This Insider Has Just Sold Shares In DBS Group Holdings

We wouldn't blame DBS Group Holdings Ltd (SGX:D05) shareholders if they were a little worried about the fact that Su Shan Tan, the Group CEO & Executive Director recently netted about S$6.0m selling shares at an average price of S$60.12. However, that sale only accounted for 6.8% of their holding, so arguably it doesn't say much about their conviction. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. The Last 12 Months Of Insider Transactions At DBS Group Holdings In fact, the recent sale by Su Shan Tan was the biggest sale of DBS Group Holdings shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was slightly below the current price of S$61.30, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 6.8% of Su Shan Tan's holding. 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! Check out our latest analysis for DBS Group Holdings If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations. Insider Ownership Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. DBS Group Holdings insiders own 0.08% of the company, currently worth about S$138m 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. What Might The Insider Transactions At DBS Group Holdings Tell Us? An insider sold DBS Group Holdings shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing DBS Group Holdings. For example - DBS Group Holdings has 1 warning sign we think you should be aware of. But note: DBS Group Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.