Whilst it may not be a huge deal, we thought it was good to see that the Orient Victory Travel Group Company Limited (HKG:265) Chairman & CEO, Baodong Shi, recently bought HK$109k worth of stock, for HK$0.14 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

See our latest analysis for Orient Victory Travel Group

The Last 12 Months Of Insider Transactions At Orient Victory Travel Group

Notably, that recent purchase by Chairman & CEO Baodong Shi was not the only time they bought Orient Victory Travel Group shares this year. They previously made an even bigger purchase of HK$262k worth of shares at a price of HK$0.15 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being HK$0.051). 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. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Baodong Shi was the only individual insider to buy shares in the last twelve months.

Baodong Shi bought 5.49m shares over the last 12 months at an average price of HK$0.11. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Insider Ownership Of Orient Victory Travel Group

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Orient Victory Travel Group insiders own 62% of the company, currently worth about HK$408m 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.

So What Does This Data Suggest About Orient Victory Travel Group Insiders?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. When combined with notable insider ownership, these factors suggest Orient Victory Travel Group insiders are well aligned, and quite possibly think the share price is too low. One for the watchlist, at least! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Orient Victory Travel Group. At Simply Wall St, we've found that Orient Victory Travel Group has 2 warning signs (1 makes us a bit uncomfortable!) that deserve your attention before going any further with your analysis.

But note: Orient Victory Travel Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.