Founder of Q & M Dental Group (Singapore) Picks Up 8.2% More Stock

Investors who take an interest in Q & M Dental Group (Singapore) Limited (SGX:QC7) should definitely note that the Founder, Chin-Siau Ng, recently paid S$0.30 per share to buy S$150k worth of the stock. Although the purchase only increased their holding by 8.2%, it is still a solid purchase in our view.

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Q & M Dental Group (Singapore) Insider Transactions Over The Last Year

In fact, the recent purchase by Chin-Siau Ng was the biggest purchase of Q & M Dental Group (Singapore) 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$0.32. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Q & M Dental Group (Singapore) share holders is that an insider was buying at near the current price. Chin-Siau Ng was the only individual insider to buy during the last year.

The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Q & M Dental Group (Singapore)

Q & M Dental Group (Singapore) is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Q & M Dental Group (Singapore)

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 5.3% of Q & M Dental Group (Singapore) shares, worth about S$16m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Q & M Dental Group (Singapore) Insiders?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Q & M Dental Group (Singapore) shares, given these transactions (along with notable insider ownership of the company). So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 2 warning signs for Q & M Dental Group (Singapore) you should be aware of.

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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.