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This Insider Has Just Sold Shares In Digital China Holdings Limited (HKG:861)

Simply Wall St ·  {{timeTz}}

Some Digital China Holdings Limited (HKG:861) shareholders may be a little concerned to see that insider Chi Yu Yip recently sold a substantial HK$34m worth of stock at a price of HK$3.37 per share. However, that sale only accounted for 7.0% of their holding, so arguably it doesn't say much about their conviction.

Check out our latest analysis for Digital China Holdings

The Last 12 Months Of Insider Transactions At Digital China Holdings

In fact, the recent sale by Chi Yu Yip was the biggest sale of Digital China Holdings shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of HK$3.15. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last twelve months insiders purchased 14.60m shares for HK$57m. On the other hand they divested 10.00m shares, for HK$34m. Overall, Digital China Holdings insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volumeSEHK:861 Insider Trading Volume September 28th 2022

Digital China Holdings is not the only stock that insiders are buying. 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 Digital China 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. We usually like to see fairly high levels of insider ownership. Digital China Holdings insiders own about HK$1.1b worth of shares (which is 21% 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 Digital China Holdings Tell Us?

The insider sales have outweighed the insider buying, at Digital China Holdings, in the last three months. On the other hand, the insider transactions over the last year are encouraging. And insider ownership remains quite considerable. So the recent selling doesn't worry us. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 3 warning signs for Digital China Holdings you should know about.

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.

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.

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