Insider Buying: The Century Entertainment International Holdings Limited (HKG:959) Chairman & CEO Just Bought HK$113k Worth Of Shares

Whilst it may not be a huge deal, we thought it was good to see that the Century Entertainment International Holdings Limited (HKG:959) Chairman & CEO, Man Sun Ng, recently bought HK$113k worth of stock, for HK$0.039 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

View our latest analysis for Century Entertainment International Holdings

The Last 12 Months Of Insider Transactions At Century Entertainment International Holdings

Notably, that recent purchase by Man Sun Ng is the biggest insider purchase of Century Entertainment International Holdings shares that we've seen in the last year. That implies that an insider found the current price of HK$0.043 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. 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 Century Entertainment International Holdings insider decided to buy shares at close to current prices. Man Sun Ng was the only individual insider to buy shares in the last twelve months.

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!

Century Entertainment International Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Century Entertainment International Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Century Entertainment International Holdings insiders own 48% of the company, worth about HK$27m. 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 Century Entertainment International Holdings Tell Us?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Century Entertainment International Holdings. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Century Entertainment International Holdings. At Simply Wall St, we've found that Century Entertainment International Holdings has 3 warning signs (1 is significant!) that deserve your attention before going any further with your analysis.

But note: Century Entertainment International 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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