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Have Huafa Property Services Group Company Limited (HKG:982) Insiders Been Selling Their Stock?

Simply Wall St ·  Apr 19, 2023 18:19

Some Huafa Property Services Group Company Limited (HKG:982) shareholders may be a little concerned to see that insider Chi Sing Ho recently sold a substantial HK$29m worth of stock at a price of HK$0.15 per share. That's a big disposal, and it decreased their holding size by 29%, which is notable but not too bad.

See our latest analysis for Huafa Property Services Group

The Last 12 Months Of Insider Transactions At Huafa Property Services Group

Notably, that recent sale by Chi Sing Ho is the biggest insider sale of Huafa Property Services Group 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$0.14. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

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!

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SEHK:982 Insider Trading Volume April 19th 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

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Huafa Property Services Group insiders own about HK$97m worth of shares. That equates to 6.7% of the company. 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 Huafa Property Services Group Insiders?

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. But it is good to see that Huafa Property Services Group is growing earnings. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Huafa Property Services Group. In terms of investment risks, we've identified 1 warning sign with Huafa Property Services Group and understanding it should be part of your investment process.

But note: Huafa Property Services Group 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.

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.

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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