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This Insider Has Just Sold Shares In IREIT Global (SGX:UD1U)

Simply Wall St ·  Aug 17, 2022 18:20

We'd be surprised if IREIT Global (SGX:UD1U) shareholders haven't noticed that an insider, Arvind Tiku, recently sold S$150k worth of stock at S$0.60 per share. On the bright side, that sale was only 0.4% of their holding, so we doubt it's very meaningful, on its own.

View our latest analysis for IREIT Global

The Last 12 Months Of Insider Transactions At IREIT Global

In fact, the recent sale by Arvind Tiku was the biggest sale of IREIT Global shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of S$0.59. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last twelve months insiders purchased 363.00k shares for S$234k. But insiders sold 250.00k shares worth S$150k. In total, IREIT Global insiders bought more than they sold over the last year. 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!

insider-trading-volumeSGX:UD1U Insider Trading Volume August 17th 2022

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does IREIT Global Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. IREIT Global insiders own about S$36m worth of shares. That equates to 5.2% of the company. 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 Does This Data Suggest About IREIT Global Insiders?

An insider hasn't bought IREIT Global stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. We like that insiders own a fair amount of the company. So the recent selling doesn't worry us too much. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Be aware that IREIT Global is showing 5 warning signs in our investment analysis, and 2 of those are concerning...

But note: IREIT Global 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.

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