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Insider Buying: The Yanlord Land Group Limited (SGX:Z25) Independent Non-Executive Director Just Bought 12% More Shares

Simply Wall St ·  Oct 1, 2022 20:30

Whilst it may not be a huge deal, we thought it was good to see that the Yanlord Land Group Limited (SGX:Z25) Independent Non-Executive Director, Pian Tee Hong, recently bought S$97k worth of stock, for S$0.97 per share. That purchase might not be huge but it did increase their holding by 12%.

See our latest analysis for Yanlord Land Group

Yanlord Land Group Insider Transactions Over The Last Year

Notably, that recent purchase by Pian Tee Hong is the biggest insider purchase of Yanlord Land Group shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of S$0.95. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Pian Tee Hong.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volumeSGX:Z25 Insider Trading Volume October 2nd 2022

Yanlord Land Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Yanlord Land Group

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Yanlord Land Group insiders own 74% of the company, worth about S$1.4b. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Yanlord Land Group Insiders?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Yanlord Land Group. Nice! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For instance, we've identified 3 warning signs for Yanlord Land Group (2 don't sit too well with us) you should be aware of.

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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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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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