Potential Water Oasis Group Limited (HKG:1161) shareholders may wish to note that the Co-Founder & Executive Director, Lai Chu Yu, recently bought HK$997k worth of stock, paying HK$1.17 for each share. Although the purchase only increased their holding by 7.0%, it is still a solid purchase in our view.

Check out our latest analysis for Water Oasis Group

Water Oasis Group Insider Transactions Over The Last Year

In fact, the recent purchase by Lai Chu Yu was the biggest purchase of Water Oasis Group shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of HK$1.20. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Water Oasis Group share holders is that insiders were buying at near the current price.

Happily, we note that in the last year insiders paid HK$6.0m for 4.95m shares. On the other hand they divested 300.00k shares, for HK$579k. In total, Water Oasis Group insiders bought more than they sold over the last year. 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!

Water Oasis Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Water Oasis Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Water Oasis Group insiders own 69% of the company, currently worth about HK$563m 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.

So What Does This Data Suggest About Water Oasis Group Insiders?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Water Oasis Group insiders are well aligned, and quite possibly think the share price is too low. That's what I like to see! Along with insider transactions, I recommend checking if Water Oasis Group is growing revenue. This free chart of historic revenue and earnings should make that easy.

Of course Water Oasis Group 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, 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.