Don't Ignore The Fact That This Insider Just Sold Some Shares In Win Hanverky Holdings Limited (HKG:3322)
We note that a Win Hanverky Holdings Limited (HKG:3322) insider, David Webb, recently sold HK$570k worth of stock for HK$0.39 per share. However we note that the sale only shrunk their holding by 2.3%.
See our latest analysis for Win Hanverky Holdings
Win Hanverky Holdings Insider Transactions Over The Last Year
Notably, that recent sale by David Webb is the biggest insider sale of Win Hanverky Holdings shares that we've seen in the last year. That means that an insider was selling shares at around the current price of HK$0.36. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of Win Hanverky Holdings
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 5.6% of Win Hanverky Holdings shares, worth about HK$26m, according to our data. However, it's possible that insiders might have an indirect interest through a more complex structure. Whilst better than nothing, we're not overly impressed by these holdings.
What Might The Insider Transactions At Win Hanverky Holdings Tell Us?
An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Win Hanverky Holdings. Every company has risks, and we've spotted 4 warning signs for Win Hanverky Holdings (of which 1 doesn't sit too well with us!) you should know about.
Of course Win Hanverky 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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About SEHK:3322
Win Hanverky Holdings
Engages in the manufacture, retail, and sale of garment products in Mainland China, Europe, Other Asian countries, the United States, Hong Kong, Canada, and internationally.
Adequate balance sheet and slightly overvalued.