Whilst it may not be a huge deal, we thought it was good to see that the Xin Point Holdings Limited (HKG:1571) Chairman & CEO, Xiaoming Ma, recently bought HK$345k worth of stock, for HK$1.80 per share. However, we do note that it only increased their holding by 0.03%, and it wasn't a huge purchase by absolute value, either.
Xin Point Holdings Insider Transactions Over The Last Year
Notably, that recent purchase by Chairman & CEO Xiaoming Ma was not the only time they bought Xin Point Holdings shares this year. Earlier in the year, they paid HK$1.46 per share in a HK$5.8m purchase. Even though the purchase was made at a significantly lower price than the recent price (HK$2.19), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
Over the last year, we can see that insiders have bought 14.23m shares worth HK$25m. But they sold 313000 for HK$519k. In total, Xin Point Holdings insiders bought more than they sold over the last year. The average buy price was around HK$1.77. It's great to see insiders putting their own cash into the company's stock, albeit at below the recent share price. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Xin Point Holdings Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Xin Point Holdings insiders own 73% of the company, currently worth about HK$1.5b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Xin Point Holdings Tell Us?
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 Xin Point Holdings. Nice! Along with insider transactions, I recommend checking if Xin Point Holdings is growing revenue. This free chart of historic revenue and earnings should make that easy.
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, but not derivative transactions.
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