Investors may wish to note that the Non-Executive Director of Tian Ge Interactive Holdings Limited, Xiangdong Xiong, recently netted HK$570k from selling stock, receiving an average price of HK$0.46. However we note that the sale only shrunk their holding by 2.1%.

View our latest analysis for Tian Ge Interactive Holdings

Tian Ge Interactive Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Xiangdong Xiong is the biggest insider sale of Tian Ge Interactive Holdings shares that we've seen in the last year. That means that an insider was selling shares at slightly below the current price (HK$0.47). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 2.1%of Xiangdong Xiong's holding.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Does Tian Ge Interactive Holdings Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. 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 34% of Tian Ge Interactive Holdings shares, worth about HK$186m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Tian Ge Interactive Holdings Tell Us?

An insider hasn't bought Tian Ge Interactive Holdings stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tian Ge Interactive Holdings. Case in point: We've spotted 3 warning signs for Tian Ge Interactive Holdings you should be aware of, and 2 of them are a bit unpleasant.

Of course Tian Ge Interactive Holdings 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 of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.