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Insider Buying: The Da Sen Holdings Group Limited (HKG:1580) Executive Director Just Bought 64% More Shares

Simply Wall St ·  Jul 30, 2022 20:30

Potential Da Sen Holdings Group Limited (HKG:1580) shareholders may wish to note that the Executive Director, Kaw Sing Chai, recently bought HK$1.9m worth of stock, paying HK$0.04 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 64%, potentially signalling some real optimism.

Check out our latest analysis for Da Sen Holdings Group

Da Sen Holdings Group Insider Transactions Over The Last Year

In fact, the recent purchase by Kaw Sing Chai was the biggest purchase of Da Sen Holdings Group shares made by an insider individual in the last twelve months, according to our records. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of HK$0.066. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

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:1580 Insider Trading Volume July 31st 2022

Da Sen Holdings 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

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Da Sen Holdings Group insiders own 41% of the company, currently worth about HK$42m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Da Sen Holdings Group Insider Transactions Indicate?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Da Sen Holdings Group. Nice! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To help with this, we've discovered 5 warning signs (4 are concerning!) that you ought to be aware of before buying any shares in Da Sen Holdings Group.

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.

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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