Suntec Real Estate Investment Trust Insider Ups Holding During Year

Viewing insider transactions for Suntec Real Estate Investment Trust's (SGX:T82U ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Suntec Real Estate Investment Trust

Suntec Real Estate Investment Trust Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider Chen Huaidan bought S$2.6m worth of shares at a price of S$1.31 per share. That means that an insider was happy to buy shares at above the current price of S$1.09. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Chen Huaidan was the only individual insider to buy shares in the last twelve months.

Chen Huaidan bought a total of 3.78m shares over the year at an average price of S$1.35. 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!

Suntec Real Estate Investment Trust 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 Suntec Real Estate Investment Trust

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Suntec Real Estate Investment Trust insiders own 33% of the company, currently worth about S$1.0b 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 Do The Suntec Real Estate Investment Trust Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Suntec Real Estate Investment Trust shares in the last quarter. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, Suntec Real Estate Investment Trust insiders feel good about the company's future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Suntec Real Estate Investment Trust. At Simply Wall St, we've found that Suntec Real Estate Investment Trust has 5 warning signs (2 are a bit unpleasant!) that deserve your attention before going any further with your analysis.

But note: Suntec Real Estate Investment Trust 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.