Have TEE International Limited (SGX:M1Z) Insiders Been Selling Their Stock?

Some TEE International Limited (SGX:M1Z) shareholders may be a little concerned to see that insider Chian Kin Phua recently sold a substantial S$8.0m worth of stock at a price of S$0.034 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 99% of their entire holding.

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TEE International Insider Transactions Over The Last Year

In fact, the recent sale by Chian Kin Phua was the biggest sale of TEE International shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at below the current price (S$0.034). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was 99% of Chian Kin Phua's holding.

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!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does TEE International 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. It's great to see that TEE International insiders own 52% of the company, worth about S$11m. 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 TEE International Insiders?

An insider sold TEE International shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing TEE International. To that end, you should learn about the 4 warning signs we've spotted with TEE International (including 1 which is concerning).

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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. 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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