The Non-Executive Vice-Chairman of Envictus International Holdings Limited (SGX:BQD), Seng Hui Goi, Just Bought 70% More Shares

Envictus International Holdings Limited (SGX:BQD) shareholders (or potential shareholders) will be happy to see that the Non-Executive Vice-Chairman, Seng Hui Goi, recently bought a whopping S$4.1m worth of stock, at a price of S$0.16. That purchase boosted their holding by 70%, which makes us wonder if the move was inspired by quietly confident deeply-felt optimism.

Check out our latest analysis for Envictus International Holdings

The Last 12 Months Of Insider Transactions At Envictus International Holdings

In fact, the recent purchase by Seng Hui Goi was the biggest purchase of Envictus International Holdings shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is S$0.17. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Envictus International Holdings share holders is that an insider was buying at near the current price. Seng Hui Goi was the only individual insider to buy shares in the last twelve months.

All up, insiders sold more shares in Envictus International Holdings than they bought, 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!

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).

Insider Ownership Of Envictus International Holdings

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. Envictus International Holdings insiders own 75% of the company, currently worth about S$37m based on the recent share price. 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 Envictus International Holdings Insiders?

It's certainly positive to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. The high levels of insider ownership, and the recent buying by an insider suggests they are well aligned and optimistic. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For instance, we've identified 4 warning signs for Envictus International Holdings (2 don't sit too well with us) you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.