We'd be surprised if Yangtze Optical Fibre And Cable Joint Stock Limited Company (HKG:6869) shareholders haven't noticed that the Non-Executive Director, Frank Dorjee, recently sold HK$1.0m worth of stock at HK$19.75 per share. The eyebrow raising move amounted to a reduction of 25% in their holding.

View our latest analysis for Yangtze Optical Fibre And Cable Limited

The Last 12 Months Of Insider Transactions At Yangtze Optical Fibre And Cable Limited

In fact, the recent sale by Frank Dorjee was the biggest sale of Yangtze Optical Fibre And Cable Limited shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of HK$19.28. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Yangtze Optical Fibre And Cable Limited

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Yangtze Optical Fibre And Cable Limited insiders own about HK$95m worth of shares. That equates to 0.3% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Yangtze Optical Fibre And Cable Limited 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. On the plus side, Yangtze Optical Fibre And Cable Limited makes money, and is growing profits. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Yangtze Optical Fibre And Cable Limited. In terms of investment risks, we've identified 1 warning sign with Yangtze Optical Fibre And Cable Limited and understanding it should be part of your investment process.

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, 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.