The Executive Chairman of the Board of Pujiang International Group Limited (HKG:2060), Liang Tang, Just Bought A Few More Shares

Pujiang International Group Limited (HKG:2060) shareholders (or potential shareholders) will be happy to see that the Executive Chairman of the Board, Liang Tang, recently bought a whopping HK$5.6m worth of stock, at a price of HK$2.65. While that only increased their holding size by 0.4%, it is still a big swing by our standards.

Check out our latest analysis for Pujiang International Group

Pujiang International Group Insider Transactions Over The Last Year

Notably, that recent purchase by Executive Chairman of the Board Liang Tang was not the only time they bought Pujiang International Group shares this year. Earlier in the year, they paid HK$3.04 per share in a HK$34m purchase. That means that even when the share price was higher than HK$2.68 (the recent price), an insider wanted to purchase shares. 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. The only individual insider to buy over the last year was Liang Tang.

Liang Tang bought a total of 33.55m shares over the year at an average price of HK$3.05. 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!

Pujiang International Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of Pujiang International Group

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Pujiang International Group insiders own 78% of the company, currently worth about HK$1.7b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Pujiang International Group Tell Us?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Pujiang International Group insiders are well aligned, and quite possibly think the share price is too low. That's what I like to see! 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. At Simply Wall St, we found 1 warning sign for Pujiang International Group that deserve your attention before buying any shares.

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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