Stock Analysis

A Yihai International Holding Ltd. (HKG:1579) insider increased their holdings by 22% last year

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Insiders were net buyers of Yihai International Holding Ltd.'s (HKG:1579 ) stock during the past year. That is, insiders bought more stock than they sold.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Yihai International Holding

Yihai International Holding Insider Transactions Over The Last Year

The CEO & Executive Director Qiang Guo made the biggest insider purchase in the last 12 months. That single transaction was for HK$1.8m worth of shares at a price of HK$19.55 each. That implies that an insider found the current price of HK$21.15 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Yihai International Holding share holders is that an insider was buying at near the current price. Qiang Guo was the only individual insider to buy shares in the last twelve months.

Qiang Guo purchased 100.00k shares over the year. The average price per share was HK$19.58. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

SEHK:1579 Insider Trading Volume March 19th 2023

Yihai International Holding is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Yihai International Holding Boast High 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. Yihai International Holding insiders own 47% of the company, currently worth about HK$9.7b 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.

So What Do The Yihai International Holding Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Yihai International Holding shares in the last quarter. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like Yihai International Holding insiders think the business has merit. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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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