Those following along with C C Land Holdings Limited (HKG:1224) will no doubt be intrigued by the recent purchase of shares by Chung Kiu Cheung, Chairman of the Board of the company, who spent a stonking HK$65m on stock at an average price of HK$1.66. While that only increased their holding size by 1.9%, it is still a big swing by our standards.
The Last 12 Months Of Insider Transactions At C C Land Holdings
Notably, that recent purchase by Chung Kiu Cheung is the biggest insider purchase of C C Land Holdings shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of HK$1.79. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider bought shares at close to current prices. Chung Kiu Cheung was the only individual insider to buy shares in the last twelve months.
Chung Kiu Cheung bought 43.32m shares over the last 12 months at an average price of HK$1.68. 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!
C C Land Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does C C Land Holdings Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that C C Land Holdings insiders own 54% of the company, worth about HK$3.6b. 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 C C Land Holdings Tell Us?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about C C Land Holdings. That's what I like to see! 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.
But note: C C Land Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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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