Have Insiders Sold Huijing Holdings Shares Recently?
Some Huijing Holdings Company Limited (HKG:9968) shareholders may be a little concerned to see that the Chairman of the Board, Ruixiang Lun, recently sold a substantial HK$15m worth of stock at a price of HK$0.19 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 2.0%.
Huijing Holdings Insider Transactions Over The Last Year
Notably, that recent sale by Ruixiang Lun is the biggest insider sale of Huijing Holdings 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$0.17. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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).
Ruixiang Lun sold a total of 140.00m shares over the year at an average price of CN¥0.14. 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 Huijing Holdings
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Does Huijing Holdings 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Huijing Holdings insiders own 76% of the company, currently worth about HK$677m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Huijing Holdings Tell Us?
An insider sold Huijing Holdings shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Huijing Holdings. Every company has risks, and we've spotted 4 warning signs for Huijing Holdings you should know about.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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 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.