Have Raffles Infrastructure Holdings Limited (SGX:LUY) Insiders Been Selling Their Stock?

Some Raffles Infrastructure Holdings Limited (SGX:LUY) shareholders may be a little concerned to see that insider Sin Hoe Lin recently sold a substantial S$2.1m worth of stock at a price of S$0.43 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 60% of their entire holding.

See our latest analysis for Raffles Infrastructure Holdings

The Last 12 Months Of Insider Transactions At Raffles Infrastructure Holdings

Notably, that recent sale by Sin Hoe Lin is the biggest insider sale of Raffles Infrastructure Holdings shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of S$0.41. 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).

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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 Raffles Infrastructure Holdings Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Raffles Infrastructure Holdings insiders own 50% of the company, currently worth about S$14m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Raffles Infrastructure Holdings Insiders?

An insider hasn't bought Raffles Infrastructure Holdings stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that Raffles Infrastructure Holdings has 4 warning signs (1 shouldn't be ignored!) that deserve your attention before going any further with your analysis.

Of course Raffles Infrastructure 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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