Insider Buys Additional HK$3.0m In Envision Greenwise Holdings Stock

Potential Envision Greenwise Holdings Limited (HKG:1783) shareholders may wish to note that the Executive Chairman, Chun Sing Kwok, recently bought HK$3.0m worth of stock, paying HK$5.74 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.

View our latest analysis for Envision Greenwise Holdings

The Last 12 Months Of Insider Transactions At Envision Greenwise Holdings

Notably, that recent purchase by Chun Sing Kwok is the biggest insider purchase of Envision Greenwise Holdings shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is HK$5.75. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Envision Greenwise Holdings share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Chun Sing Kwok.

Chun Sing Kwok purchased 1.37m shares over the year. The average price per share was HK$5.77. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

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. We usually like to see fairly high levels of insider ownership. It's great to see that Envision Greenwise Holdings insiders own 53% of the company, worth about HK$3.9b. 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 Do The Envision Greenwise Holdings Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Envision Greenwise Holdings. That's what I like to see! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 2 warning signs for Envision Greenwise Holdings you should be aware of.

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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