We note that a Enviro-Hub Holdings Ltd. (SGX:L23) insider, Siau Woei Law, recently sold S$122k worth of stock for S$0.035 per share. However we note that the sale only shrunk their holding by 1.5%.
Check out our latest analysis for Enviro-Hub Holdings
Enviro-Hub Holdings Insider Transactions Over The Last Year
Notably, that recent sale by Siau Woei Law is the biggest insider sale of Enviro-Hub Holdings shares that we've seen in the last year. That means that an insider was selling shares at around the current price of S$0.034. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
Siau Woei Law divested 3.75m shares over the last 12 months at an average price of S$0.035. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. It's great to see that Enviro-Hub Holdings insiders own 69% of the company, worth about S$36m. 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 Do The Enviro-Hub Holdings Insider Transactions Indicate?
An insider hasn't bought Enviro-Hub Holdings stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. When we did our research, we found 6 warning signs for Enviro-Hub Holdings (1 is potentially serious!) that we believe deserve your full attention.
Of course Enviro-Hub Holdings 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.