Whilst it may not be a huge deal, we thought it was good to see that the Landsea Green Life Service Company Limited (HKG:1965) Non-Executive Chairman of the Board, Ming Tian, recently bought HK$162k worth of stock, for HK$2.90 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.

View our latest analysis for Landsea Green Life Service

Landsea Green Life Service Insider Transactions Over The Last Year

In fact, the recent purchase by Non-Executive Chairman of the Board Ming Tian was not their only acquisition of Landsea Green Life Service shares this year. They previously made an even bigger purchase of HK$428k worth of shares at a price of HK$3.20 per share. That means that an insider was happy to buy shares at above the current price of HK$2.92. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Ming Tian was the only individual insider to buy shares in the last twelve months. We note that Ming Tian was also the biggest seller.

Ming Tian bought 721.00k shares over the last 12 months at an average price of HK$3.18. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Landsea Green Life Service is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Landsea Green Life Service insiders own about HK$597m worth of shares (which is 50% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Landsea Green Life Service Tell Us?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Landsea Green Life Service. Nice! Of course, the future is what matters most. So if you are interested in Landsea Green Life Service, you should check out this free report on analyst forecasts for the company.

But note: Landsea Green Life Service 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.