Those following along with Guangzhou R&F Properties Co., Ltd. (HKG:2777) will no doubt be intrigued by the recent purchase of shares by Sze Lim Li, Co-Founder & Chairman of the company, who spent a stonking CN¥12m on stock at an average price of CN¥11.81. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 4.8%.
The Last 12 Months Of Insider Transactions At Guangzhou R&F Properties
Notably, that recent purchase by Sze Lim Li is the biggest insider purchase of Guangzhou R&F Properties shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is HK$11.96. 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. Sze Lim Li was the only individual insider to buy shares in the last twelve months.
You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Guangzhou R&F Properties is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
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. It's great to see that Guangzhou R&F Properties insiders own 68% of the company, worth about HK$26b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
What Might The Insider Transactions At Guangzhou R&F Properties Tell Us?
It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Guangzhou R&F Properties. One for the watchlist, at least! Of course, the future is what matters most. So if you are interested in Guangzhou R&F Properties, you should check out this free report on analyst forecasts for the company.
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.