By selling S$533k worth of iFAST Corporation Ltd. (SGX:AIY) stock at an average sell price of S$8.31 over the last year, insiders seemed to have made the most of their holdings. The company's market worth decreased by S$120m over the past week after the stock price dropped 8.7%, although insiders were able to minimize their losses

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for iFAST

The Last 12 Months Of Insider Transactions At iFAST

Over the last year, we can see that the biggest insider sale was by the insider, Loh Ken Ng, for S$336k worth of shares, at about S$8.18 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (S$4.31). So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Loh Ken Ng.

Happily, we note that in the last year insiders paid S$392k for 70.00k shares. But insiders sold 64.10k shares worth S$533k. Loh Ken Ng sold a total of 64.10k shares over the year at an average price of S$8.31. 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!

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Insiders at iFAST Have Bought Stock Recently

It's good to see that iFAST insiders have made notable investments in the company's shares. Independent Director Chee Wai Kok spent S$94k on stock, and there wasn't any selling. This could be interpreted as suggesting a positive outlook.

Does iFAST Boast High 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. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that iFAST insiders own 29% of the company, worth about S$371m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The iFAST Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. On the other hand the transaction history, over the last year, isn't so positive. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, iFAST insiders are reasonably well aligned, and optimistic for the future. 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. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of iFAST.

Of course iFAST 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.