Executive Chairman Bun Chak Poon Just Bought A Handful Of Shares In Texwinca Holdings Limited (HKG:321)

Whilst it may not be a huge deal, we thought it was good to see that the Texwinca Holdings Limited (HKG:321) Executive Chairman, Bun Chak Poon, recently bought HK$105k worth of stock, for HK$1.46 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

Check out our latest analysis for Texwinca Holdings

The Last 12 Months Of Insider Transactions At Texwinca Holdings

In fact, the recent purchase by Executive Chairman Bun Chak Poon was not their only acquisition of Texwinca Holdings shares this year. Earlier in the year, they paid HK$1.15 per share in a HK$4.6m purchase. We do like to see buying, but this purchase was made at well below the current price of HK$1.46. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Bun Chak Poon bought 23.14m shares over the last 12 months at an average price of HK$1.16. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Texwinca 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

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. Texwinca Holdings insiders own 51% of the company, currently worth about HK$1.0b 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 Do The Texwinca Holdings Insider Transactions Indicate?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Texwinca 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 3 warning signs for Texwinca Holdings you should be aware of.

Of course Texwinca 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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