The Chairperson & CEO of Jia Group Holdings limited (HKG:8519), Pui Yain Wong, Just Bought A Few More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Jia Group Holdings limited (HKG:8519) Chairperson & CEO, Pui Yain Wong, recently bought HK$482k worth of stock, for HK$0.12 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Check out our latest analysis for Jia Group Holdings

Jia Group Holdings Insider Transactions Over The Last Year

Notably, that recent purchase by Pui Yain Wong is the biggest insider purchase of Jia Group Holdings shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is HK$0.12. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Jia Group Holdings insiders decided to buy shares at close to current prices.

Jia Group Holdings insiders may have bought shares in the last year, but they didn't sell any. Their average price was about HK$0.10. Although they bought at below the recent share price, it is good to see that insiders are willing to invest in the company. 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!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Jia Group Holdings

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Jia Group Holdings insiders own 52% of the company, currently worth about HK$65m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Jia Group Holdings Tell Us?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Jia Group Holdings. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 4 warning signs for Jia Group Holdings (of which 1 can't be ignored!) you should know about.

But note: Jia Group Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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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