Even if it's not a huge purchase, we think it was good to see that Hongtao Zheng, the Executive Vice Chairman of ENN Energy Holdings Limited (HKG:2688) recently shelled out HK$313k to buy stock, at HK$104 per share. Even though that isn't a massive buy, it did increase their holding by 300%, which is arguably a good sign.

View our latest analysis for ENN Energy Holdings

The Last 12 Months Of Insider Transactions At ENN Energy Holdings

Over the last year, we can see that the biggest insider sale was by the Independent Non-Executive Director, Yu Yu Yien, for HK$4.7m worth of shares, at about HK$158 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$110. So it may not tell us anything about how insiders feel about the current share price.

Over the last year we saw more insider selling of ENN Energy Holdings shares, than buying. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of ENN Energy Holdings

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data isn't picking up on much insider ownership at ENN Energy Holdings, though insiders do hold about HK$7.4m worth of shares. It's always possible we are missing something but from our data, it looks like insider ownership is minimal.

So What Do The ENN Energy Holdings Insider Transactions Indicate?

The recent insider purchase is heartening. However, the longer term transactions are not so encouraging. The transactions over the last year don't give us confidence, and nor does the fairly low insider ownership, but at least the recent buying is a positive. Of course, the future is what matters most. So if you are interested in ENN Energy Holdings, you should check out this free report on analyst forecasts for the company.

But note: ENN Energy 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.