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China Resources Medical Holdings Insider Lowered Holding By 100% During Last Year
From what we can see, insiders were net sellers in China Resources Medical Holdings Company Limited's (HKG:1515 ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for China Resources Medical Holdings
The Last 12 Months Of Insider Transactions At China Resources Medical Holdings
In the last twelve months, the biggest single sale by an insider was when the Independent Non-Executive Director, Ting Yuk Wu, sold HK$2.6m worth of shares at a price of HK$4.41 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (HK$3.86). So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Ting Yuk Wu.
Ting Yuk Wu sold a total of 1.00m shares over the year at an average price of CN¥4.38. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data isn't picking up on much insider ownership at China Resources Medical Holdings, though insiders do hold about HK$1.8m worth of shares. However, it's possible that insiders might have an indirect interest through a more complex structure. We might be missing something but that seems like very low insider ownership.
What Might The Insider Transactions At China Resources Medical Holdings Tell Us?
There haven't been any insider transactions in the last three months -- that doesn't mean much. We don't take much encouragement from the transactions by China Resources Medical Holdings insiders. And we're not picking up on high enough insider ownership to give us any comfort. 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 China Resources Medical Holdings has 2 warning signs and it would be unwise to ignore these.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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 of direct interests only, but not derivative transactions or indirect interests.
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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.
About SEHK:1515
China Resources Medical Holdings
An investment holding company, provides general healthcare, hospital management, and other hospital-related services in the People’s Republic of China.
Adequate balance sheet and fair value.