Potential Want Want China Holdings Limited (HKG:151) shareholders may wish to note that the Executive Director, Shao-Chung Tsai, recently bought HK$2.3m worth of stock, paying HK$6.44 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 0.4%.
The Last 12 Months Of Insider Transactions At Want Want China Holdings
Notably, that recent purchase by Shao-Chung Tsai is the biggest insider purchase of Want Want China Holdings 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$6.50. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Want Want China Holdings insider decided to buy shares at close to current prices. Shao-Chung Tsai was the only individual insider to buy shares in the last twelve months.
The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of Want Want China Holdings
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. Want Want China Holdings insiders own about HK$45b worth of shares (which is 56% 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 Want Want China Holdings Tell Us?
It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Want Want China Holdings. One for the watchlist, at least! Of course, the future is what matters most. So if you are interested in Want Want China Holdings, you should check out this free report on analyst forecasts for the company.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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