Executive Chairman of Envision Greenwise Holdings Chun Sing Kwok Buys More Stock

Potential Envision Greenwise Holdings Limited (HKG:1783) shareholders may wish to note that the Executive Chairman, Chun Sing Kwok, recently bought HK$2.0m worth of stock, paying HK$6.32 for each share. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

Check out our latest analysis for Envision Greenwise Holdings

The Last 12 Months Of Insider Transactions At Envision Greenwise Holdings

Notably, that recent purchase by Executive Chairman Chun Sing Kwok was not the only time they bought Envision Greenwise Holdings shares this year. They previously made an even bigger purchase of HK$3.0m worth of shares at a price of HK$5.74 per share. Even though the purchase was made at a significantly lower price than the recent price (HK$7.09), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Chun Sing Kwok bought a total of 2.16m shares over the year at an average price of HK$5.84. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Envision Greenwise Holdings Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Envision Greenwise Holdings insiders own 49% of the company, currently worth about HK$4.8b 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 Envision Greenwise Holdings Insiders?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Envision Greenwise Holdings. One for the watchlist, at least! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. When we did our research, we found 2 warning signs for Envision Greenwise Holdings (1 can't be ignored!) 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 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.