Have Insiders Sold UOB-Kay Hian Holdings Shares Recently?

We'd be surprised if UOB-Kay Hian Holdings Limited (SGX:U10) shareholders haven't noticed that the Non-Independent Non-Executive Director, Wee Loke Tang, recently sold S$164k worth of stock at S$1.38 per share. However, the silver lining is that the sale only reduced their total holding by 0.3%, so we're hesitant to read anything much into it, on its own.

Check out our latest analysis for UOB-Kay Hian Holdings

The Last 12 Months Of Insider Transactions At UOB-Kay Hian Holdings

In the last twelve months, the biggest single sale by an insider was when the Executive Chairman of the Board & MD, Ee-Chao Wee, sold S$11m worth of shares at a price of S$1.24 per share. That means that an insider was selling shares at slightly below the current price (S$1.38). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 4.6% of Ee-Chao Wee's stake.

In the last year UOB-Kay Hian Holdings insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Does UOB-Kay Hian 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. We usually like to see fairly high levels of insider ownership. It's great to see that UOB-Kay Hian Holdings insiders own 27% of the company, worth about S$340m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At UOB-Kay Hian Holdings Tell Us?

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that UOB-Kay Hian Holdings is growing earnings. It is good to see high insider ownership, but the insider selling leaves us cautious. 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. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of UOB-Kay Hian Holdings.

But note: UOB-Kay Hian 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 of direct interests only, but not derivative transactions or indirect interests.

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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.