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Have Yantai North Andre JuiceLtd Insiders Been Selling Stock?

Simply Wall St ·  11/08/2023 06:01

We wouldn't blame Yantai North Andre Juice Co.,Ltd. (HKG:2218) shareholders if they were a little worried about the fact that An Wang, the Executive Chairman of the Board recently netted about HK$6.0m selling shares at an average price of HK$7.00. However, that sale only accounted for 7.9% of their holding, so arguably it doesn't say much about their conviction.

See our latest analysis for Yantai North Andre JuiceLtd

The Last 12 Months Of Insider Transactions At Yantai North Andre JuiceLtd

The insider, Meng Wang, made the biggest insider sale in the last 12 months. That single transaction was for HK$33m worth of shares at a price of HK$6.60 each. That means that even when the share price was below the current price of HK$7.08, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 29% of Meng Wang's holding.

Yantai North Andre JuiceLtd insiders didn't buy any shares over the last year. 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!

insider-trading-volume
SEHK:2218 Insider Trading Volume November 7th 2023

I will like Yantai North Andre JuiceLtd better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership Of Yantai North Andre JuiceLtd

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Yantai North Andre JuiceLtd insiders own about HK$2.8b worth of shares (which is 42% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Yantai North Andre JuiceLtd Insiders?

Insiders sold Yantai North Andre JuiceLtd shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. 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. For example - Yantai North Andre JuiceLtd has 1 warning sign we think you should be aware of.

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 of direct interests only, but not derivative transactions or indirect interests.

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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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