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Trade Alert: The Independent Non-Executive Director Of Clifford Modern Living Holdings Limited (HKG:3686), Cham Ho, Has Sold Some Shares Recently

Simply Wall St ·  Apr 7, 2023 18:46

Investors may wish to note that the Independent Non-Executive Director of Clifford Modern Living Holdings Limited, Cham Ho, recently netted HK$99k from selling stock, receiving an average price of HK$0.52. While that isn't a lot of money, it was a substantial 68% of their holding, so certainly isn't a good sign.

View our latest analysis for Clifford Modern Living Holdings

The Last 12 Months Of Insider Transactions At Clifford Modern Living Holdings

In fact, the recent sale by Cham Ho was the biggest sale of Clifford Modern Living Holdings shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of HK$0.52. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. 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).

Cham Ho ditched 210.00k shares over the year. The average price per share was CN¥0.52. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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SEHK:3686 Insider Trading Volume April 7th 2023

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Clifford Modern Living Holdings

For a common shareholder, it is worth checking how many shares are held by company 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. Clifford Modern Living Holdings insiders own 73% of the company, currently worth about HK$385m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Clifford Modern Living Holdings Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 2 warning signs for Clifford Modern Living Holdings and we suggest you have a look.

But note: Clifford Modern Living 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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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