The Head of Business Development Department & Executive Director of Anchorstone Holdings Limited (HKG:1592), Wing Lui, Just Bought A Few More Shares

Potential Anchorstone Holdings Limited (HKG:1592) shareholders may wish to note that the Head of Business Development Department & Executive Director, Wing Lui, recently bought HK$2.9m worth of stock, paying HK$0.12 for each share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

Check out our latest analysis for Anchorstone Holdings

Anchorstone Holdings Insider Transactions Over The Last Year

In fact, the recent purchase by Head of Business Development Department & Executive Director Wing Lui was not their only trade of Anchorstone Holdings shares this year. They previously made a sale of -HK$3.8m worth of shares at a price of HK$0.32 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of HK$0.11. So it is hard to draw any strong conclusion from it.

In total, Anchorstone Holdings insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Anchorstone Holdings

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Anchorstone Holdings insiders own 70% of the company, worth about HK$96m. 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 Anchorstone Holdings Insiders?

It is good to see the recent insider purchase. On the other hand the transaction history, over the last year, isn't so positive. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Anchorstone Holdings insiders are reasonably well aligned, and optimistic for the future. 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. When we did our research, we found 4 warning signs for Anchorstone Holdings (2 make us uncomfortable!) that we believe deserve your full attention.

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, 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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