recently sold S$124k worth of stock for S$0.19 per share. While that isn't a lot of money, it was a substantial 100% of their holding, so certainly isn't a good sign.

See our latest analysis for COSCO SHIPPING International (Singapore)

The Last 12 Months Of Insider Transactions At COSCO SHIPPING International (Singapore)

Notably, that recent sale by Kwong Er is the biggest insider sale of COSCO SHIPPING International (Singapore) shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of S$0.18. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

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!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Our data suggests COSCO SHIPPING International (Singapore) insiders own 1.0% of the company, worth about S$4.2m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We prefer to see high levels of insider ownership.

So What Do The COSCO SHIPPING International (Singapore) Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. But since COSCO SHIPPING International (Singapore) is profitable and growing, we're not too worried by this. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. We'd certainly practice some caution before buying! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For instance, we've identified 4 warning signs for COSCO SHIPPING International (Singapore) (1 is concerning) you should be aware of.

But note: COSCO SHIPPING International (Singapore) 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.