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

Even if it's not a huge purchase, we think it was good to see that Bun Chak Poon, the Executive Chairman of Texwinca Holdings Limited (HKG:321) recently shelled out HK$334k to buy stock, at 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.

View our latest analysis for Texwinca Holdings

Texwinca Holdings Insider Transactions Over The Last Year

Notably, that recent purchase by Executive Chairman Bun Chak Poon was not the only time they bought Texwinca Holdings shares this year. They previously made an even bigger purchase of HK$4.6m worth of shares at a price of HK$1.15 per share. We do like to see buying, but this purchase was made at well below the current price of HK$1.70. 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 a total of 24.37m shares over the year at an average price of HK$1.18. 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!

Texwinca Holdings 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 Texwinca Holdings

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Texwinca Holdings insiders own about HK$1.2b worth of shares (which is 51% 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.

So What Does This Data Suggest About Texwinca Holdings Insiders?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Texwinca Holdings. Nice! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. 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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