This ANTA Sports Products Insider Increased Their Holding By 19% Last Year

Viewing insider transactions for ANTA Sports Products Limited's (HKG:2020 ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

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 ANTA Sports Products

The Last 12 Months Of Insider Transactions At ANTA Sports Products

In the last twelve months, the biggest single purchase by an insider was when Executive Director Jie Zheng bought HK$10m worth of shares at a price of HK$67.32 per share. Even though the purchase was made at a significantly lower price than the recent price (HK$78.20), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

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!

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

Does ANTA Sports Products Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. ANTA Sports Products insiders own 0.4% of the company, currently worth about HK$979m 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 ANTA Sports Products Insider Transactions Indicate?

The fact that there have been no ANTA Sports Products insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Judging from their transactions, and high insider ownership, ANTA Sports Products insiders feel good about the company's future. Of course, the future is what matters most. So if you are interested in ANTA Sports Products, you should check out this free report on analyst forecasts for the company.

Of course ANTA Sports Products may not be the best stock to buy. So you may wish to see this free collection of high quality 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.