Senior VP of Sales & Marketing and Executive Director Jianfeng Zhang Just Bought 40% More Shares In Haitian International Holdings Limited (HKG:1882)

Those following along with Haitian International Holdings Limited (HKG:1882) will no doubt be intrigued by the recent purchase of shares by Jianfeng Zhang, Senior VP of Sales & Marketing and Executive Director of the company, who spent a stonking HK$7.8m on stock at an average price of HK$19.47. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 40%.

See our latest analysis for Haitian International Holdings

The Last 12 Months Of Insider Transactions At Haitian International Holdings

In fact, the recent purchase by Jianfeng Zhang was the biggest purchase of Haitian International Holdings shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of HK$20.80. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Haitian International Holdings insider decided to buy shares at close to current prices. Jianfeng Zhang was the only individual insider to buy during the last year.

Over the last year we saw more insider selling of Haitian International Holdings shares, than buying. 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!

I will like Haitian International Holdings better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership of Haitian International 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. We usually like to see fairly high levels of insider ownership. Haitian International Holdings insiders own about HK$222m worth of shares. That equates to 0.7% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Haitian International Holdings Insiders?

It's certainly positive 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, Haitian International Holdings insiders are reasonably well aligned, and optimistic for the future. While we like knowing 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. Every company has risks, and we've spotted 1 warning sign for Haitian International Holdings you should know about.

But note: Haitian International Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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. 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.