Have Insiders Sold BOSA Technology Holdings Shares Recently?

We note that the BOSA Technology Holdings Limited (HKG:8140) Non-Executive Chairman, Tek-Sian Kwan, recently sold HK$647k worth of stock for HK$0.10 per share. However we note that the sale only shrunk their holding by 3.0%.

Check out our latest analysis for BOSA Technology Holdings

BOSA Technology Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Tek-Sian Kwan is the biggest insider sale of BOSA Technology Holdings shares that we've seen in the last year. That means that an insider was selling shares at slightly below the current price (HK$0.11). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 3.0% of Tek-Sian Kwan's holding.

Over the last year we saw more insider selling of BOSA Technology Holdings shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like BOSA Technology Holdings better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of BOSA Technology Holdings

Many investors like to check how much of a company is owned by 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. BOSA Technology Holdings insiders own 70% of the company, currently worth about HK$61m 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.

So What Do The BOSA Technology Holdings Insider Transactions Indicate?

The stark truth for BOSA Technology Holdings is that there has been more insider selling than insider buying in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. But since BOSA Technology Holdings is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 2 warning signs for BOSA Technology Holdings you should know about.

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 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.