One Wilmar International Insider Raised Their Stake In The Previous Year

Insiders were net buyers of Wilmar International Limited's (SGX:F34 ) stock during the past year. That is, insiders bought more stock than they sold.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Wilmar International

Wilmar International Insider Transactions Over The Last Year

Notably, that recent purchase by Co-Founder Khoon Hong Kuok was not the only time they bought Wilmar International shares this year. Earlier in the year, they paid S$3.69 per share in a S$15m purchase. That implies that an insider found the current price of S$3.77 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Wilmar International share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Khoon Hong Kuok.

Khoon Hong Kuok bought a total of 19.75m shares over the year at an average price of S$3.82. 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!

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

Insider Ownership Of Wilmar International

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Wilmar International insiders own 6.7% of the company, currently worth about S$1.6b 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.

What Might The Insider Transactions At Wilmar International Tell Us?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Wilmar International insiders are well aligned, and quite possibly think the share price is too low. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Wilmar International. To that end, you should learn about the 2 warning signs we've spotted with Wilmar International (including 1 which is concerning).

Of course Wilmar International 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 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.