SHS Holdings Ltd.’s (SGX:566) stock price has dropped 12% in the previous week, but insiders who sold S$981k in stock over the past year have had less luck. Insiders might have been better off holding onto their shares, given that the average selling price of S$1.27 is still below 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.
