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CFO & Executive Director Yuxiao Zhang Sold A Bunch Of Shares In Xingda International Holdings

Xingda International HoldingsのCFO兼エグゼクティブディレクターであるYuxiao Zhangは、多数の株式を売却しました。

Simply Wall St ·  01/17 06:21

We wouldn't blame Xingda International Holdings Limited (HKG:1899) shareholders if they were a little worried about the fact that Yuxiao Zhang, the CFO & Executive Director recently netted about HK$85m selling shares at an average price of HK$1.52. Probably the most concerning element of the whole transaction is that the disposal amounted to 100% of their entire holding.

See our latest analysis for Xingda International Holdings

The Last 12 Months Of Insider Transactions At Xingda International Holdings

The Executive Chairman Jinlan Liu made the biggest insider purchase in the last 12 months. That single transaction was for HK$103m worth of shares at a price of HK$1.88 each. That means that an insider was happy to buy shares at above the current price of HK$1.56. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months insiders purchased 80.00m shares for HK$150m. But they sold 56.18m shares for HK$85m. Overall, Xingda International Holdings insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
SEHK:1899 Insider Trading Volume January 16th 2024

Xingda International Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Xingda International Holdings Boast High Insider Ownership?

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. A high insider ownership often makes company leadership more mindful of shareholder interests. Xingda International Holdings insiders own 51% of the company, currently worth about HK$1.3b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Xingda International Holdings Tell Us?

An insider hasn't bought Xingda International Holdings stock in the last three months, but there was some selling. On the other hand, the insider transactions over the last year are encouraging. On top of that, insiders own a significant portion of the company. So we're happy to look past recent trading. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Xingda International Holdings has 2 warning signs we think you should be aware of.

Of course Xingda International 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.

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