Multiple insiders secured a larger position in China Lesso Group Holdings Limited (HKG:2128) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company's prospects.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for China Lesso Group Holdings
The Last 12 Months Of Insider Transactions At China Lesso Group Holdings
Over the last year, we can see that the biggest insider purchase was by Founder & Executive Chairman Luen Hei Wong for HK$20m worth of shares, at about HK$5.30 per share. That means that an insider was happy to buy shares at above the current price of HK$4.05. 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.
While China Lesso Group Holdings insiders bought shares during the last year, they didn't sell. The average buy price was around HK$4.40. I'd consider this a positive as it suggests insiders see value at around the current price. 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!
SEHK:2128 Insider Trading Volume December 28th 2023
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).
China Lesso Group Holdings Insiders Bought Stock Recently
Over the last three months, we've seen significant insider buying at China Lesso Group Holdings. Not only was there no selling that we can see, but they collectively bought HK$12m worth of shares. This makes one think the business has some good points.
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. China Lesso Group Holdings insiders own 69% of the company, currently worth about HK$8.7b based on the recent share price. 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 China Lesso Group Holdings Tell Us?
The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about China Lesso Group Holdings. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of China Lesso Group Holdings.
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 of direct interests only, but not derivative transactions or indirect interests.
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過去12か月間の中国聯塑グループホールディングのインサイダートランザクションを見ると、最大のインサイダー購入は、創業者兼執行委員長のLuen Hei Wong氏が1株約HK$5.30でHK$20mの株式を購入したことがわかります。つまり、このインサイダーは時価HK$4.05よりも高い価格で株式を購入できて満足していました。彼らの見方が購入時と変わっている可能性があるとしても、少なくとも同社に対する信頼を持っていたことを示唆しています。私たちは常に、インサイダーが株式を購入する際の価格に注意を払っています。一般的に、インサイダーが現在の価格以上の価格で株式を購入した場合、それは株式を購入する価値があると信じていることを示しており、私たちの注目を集めます。
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オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。