Some Willas-Array Electronics (Holdings) Limited (SGX:BDR) shareholders may be a little concerned to see that insider Chan Cheung Kwok recently sold a substantial S$4.7m worth of stock at a price of S$0.78 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 69% of their entire holding.
View our latest analysis for Willas-Array Electronics (Holdings)
The Last 12 Months Of Insider Transactions At Willas-Array Electronics (Holdings)
Over the last year, we can see that the biggest insider sale was by the insider, Chun Wah Leung, for S$25m worth of shares, at about S$1.70 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is S$0.52. So it may not shed much light on insider confidence at current levels.
Insiders in Willas-Array Electronics (Holdings) didn't buy any shares in the last year. 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!
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Does Willas-Array Electronics (Holdings) Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 29% of Willas-Array Electronics (Holdings) shares, worth about S$13m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Willas-Array Electronics (Holdings) Tell Us?
Insiders sold Willas-Array Electronics (Holdings) shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd 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 6 warning signs for Willas-Array Electronics (Holdings) (2 are a bit concerning) you should be aware of.
But note: Willas-Array Electronics (Holdings) 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.