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Honghui Luo of Wan Leader International Limited (HKG:8482) Just Spent HK$151k On Shares

Simply Wall St ·  Aug 19, 2022 18:25

Whilst it may not be a huge deal, we thought it was good to see that Honghui Luo, who is a company insider, recently bought HK$151k worth of stock, for HK$0.20 per share. Although the purchase is not a big one, increasing their shareholding by only 5.3%, it can be interpreted as a good sign.

View our latest analysis for Wan Leader International

The Last 12 Months Of Insider Transactions At Wan Leader International

Over the last year, we can see that the biggest insider sale was by the Executive Chairman, Hak Yu Loy, for HK$19m worth of shares, at about HK$0.38 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of HK$0.24. So it is hard to draw any strong conclusion from it. Hak Yu Loy was the only individual insider to sell over the last year.

The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volumeSEHK:8482 Insider Trading Volume August 19th 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 Wan Leader International

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. Wan Leader International insiders own about HK$78m worth of shares. That equates to 33% 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.

So What Do The Wan Leader International Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. We don't take much heart from transactions by Wan Leader International insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. In short they are likely aligned with shareholders. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Wan Leader International. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Wan Leader International.

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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