Looking at Marco Polo Marine Ltd.'s (SGX:5LY ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Marco Polo Marine
Marco Polo Marine Insider Transactions Over The Last Year
The insider Wan Tang Lee made the biggest insider purchase in the last 12 months. That single transaction was for S$4.0m worth of shares at a price of S$0.033 each. Even though the purchase was made at a significantly lower price than the recent price (S$0.045), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
Wan Tang Lee purchased 127.79m shares over the year. The average price per share was S$0.033. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Marco Polo Marine 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.
Insider Ownership Of Marco Polo Marine
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. It appears that Marco Polo Marine insiders own 14% of the company, worth about S$23m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The Marco Polo Marine Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Marco Polo Marine shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Overall we don't see anything to make us think Marco Polo Marine insiders are doubting the company, and they do own shares. 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. Our analysis shows 3 warning signs for Marco Polo Marine (1 doesn't sit too well with us!) and we strongly recommend you look at them before investing.