In This Article:
Potential Ossia International Limited (SGX:O08) shareholders may wish to note that the Co-Founder & Group Executive Chairman, Ching Wah Goh, recently bought S$232k worth of stock, paying S$0.15 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 2.5%.
View our latest analysis for Ossia International
The Last 12 Months Of Insider Transactions At Ossia International
In fact, the recent purchase by Ching Wah Goh was the biggest purchase of Ossia International shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of S$0.15. 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. Happily, the Ossia International insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Ching Wah Goh.
The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
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.
Insider Ownership Of Ossia International
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. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Ossia International insiders own 84% of the company, worth about S$32m. 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 Ossia International Tell Us?
It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Ossia International. One for the watchlist, at least! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Ossia International. To assist with this, we've discovered 4 warning signs that you should run your eye over to get a better picture of Ossia International.