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One SUNeVision Holdings Ltd. (HKG:1686) insider reduced their stake by 52% in the previous year

Simply Wall St ·  Jul 12, 2022 19:00

Viewing insider transactions for SUNeVision Holdings Ltd.'s (HKG:1686 ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for SUNeVision Holdings

The Last 12 Months Of Insider Transactions At SUNeVision Holdings

The COO & Executive Director, Man-Yuen Chan, made the biggest insider sale in the last 12 months. That single transaction was for HK$625k worth of shares at a price of HK$7.11 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of HK$5.85. So it is hard to draw any strong conclusion from it. Man-Yuen Chan was the only individual insider to sell shares in the last twelve months.

Man-Yuen Chan sold a total of 198.00k shares over the year at an average price of HK$7.12. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volumeSEHK:1686 Insider Trading Volume July 12th 2022

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of SUNeVision Holdings

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. We usually like to see fairly high levels of insider ownership. SUNeVision Holdings insiders own about HK$102m worth of shares. That equates to 0.4% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At SUNeVision Holdings Tell Us?

The fact that there have been no SUNeVision Holdings insider transactions recently certainly doesn't bother us. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the SUNeVision Holdings insiders selling. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. In terms of investment risks, we've identified 2 warning signs with SUNeVision Holdings and understanding these should be part of your investment process.

Of course SUNeVision 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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