Despite Q Technology (Group) Company Limited's recent decline, insiders have made a around CN¥23k profit after buying earlier this year.

Q Technology (Group) Company Limited (HKG:1478) insiders who acquired shares over the previous 12 months, can probably afford to ignore the recent 7.5% decline in the stock price. After taking the recent loss into consideration, the CN¥913k worth of stock they bought is now worth CN¥936k, indicating that their investment yielded a positive return.

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.

Check out our latest analysis for Q Technology (Group)

Q Technology (Group) Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Executive Chairman of the Board Ningning He bought HK$508k worth of shares at a price of HK$5.08 per share. That means that an insider was happy to buy shares at above the current price of HK$4.68. 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. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Ningning He was the only individual insider to buy during the last year.

Ningning He bought a total of 200.00k shares over the year at an average price of HK$4.56. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Q Technology (Group) is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of Q Technology (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. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Q Technology (Group) insiders own 64% of the company, worth about HK$3.6b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Q Technology (Group) Tell Us?

It doesn't really mean much that no insider has traded Q Technology (Group) shares in the last quarter. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like Q Technology (Group) insiders think the business has merit. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 1 warning sign for Q Technology (Group) and we suggest you have a look.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.