Sun Hing Vision Group Holdings Slides As Insider Purchases Lose Another HK$78k \

The recent 15% drop in Sun Hing Vision Group Holdings Limited's (HKG:125) stock could come as a blow to insiders who purchased HK$404k worth of stock at an average buy price of HK$1.03 over the past 12 months. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth HK$325k, which is not great.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Sun Hing Vision Group Holdings

Sun Hing Vision Group Holdings Insider Transactions Over The Last Year

The insider David Webb made the biggest insider purchase in the last 12 months. That single transaction was for HK$404k worth of shares at a price of HK$1.03 each. That means that an insider was happy to buy shares at above the current price of HK$0.83. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. David Webb was the only individual insider to buy shares in the last twelve months.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Sun Hing Vision Group Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Sun Hing Vision Group Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 13% of Sun Hing Vision Group Holdings shares, worth about HK$29m, according to our data. But they may have an indirect interest through a corporate structure that we haven't picked up on. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Sun Hing Vision Group Holdings Tell Us?

There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. Insiders own shares in Sun Hing Vision Group Holdings and we see no evidence to suggest they are worried about the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 5 warning signs for Sun Hing Vision Group Holdings (1 is concerning!) and we strongly recommend you look at these before investing.

But note: Sun Hing Vision Group Holdings 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, but not derivative transactions.

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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.