Kok Wah Ng Just Bought 2.0% More Shares In Penguin International Limited (SGX:BTM)

Potential Penguin International Limited (SGX:BTM) shareholders may wish to note that insider Kok Wah Ng recently bought S$134k worth of stock, paying S$0.61 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 2.0%.

Check out our latest analysis for Penguin International

The Last 12 Months Of Insider Transactions At Penguin International

In the last twelve months, the biggest single purchase by an insider was when Executive Chairman Yih-Peir Hing bought S$1.2m worth of shares at a price of S$0.36 per share. We do like to see buying, but this purchase was made at well below the current price of S$0.59. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Penguin International insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does Penguin International Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Penguin International insiders own about S$43m worth of shares. That equates to 32% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Penguin International Tell Us?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of Penguin International we think they are probably pretty confident of a bright future. 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. Our analysis shows 4 warning signs for Penguin International (1 is significant!) and we strongly recommend you look at them before investing.

Of course Penguin 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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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.
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