From what we can see, insiders were net buyers in Singapore Shipping Corporation Limited's (SGX:S19 ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Singapore Shipping

Singapore Shipping Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Executive Chairman Chio Kiat Ow for S$89k worth of shares, at about S$0.25 per share. So it's clear an insider wanted to buy, at around the current price, which is S$0.25. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. 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. Happily, the Singapore Shipping insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Chio Kiat Ow.

Chio Kiat Ow bought a total of 471.00k shares over the year at an average price of S$0.25. 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.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Singapore Shipping insiders own 51% of the company, currently worth about S$52m based on the recent share price. 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 Singapore Shipping Tell Us?

It doesn't really mean much that no insider has traded Singapore Shipping shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. It would be great to see more insider buying, but overall it seems like Singapore Shipping insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the 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. For example, Singapore Shipping has 4 warning signs (and 1 which is a bit unpleasant) we think you should know about.