Viewing insider transactions for Trans-China Automotive Holdings Limited's (Catalist:VI2 ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Our free stock report includes 2 warning signs investors should be aware of before investing in Trans-China Automotive Holdings. Read for free now.
Trans-China Automotive Holdings Insider Transactions Over The Last Year
The Executive Chairman & CEO Francis Hanjoe Tjia made the biggest insider purchase in the last 12 months. That single transaction was for S$170k worth of shares at a price of S$0.03 each. That means that an insider was happy to buy shares at around the current price of S$0.033. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. Happily, the Trans-China Automotive Holdings insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Francis Hanjoe Tjia.
Francis Hanjoe Tjia purchased 8.00m shares over the year. The average price per share was S$0.032. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
See our latest analysis for Trans-China Automotive Holdings
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
Does Trans-China Automotive Holdings Boast High 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. Trans-China Automotive Holdings insiders own about S$12m worth of shares (which is 59% 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.
So What Does This Data Suggest About Trans-China Automotive Holdings Insiders?
Insider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, Trans-China Automotive Holdings insiders feel good about the company's future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Trans-China Automotive Holdings. Our analysis shows 2 warning signs for Trans-China Automotive Holdings (1 is concerning!) and we strongly recommend you look at them before investing.