Even if it's not a huge purchase, we think it was good to see that Kwong Yuk Li, the Chairman of Dingyi Group Investment Limited (HKG:508) recently shelled out HK$309k to buy stock, at HK$0.24 per share. That might not be a big purchase but it only increased their holding by 0.03%, and could be interpreted as a good sign.
The Last 12 Months Of Insider Transactions At Dingyi Group Investment
Over the last year, we can see that the biggest insider sale was by the CEO & Executive Director, Xiaonong Su, for HK$20m worth of shares, at about HK$0.80 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is HK$0.25. So it is hard to draw any strong conclusion from it. Xiaonong Su was the only individual insider to sell shares in the last twelve months.
You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
I will like Dingyi Group Investment better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Does Dingyi Group Investment Boast High 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. Dingyi Group Investment insiders own about HK$961m worth of shares (which is 53% of the company). 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 Dingyi Group Investment Tell Us?
The recent insider purchase is heartening. However, the longer term transactions are not so encouraging. The recent buying by an insider , along with high insider ownership, suggest that Dingyi Group Investment insiders are fairly aligned, and optimistic. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.
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.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.