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Jardine Matheson Holdings Limited (SGX:J36) shareholders (or potential shareholders) will be happy to see that the Executive Chairman, Benjamin Keswick, recently bought a whopping US$73m worth of stock, at a price of US$42.52. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 14%.
We've discovered 1 warning sign about Jardine Matheson Holdings. View them for free.
Jardine Matheson Holdings Insider Transactions Over The Last Year
Notably, that recent purchase by Benjamin Keswick is the biggest insider purchase of Jardine Matheson Holdings shares that we've seen in the last year. That implies that an insider found the current price of US$46.74 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close to current prices. Notably Benjamin Keswick was also the biggest seller.
Happily, we note that in the last year insiders paid US$80m for 1.89m shares. But they sold 370.48k shares for US$14m. In total, Jardine Matheson Holdings insiders bought more than they sold over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Check out our latest analysis for Jardine Matheson Holdings
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership
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. Jardine Matheson Holdings insiders own about US$929m worth of shares (which is 6.8% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Jardine Matheson Holdings Tell Us?
It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Jardine Matheson Holdings. That's what I like to see! While it's good to be aware of 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. Case in point: We've spotted 1 warning sign for Jardine Matheson Holdings you should be aware of.