InnoTek Limited’s (SGX:M14) stock price has dropped 12% in the previous week, but insiders who sold S$4.0m in stock over the past year have had less luck. The average selling price of S$0.65 is still lower than the current share price, or in other words, insiders would have been better off holding on to their shares.
Although we don’t think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
The Last 12 Months Of Insider Transactions At InnoTek
Over the last year, we can see that the biggest insider sale was by the CEO and Executive &…
