Jinxin Fertility Group Insider Ups Holding By 42% During Year
Looking at Jinxin Fertility Group Limited's (HKG:1951 ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Jinxin Fertility Group Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by CEO, Acting CFO & Executive Director Yang Dong for HK$8.9m worth of shares, at about HK$3.20 per share. That means that even when the share price was higher than HK$2.23 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Yang Dong was the only individual insider to buy shares in the last twelve months.
Yang Dong bought a total of 3.78m shares over the year at an average price of HK$3.03. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for Jinxin Fertility Group
Jinxin Fertility Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Insider Ownership Of Jinxin Fertility Group
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Jinxin Fertility Group insiders own 1.4% of the company, worth about HK$83m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Does This Data Suggest About Jinxin Fertility Group Insiders?
It doesn't really mean much that no insider has traded Jinxin Fertility Group shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Jinxin Fertility Group and their transactions don't cause us concern. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
Of course Jinxin Fertility 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 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.