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The Independent Non-Executive Director of Winto Group (Holdings) Limited (HKG:8238), Man Yeung Lee, Just Bought A Few More Shares

Simply Wall St ·  Aug 24, 2022 18:50

Even if it's not a huge purchase, we think it was good to see that Man Yeung Lee, the Independent Non-Executive Director of Winto Group (Holdings) Limited (HKG:8238) recently shelled out HK$673k to buy stock, at HK$0.14 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

See our latest analysis for Winto Group (Holdings)

Winto Group (Holdings) Insider Transactions Over The Last Year

Notably, that recent purchase by Man Yeung Lee is the biggest insider purchase of Winto Group (Holdings) shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of HK$0.16. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, 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:8238 Insider Trading Volume August 24th 2022

Winto Group (Holdings) is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Winto Group (Holdings) insiders own about HK$50m worth of shares (which is 62% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Winto Group (Holdings) Tell Us?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Winto Group (Holdings). That's what I like to see! 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. When we did our research, we found 5 warning signs for Winto Group (Holdings) (2 make us uncomfortable!) that we believe deserve your full attention.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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