Investors may wish to note that the Chairman of Comtec Solar Systems Group Limited, Zhang Yi, recently netted HK$330k from selling stock, receiving an average price of HK$0.33. On the bright side, that's just a small sale and only reduced their holding by 0.7%.

View our latest analysis for Comtec Solar Systems Group

The Last 12 Months Of Insider Transactions At Comtec Solar Systems Group

In fact, the recent sale by Chairman Zhang Yi was not their only sale of Comtec Solar Systems Group shares this year. They previously made an even bigger sale of -HK$1.3m worth of shares at a price of HK$0.67 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (HK$0.31). So it may not tell us anything about how insiders feel about the current share price.

Zhang Yi sold a total of 4.10m shares over the year at an average price of CN¥0.56. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Does Comtec Solar Systems Group 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. I reckon it's a good sign if insiders own a significant number of shares in the company. Comtec Solar Systems Group insiders own 47% of the company, currently worth about HK$113m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Comtec Solar Systems Group Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. 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 Comtec Solar Systems Group. Every company has risks, and we've spotted 2 warning signs for Comtec Solar Systems Group (of which 1 can't be ignored!) you should know about.

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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.

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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.