Some Angelalign Technology Inc. (HKG:6699) shareholders may be a little concerned to see that the Founder, Huamin Li, recently sold a substantial HK$329m worth of stock at a price of HK$165 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 8.5%.

Check out our latest analysis for Angelalign Technology

Angelalign Technology Insider Transactions Over The Last Year

In fact, the recent sale by Huamin Li was the biggest sale of Angelalign Technology shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of HK$157. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

In the last year Angelalign Technology insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does Angelalign Technology 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. Angelalign Technology insiders own about HK$5.7b worth of shares (which is 21% 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.

So What Do The Angelalign Technology Insider Transactions Indicate?

Insiders sold Angelalign Technology shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. But since Angelalign Technology is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - Angelalign Technology has 2 warning signs we think you should be aware of.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.