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This Insider Has Just Sold Shares In Greenland Hong Kong Holdings Limited (HKG:337)

Simply Wall St ·  Aug 2, 2022 18:25

We wouldn't blame Greenland Hong Kong Holdings Limited (HKG:337) shareholders if they were a little worried about the fact that Weixian Wang, the Founder recently netted about HK$8.2m selling shares at an average price of HK$0.95. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 2.9%.

View our latest analysis for Greenland Hong Kong Holdings

The Last 12 Months Of Insider Transactions At Greenland Hong Kong Holdings

Notably, that recent sale by Weixian Wang is the biggest insider sale of Greenland Hong Kong Holdings shares that we've seen in the last year. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (HK$0.85). So it may not shed much light on insider confidence at current levels.

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!

insider-trading-volumeSEHK:337 Insider Trading Volume August 2nd 2022

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Greenland Hong Kong Holdings

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Greenland Hong Kong Holdings insiders own about HK$260m worth of shares. That equates to 11% 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 Greenland Hong Kong Holdings Tell Us?

An insider sold Greenland Hong Kong Holdings shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. 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. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Greenland Hong Kong Holdings.

But note: Greenland Hong Kong Holdings 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.

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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