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Have Insiders Sold Green International Holdings Limited (HKG:2700) Shares Recently?
We wouldn't blame Green International Holdings Limited (HKG:2700) shareholders if they were a little worried about the fact that Qigang Yu, the Chairman recently netted about HK$15m selling shares at an average price of HK$0.06. That sale reduced their total holding by 12% which is hardly insignificant, but far from the worst we've seen.
View our latest analysis for Green International Holdings
Green International Holdings Insider Transactions Over The Last Year
Notably, that recent sale by Qigang Yu is the biggest insider sale of Green International Holdings shares that we've seen in the last year. That means that even when the share price was below the current price of HK$0.07, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 12%of Qigang Yu's holding.
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!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
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. It's great to see that Green International Holdings insiders own 42% of the company, worth about HK$96m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Green International Holdings Tell Us?
An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. To that end, you should learn about the 5 warning signs we've spotted with Green International Holdings (including 1 which is a bit unpleasant).
Of course Green 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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About SEHK:2700
Green International Holdings
Provides health and medical services in Hong Kong and the People’s Republic of China.
Flawless balance sheet and slightly overvalued.