Even if it's not a huge purchase, we think it was good to see that Siu Hong Wong, the Co-Founder of Noel Gifts International Ltd (SGX:543) recently shelled out S$90k to buy stock, at S$0.35 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

See our latest analysis for Noel Gifts International

Noel Gifts International Insider Transactions Over The Last Year

In fact, the recent purchase by Siu Hong Wong was the biggest purchase of Noel Gifts International shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is S$0.36. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Noel Gifts International share holders is that an insider was buying at near the current price. Siu Hong Wong was the only individual insider to buy shares in the last twelve months.

Siu Hong Wong purchased 1.11m shares over the year. The average price per share was S$0.26. The chart below shows insider transactions (by companies and individuals) over the last year. 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 undervalued small cap companies that insiders are buying.

Insider Ownership Of Noel Gifts 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. Noel Gifts International insiders own 70% of the company, currently worth about S$26m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Noel Gifts International Insiders?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Noel Gifts International. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Noel Gifts International. Case in point: We've spotted 3 warning signs for Noel Gifts International you should be aware of, and 2 of these are concerning.