Insider Buying: The China Success Finance Group Holdings Limited (HKG:3623) Executive Director Just Bought 4.8% More Shares

Potential China Success Finance Group Holdings Limited (HKG:3623) shareholders may wish to note that the Executive Director, Haoquan Pang, recently bought HK$2.6m worth of stock, paying HK$1.01 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 4.8%.

View our latest analysis for China Success Finance Group Holdings

The Last 12 Months Of Insider Transactions At China Success Finance Group Holdings

Notably, that recent purchase by Haoquan Pang is the biggest insider purchase of China Success Finance Group Holdings shares that we've seen in the last year. That means that even when the share price was higher than HK$0.98 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

China Success Finance Group Holdings insiders may have bought shares in the last year, but they didn't sell any. 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!

China Success Finance Group Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does China Success Finance Group Holdings Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. China Success Finance Group Holdings insiders own about HK$301m worth of shares (which is 57% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The China Success Finance Group Holdings Insider Transactions Indicate?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about China Success Finance Group Holdings. Looks promising! 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. For instance, we've identified 2 warning signs for China Success Finance Group Holdings (1 doesn't sit too well with us) you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.