The VP & Executive Director of Sun.King Technology Group Limited (HKG:580), Zhoumin Yue, Just Sold 64% Of Their Holding

We wouldn't blame Sun.King Technology Group Limited (HKG:580) shareholders if they were a little worried about the fact that Zhoumin Yue, the VP & Executive Director recently netted about HK$11m selling shares at an average price of HK$3.09. Probably the most concerning element of the whole transaction is that the disposal amounted to 64% of their entire holding.

Check out our latest analysis for Sun.King Technology Group

Sun.King Technology Group Insider Transactions Over The Last Year

In fact, the recent sale by Zhoumin Yue was the biggest sale of Sun.King Technology Group shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of HK$2.86. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Does Sun.King Technology Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Sun.King Technology Group insiders own 25% of the company, currently worth about HK$1.2b 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 Sun.King Technology Group Tell Us?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Sun.King Technology Group. At Simply Wall St, we've found that Sun.King Technology Group has 4 warning signs (1 doesn't sit too well with us!) that deserve your attention before going any further with your analysis.

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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