The Vice Chairman of Eagle Nice (International) Holdings Limited (HKG:2368), Hsiao Ying Chen, Just Bought A Few More Shares

By
Simply Wall St
Published
March 20, 2021
SEHK:2368
Source: Shutterstock

Potential Eagle Nice (International) Holdings Limited (HKG:2368) shareholders may wish to note that the Vice Chairman, Hsiao Ying Chen, recently bought HK$1.5m worth of stock, paying HK$5.29 for each share. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

See our latest analysis for Eagle Nice (International) Holdings

Eagle Nice (International) Holdings Insider Transactions Over The Last Year

In fact, the recent purchase by Vice Chairman Hsiao Ying Chen was not their only acquisition of Eagle Nice (International) Holdings shares this year. Earlier in the year, they paid HK$3.70 per share in a HK$4.0m purchase. Even though the purchase was made at a significantly lower price than the recent price (HK$5.29), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

In the last twelve months Eagle Nice (International) Holdings insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
SEHK:2368 Insider Trading Volume March 21st 2021

Eagle Nice (International) Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Eagle Nice (International) Holdings insiders own 31% of the company, currently worth about HK$885m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Eagle Nice (International) Holdings Insiders?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Eagle Nice (International) Holdings. That's what I like to see! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Case in point: We've spotted 2 warning signs for Eagle Nice (International) Holdings you should be aware of.

Of course Eagle Nice (International) Holdings 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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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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