Whilst it may not be a huge deal, we thought it was good to see that Wei Law, who is a company insider, recently bought HK$530k worth of stock, for HK$0.27 per share. That might not be a big purchase but it only increased their holding by 1.1%, and could be interpreted as a good sign.
Southwest Securities International Securities Insider Transactions Over The Last Year
In fact, the recent purchase by insider Wei Law was not their only acquisition of Southwest Securities International Securities shares this year. They previously made an even bigger purchase of HK$26m worth of shares at a price of HK$0.13 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of HK$0.29. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
Wei Law purchased 204218259 shares over the year. The average price per share was HK$0.13. The chart below shows insider transactions (by individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Southwest Securities International Securities is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership of Southwest Securities International Securities
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with 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. Insiders own 4.9% of Southwest Securities International Securities shares, worth about HK$49m, according to our data. We do generally prefer see higher levels of insider ownership.
What Might The Insider Transactions At Southwest Securities International Securities Tell Us?
The stark truth for Southwest Securities International Securities is that there has been more insider selling than insider buying in the last three months. But we take heart from prior transactions. And insiders do own shares. So we're not overly bothered by recent selling. I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow for free.
Of course Southwest Securities International Securities may not be the best stock to buy. So you may wish to see this free collection of high quality 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.
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.
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