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Ching Wah Goh Bought 13% More Shares In Ossia International

チン・ワ・ゴウ氏がOssia Internationalの株式を13%増やしました

Simply Wall St ·  08/17 21:42

Ossia International Limited (SGX:O08) shareholders (or potential shareholders) will be happy to see that the Co-Founder & Group Executive Chairman, Ching Wah Goh, recently bought a whopping S$1.3m worth of stock, at a price of S$0.15. Not only is that a big swing, but it increased their holding size by 13%, which is definitely great to see.

Ossia International Insider Transactions Over The Last Year

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 even when the share price was higher than S$0.14 (the recent price), an insider wanted to purchase shares. 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. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Ching Wah Goh.

Ching Wah Goh bought 10.55m shares over the last 12 months at an average price of S$0.15. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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SGX:O08 Insider Trading Volume August 18th 2024

Ossia International is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. It's great to see that Ossia International insiders own 86% of the company, worth about S$31m. 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 Ossia International Insiders?

It is good 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. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Ossia International. While conducting our analysis, we found that Ossia International has 4 warning signs and it would be unwise to ignore them.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

これらの内容は、情報提供及び投資家教育のためのものであり、いかなる個別株や投資方法を推奨するものではありません。 更に詳しい情報
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