Shixin Huang Is The Executive Director of Yuk Wing Group Holdings Limited (HKG:1536) And They Just Picked Up 30% More Shares

Investors who take an interest in Yuk Wing Group Holdings Limited (HKG:1536) should definitely note that the Executive Director, Shixin Huang, recently paid HK$0.28 per share to buy HK$1.6m worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 30%.

See our latest analysis for Yuk Wing Group Holdings

Yuk Wing Group Holdings Insider Transactions Over The Last Year

In fact, the recent purchase by Shixin Huang was the biggest purchase of Yuk Wing Group Holdings shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being HK$0.27). It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. 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. Shixin Huang was the only individual insider to buy shares in the last twelve months.

Shixin Huang bought 20.32m shares over the last 12 months at an average price of HK$0.26. The chart below shows insider transactions (by companies and individuals) over the last year. 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.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Yuk Wing Group Holdings insiders own 60% of the company, currently worth about HK$60m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Yuk Wing Group Holdings Insiders?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Yuk Wing Group Holdings insiders are well aligned, and quite possibly think the share price is too low. Looks promising! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 3 warning signs for Yuk Wing Group Holdings that deserve your attention before buying any shares.

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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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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