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Have Insiders Sold Huakang Biomedical Holdings Company Limited (HKG:8622) Shares Recently?

Simply Wall St ·  Jan 5, 2023 17:55

We note that the Huakang Biomedical Holdings Company Limited (HKG:8622) Vice Chairman, Yim Yang Chang, recently sold HK$101k worth of stock for HK$0.18 per share. On the bright side, that's just a small sale and only reduced their holding by 0.6%.

Check out our latest analysis for Huakang Biomedical Holdings

The Last 12 Months Of Insider Transactions At Huakang Biomedical Holdings

Notably, that recent sale by Yim Yang Chang is the biggest insider sale of Huakang Biomedical Holdings shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of HK$0.18. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

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!

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SEHK:8622 Insider Trading Volume January 5th 2023

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

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. It's great to see that Huakang Biomedical Holdings insiders own 58% of the company, worth about HK$44m. 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 Huakang Biomedical Holdings Tell Us?

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 4 warning signs we've spotted with Huakang Biomedical Holdings (including 2 which are potentially serious).

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.

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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.

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