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Insider Buying: The China Aircraft Leasing Group Holdings Limited (HKG:1848) Deputy CEO Just Bought 5.1% More Shares

Simply Wall St ·  Aug 3, 2022 18:40

Potential China Aircraft Leasing Group Holdings Limited (HKG:1848) shareholders may wish to note that the Deputy CEO, Wanting Liu, recently bought HK$3.0m worth of stock, paying HK$5.07 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 5.1%.

View our latest analysis for China Aircraft Leasing Group Holdings

China Aircraft Leasing Group Holdings Insider Transactions Over The Last Year

In fact, the recent purchase by Wanting Liu was the biggest purchase of China Aircraft Leasing Group 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, even at a higher price than the current share price (being HK$4.86). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

China Aircraft Leasing Group Holdings insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volumeSEHK:1848 Insider Trading Volume August 3rd 2022

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does China Aircraft Leasing Group Holdings Boast High 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. It appears that China Aircraft Leasing Group Holdings insiders own 3.9% of the company, worth about HK$141m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About China Aircraft Leasing Group Holdings Insiders?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about China Aircraft Leasing Group Holdings. Nice! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. When we did our research, we found 3 warning signs for China Aircraft Leasing Group Holdings (1 doesn't sit too well with us!) that we believe deserve your full attention.

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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