CMOC Group Limited (HKG:3993) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 6.8% resulting in a HK$6.4b addition to the company's market value. As a result, their original purchase of CN¥804k worth of stock is now worth CN¥1.5m.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for CMOC Group

CMOC Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Non-Executive Director Yougui Wang for HK$518k worth of shares, at about HK$2.59 per share. We do like to see buying, but this purchase was made at well below the current price of HK$4.71. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Yougui Wang bought 311.00k shares over the last 12 months at an average price of HK$2.58. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Does CMOC Group Boast High 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. Insiders own 0.4% of CMOC Group shares, worth about HK$601m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About CMOC Group Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, CMOC Group insiders feel good about the company's future. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for CMOC Group.

Of course CMOC Group may not be the best stock to buy. So you may wish to see this free collection of high quality 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.