One Tianneng Power International Insider Raised Their Stake In The Previous Year

Insiders were net buyers of Tianneng Power International Limited's (HKG:819 ) stock during the past year. That is, insiders bought more stock than they sold.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Tianneng Power International

Tianneng Power International Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Founder Tianren Zhang bought HK$5.2m worth of shares at a price of HK$8.60 per share. That means that an insider was happy to buy shares at above the current price of HK$6.37. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Tianren Zhang was the only individual insider to buy during the last year.

Tianren Zhang bought a total of 1.00m shares over the year at an average price of HK$8.63. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does Tianneng Power International Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Tianneng Power International insiders own 41% of the company, currently worth about HK$2.9b 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 Tianneng Power International Tell Us?

It doesn't really mean much that no insider has traded Tianneng Power International shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Judging from their transactions, and high insider ownership, Tianneng Power International insiders feel good about the company's future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tianneng Power International. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Tianneng Power International.

Of course Tianneng Power International 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.