How Many Delfi Limited (SGX:P34) Shares Did Insiders Buy, In The Last Year?

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We note that a Delfi Limited (SGX:P34) insider, , recently sold worth of stock for per share. However we note that the sale only shrunk their holding by .

Check out our latest analysis for Delfi

Delfi Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Group CEO Tiong Choon Chuang bought S$983k worth of shares at a price of S$0.69 per share. That means that an insider was happy to buy shares at around the current price of S$0.70. Of course they may have changed their mind. But this suggests they are optimistic. 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 Delfi share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Tiong Choon Chuang.

You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

SGX:P34 Recent Insider Trading April 20th 2020
SGX:P34 Recent Insider Trading April 20th 2020

Delfi is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Delfi Boast High Insider Ownership?

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. Based on our data, Delfi insiders have about 1.3% of the stock, worth approximately S$5.5m. But they may have an indirect interest through a corporate structure that we haven't picked up on. I generally like to see higher levels of ownership.

So What Does This Data Suggest About Delfi Insiders?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Delfi insiders are expecting a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Delfi has 2 warning signs and it would be unwise to ignore these.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

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