Sino-Synergy Hydrogen Energy Technology (Jiaxing) Insiders Added CN¥429.9m Of Stock To Their Holdings

In the last year, multiple insiders have substantially increased their holdings of Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. (HKG:9663) stock, indicating that insiders' optimism about the company's prospects has increased.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Sino-Synergy Hydrogen Energy Technology (Jiaxing)

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Insider Transactions Over The Last Year

The insider Sin Hang Kwan made the biggest insider purchase in the last 12 months. That single transaction was for HK$216m worth of shares at a price of HK$19.66 each. That means that even when the share price was higher than HK$18.24 (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. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. Notably Sin Hang Kwan was also the biggest seller.

Happily, we note that in the last year insiders paid HK$430m for 21.87m shares. But they sold 18.57m shares for HK$365m. In the last twelve months there was more buying than selling by Sino-Synergy Hydrogen Energy Technology (Jiaxing) insiders. 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!

Sino-Synergy Hydrogen Energy Technology (Jiaxing) is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership Of Sino-Synergy Hydrogen Energy Technology (Jiaxing)

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Sino-Synergy Hydrogen Energy Technology (Jiaxing) insiders own about HK$1.7b worth of shares (which is 18% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Sino-Synergy Hydrogen Energy Technology (Jiaxing) Tell Us?

It doesn't really mean much that no insider has traded Sino-Synergy Hydrogen Energy Technology (Jiaxing) shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Judging from their transactions, and high insider ownership, Sino-Synergy Hydrogen Energy Technology (Jiaxing) insiders feel good about the company's future. While it's good to be aware of 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 2 warning signs for Sino-Synergy Hydrogen Energy Technology (Jiaxing) you should know about.

But note: Sino-Synergy Hydrogen Energy Technology (Jiaxing) 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 of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.