Zhi Jian Wu Just Bought A Sprinkling of Shares In Guangdong Join-Share Financing Guarantee Investment Co., Ltd. (HKG:1543)

Whilst it may not be a huge deal, we thought it was good to see that Zhi Jian Wu, who is a company insider, recently bought HK$586k worth of stock, for HK$1.35 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 Guangdong Join-Share Financing Guarantee Investment

The Last 12 Months Of Insider Transactions At Guangdong Join-Share Financing Guarantee Investment

In fact, the recent purchase by insider Zhi Jian Wu was not their only trade of Guangdong Join-Share Financing Guarantee Investment shares this year. Earlier in the year, they sold shares at a price ofHK$1.50 per share in a -HK$3.0m transaction. That means that an insider was selling shares at around the current price of HK$1.32. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. 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.

Zhi Jian Wu bought 7.79m shares over the last 12 months at an average price of HK$1.36. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Guangdong Join-Share Financing Guarantee Investment is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Guangdong Join-Share Financing Guarantee Investment 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. Insiders own 20% of Guangdong Join-Share Financing Guarantee Investment shares, worth about HK$408m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Guangdong Join-Share Financing Guarantee Investment Insider Transactions Indicate?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Guangdong Join-Share Financing Guarantee Investment. Nice! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. While conducting our analysis, we found that Guangdong Join-Share Financing Guarantee Investment has 1 warning sign and it would be unwise to ignore this.

But note: Guangdong Join-Share Financing Guarantee Investment 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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