Despite Hitting HK$0.28, Glory Sun Land Group Insiders Still Sold Too Soon

Glory Sun Land Group Limited's (HKG:299) value has fallen 21% in the last week, but insiders who sold HK$2.9m worth of stock over the last year have had less success. Insiders would probably have been better off holding on to their shares given that the average selling price of HK$0.57 is still lower than the current share price.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Glory Sun Land Group

The Last 12 Months Of Insider Transactions At Glory Sun Land Group

In the last twelve months, the biggest single sale by an insider was when the insider, Xiaokun Lin, sold HK$2.9m worth of shares at a price of HK$0.57 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 silver lining is that this sell-down took place above the latest price (HK$0.28). So it is hard to draw any strong conclusion from it. Xiaokun Lin was the only individual insider to sell over the last year.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Glory Sun Land 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. It appears that Glory Sun Land Group insiders own 35% of the company, worth about HK$11m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Glory Sun Land Group Insider Transactions Indicate?

There haven't been any insider transactions in the last three months -- that doesn't mean much. We don't take much encouragement from the transactions by Glory Sun Land Group insiders. The modest level of insider ownership is, at least, some comfort. 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. For example - Glory Sun Land Group has 2 warning signs we think you should be aware of.

Of course Glory Sun Land Group may not be the best stock to buy. So you may wish to see this free collection of high quality 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.