Whilst it may not be a huge deal, we thought it was good to see that the Pacific Textiles Holdings Limited (HKG:1382) Company Secretary, Kit Vai Tou, recently bought HK$267k worth of stock, for HK$2.67 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 25%.

View our latest analysis for Pacific Textiles Holdings

The Last 12 Months Of Insider Transactions At Pacific Textiles Holdings

Notably, that recent purchase by Kit Vai Tou is the biggest insider purchase of Pacific Textiles Holdings shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of HK$2.66. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Kit Vai Tou was the only individual insider to buy during 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!

Pacific Textiles Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Pacific Textiles Holdings Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Pacific Textiles Holdings insiders own 11% of the company, worth about HK$400m. 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 Pacific Textiles Holdings Insiders?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Pacific Textiles Holdings. One for the watchlist, at least! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Pacific Textiles Holdings. For example - Pacific Textiles Holdings has 1 warning sign we think you should be aware of.

But note: Pacific Textiles 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.