Potential Truly International Holdings Limited (HKG:732) shareholders may wish to note that the Non-Executive Director, Bei Bei Song, recently bought HK$2.8m worth of stock, paying HK$1.40 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 87%, potentially signalling some real optimism.

View our latest analysis for Truly International Holdings

The Last 12 Months Of Insider Transactions At Truly International Holdings

Notably, that recent purchase by Bei Bei Song is the biggest insider purchase of Truly International 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$1.56. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

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!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Truly International Holdings

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Truly International Holdings insiders own 47% of the company, currently worth about HK$2.4b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Truly International Holdings Tell Us?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Truly International Holdings. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Truly International Holdings. Case in point: We've spotted 2 warning signs for Truly International Holdings you should be aware of.

But note: Truly International 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.