Investors who take an interest in Dah Sing Banking Group Limited (HKG:2356) should definitely note that the Deputy CEO & Executive Director, Nicholas John Mayhew, recently paid HK$5.98 per share to buy HK$1.4m worth of the stock. Although the purchase only increased their holding by 9.8%, it is still a solid purchase in our view.

View our latest analysis for Dah Sing Banking Group

The Last 12 Months Of Insider Transactions At Dah Sing Banking Group

Notably, that recent purchase by Nicholas John Mayhew is the biggest insider purchase of Dah Sing Banking Group shares that we've seen in the last year. That implies that an insider found the current price of HK$6.06 per share to be enticing. 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. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Dah Sing Banking Group share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Nicholas John Mayhew.

Nicholas John Mayhew purchased 330.80k shares over the year. The average price per share was HK$5.96. 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!

Dah Sing Banking 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 Dah Sing Banking Group

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. From looking at our data, insiders own HK$18m worth of Dah Sing Banking Group stock, about 0.2% of the company. We consider this fairly low insider ownership.

So What Does This Data Suggest About Dah Sing Banking Group Insiders?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Insiders likely see value in Dah Sing Banking Group shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 1 warning sign for Dah Sing Banking Group that deserve your attention before buying any shares.

Of course Dah Sing Banking 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.