Kin Wah Yiu Is The Independent Non-Executive Director of ANTA Sports Products Limited (HKG:2020) And They Just Picked Up 23% More Shares

Potential ANTA Sports Products Limited (HKG:2020) shareholders may wish to note that the Independent Non-Executive Director, Kin Wah Yiu, recently bought HK$1.5m worth of stock, paying HK$149 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 23%.

Check out our latest analysis for ANTA Sports Products

ANTA Sports Products Insider Transactions Over The Last Year

In fact, the recent purchase by Kin Wah Yiu was the biggest purchase of ANTA Sports Products shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of HK$163. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for ANTA Sports Products share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Kin Wah Yiu.

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!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does ANTA Sports Products Boast High Insider Ownership?

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. A high insider ownership often makes company leadership more mindful of shareholder interests. ANTA Sports Products insiders own about HK$1.9b worth of shares (which is 0.4% of the company). 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 ANTA Sports Products Tell Us?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest ANTA Sports Products insiders are well aligned, and quite possibly think the share price is too low. Nice! 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. Case in point: We've spotted 1 warning sign for ANTA Sports Products you should be aware of.

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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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.
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