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Insider Buying: The Tianli International Holdings Limited (HKG:1773) Chairman of the Board & CEO Just Bought CN¥5.2m Worth Of Shares

Simply Wall St ·  Jun 30, 2022 18:20

Tianli International Holdings Limited (HKG:1773) shareholders (or potential shareholders) will be happy to see that the Chairman of the Board & CEO, Shi Luo, recently bought a whopping HK$5.2m worth of stock, at a price of HK$1.03. While that only increased their holding size by 0.6%, it is still a big swing by our standards.

See our latest analysis for Tianli International Holdings

Tianli International Holdings Insider Transactions Over The Last Year

In fact, the recent purchase by Shi Luo was the biggest purchase of Tianli International Holdings shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is HK$1.06. Of course they may have changed their mind. But this suggests they are optimistic. 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 Tianli International Holdings share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Shi Luo.

Shi Luo bought a total of 21.00m shares over the year at an average price of HK$1.00. 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!

SEHK:1773 Insider Trading Volume June 30th 2022

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Tianli International Holdings

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. Tianli International Holdings insiders own 42% of the company, currently worth about HK$949m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Tianli International Holdings Insiders?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Tianli International Holdings. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tianli International Holdings. To that end, you should learn about the 3 warning signs we've spotted with Tianli International Holdings (including 1 which is a bit unpleasant).

Of course Tianli International Holdings 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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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