Have Insiders Sold Hafary Holdings Limited (SGX:5VS) Shares Recently?

We wouldn't blame Hafary Holdings Limited (SGX:5VS) shareholders if they were a little worried about the fact that Chiat Kwong Ching, a company insider, recently netted about S$4.7m selling shares at an average price of S$0.14. Probably the most concerning element of the whole transaction is that the disposal amounted to 100% of their entire holding.

View our latest analysis for Hafary Holdings

Hafary Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Chiat Kwong Ching is the biggest insider sale of Hafary 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$0.14. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Happily, we note that in the last year insiders paid S$4.8m for 32.76m shares. But insiders sold 32.74m shares worth S$4.7m. In total, Hafary Holdings insiders bought more than they sold over the last year. 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!

Hafary Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Hafary Holdings insiders own 39% of the company, worth about S$24m. 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 Hafary Holdings Insiders?

Insider sales and purchases have netted out over the last three months, so it's hard to draw any conclusion from recent trading. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in Hafary Holdings and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Hafary Holdings. Case in point: We've spotted 6 warning signs for Hafary Holdings you should be aware of, and 2 of these can't be ignored.

Of course Hafary 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. 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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