The recent 10.0% drop in Beverly JCG Ltd.'s (Catalist:9QX) stock could come as a blow to insiders who purchased S$105.0k worth of stock at an average buy price of S$0.035 over the past 12 months. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only S$27.0k.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Beverly JCG
The Last 12 Months Of Insider Transactions At Beverly JCG
The CEO & Executive Deputy Chairman Tian Ng made the biggest insider purchase in the last 12 months. That single transaction was for S$105k worth of shares at a price of S$0.035 each. That means that an insider was happy to buy shares at above the current price of S$0.009. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Tian Ng was the only individual insider to buy shares in the last twelve months.
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!
Beverly JCG 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.
Are Beverly JCG Insiders Buying Or Selling?
We have seen a bit of insider selling at Beverly JCG, over the last three months. Independent Non-Executive Chairman Siean Sin Yap only netted S$9.6k selling shares, in that period. Neither the lack of buying nor the presence of selling is heartening. But the amount sold isn't enough for us to put any weight on it.
Insider Ownership Of Beverly JCG
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Beverly JCG insiders own about S$2.9m worth of shares (which is 51% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.