Selling Sarine Technologies Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders

Simply Wall St.02-27

Even though Sarine Technologies Ltd. (SGX:U77) has fallen by 10% over the past week , insiders who sold US$12m worth of stock over the past year have had less luck. Insiders would probably have been ...

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Insiders would probably have been ...</p>\n\n<a href=\"https://simplywall.st/stocks/sg/capital-goods/sgx-u77/sarine-technologies-shares/news/selling-sarine-technologies-shares-at-a-lower-price-than-cur-1\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Selling Sarine Technologies Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSelling Sarine Technologies Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-27 15:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/sg/capital-goods/sgx-u77/sarine-technologies-shares/news/selling-sarine-technologies-shares-at-a-lower-price-than-cur-1><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even though Sarine Technologies Ltd. (SGX:U77) has fallen by 10% over the past week , insiders who sold US$12m worth of stock over the past year have had less luck.  Insiders would probably have been ...</p>\n\n<a href=\"https://simplywall.st/stocks/sg/capital-goods/sgx-u77/sarine-technologies-shares/news/selling-sarine-technologies-shares-at-a-lower-price-than-cur-1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6073","symbol_name":"工业机械","start_time":0,"source_url":"https://simplywall.st/stocks/sg/capital-goods/sgx-u77/sarine-technologies-shares/news/selling-sarine-technologies-shares-at-a-lower-price-than-cur-1","article_id":"2414482927","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2414482927","pubTimestamp":1709019758,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Even though Sarine Technologies Ltd. ( SGX:U77 ) has fallen by 10% over the past week , insiders who sold US$12m worth...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6073":"工业机械","U77.SI":"石利科技有限公司","BK6504":"工业制品概念"},"translate_title":"对内部人士来说，以低于当前市场价值的价格出售Sarine Technologies的股票可能是一个代价高昂的错误","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"U77.SI":1},"content_text":"Even though Sarine Technologies Ltd. (SGX:U77) has fallen by 10% over the past week , insiders who sold US$12m worth of stock over the past year have had less luck.  Insiders would probably have been better off holding on to their shares given that the average selling price of US$0.46 is still lower than the current share price.     While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing,  we do think it is perfectly logical to keep tabs on what insiders are doing.   Check out our latest analysis for Sarine Technologies  Sarine Technologies Insider Transactions Over The Last Year   Over the last year, we can see that the biggest insider sale was by the insider, Ehud Harel, for S$12m worth of shares, at about S$0.46 per share.   While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price.  The silver lining is that this sell-down took place above the latest price (S$0.27).  So it may not shed much light on insider confidence at current levels.    The only individual insider seller over the last year was Ehud Harel.     You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below.  If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! SGX:U77 Insider Trading Volume February 27th 2024 If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).   Does Sarine Technologies Boast High Insider Ownership?  For a common shareholder, it is worth checking how many shares are held by company 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.   Insiders own 16% of Sarine Technologies shares, worth about S$15m.  While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.   What Might The Insider Transactions At Sarine Technologies Tell Us?  It doesn't really mean much that no insider has traded Sarine Technologies shares in the last quarter.      Still, the insider transactions at Sarine Technologies in the last 12 months are not very heartening.   But we do like the fact that insiders own a fair chunk of the company.      So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing.    At Simply Wall St, we've found that Sarine Technologies has 3 warning signs (1 is a bit concerning!) that deserve your attention before going any further with your analysis.   Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. 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.Valuation is complex, but we're helping make it simple.Find out whether Sarine Technologies is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave 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.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2414482927"}