This Hygeia Healthcare Holdings Insider Increased Their Holding In The Last Year

Insiders were net buyers of Hygeia Healthcare Holdings Co., Limited's (HKG:6078 ) stock during the past year. That is, insiders bought more stock than they sold.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Hygeia Healthcare Holdings

The Last 12 Months Of Insider Transactions At Hygeia Healthcare Holdings

In the last twelve months, the biggest single purchase by an insider was when Chairman & Co-CEO Yiwen Zhu bought HK$20m worth of shares at a price of HK$36.59 per share. That means that an insider was happy to buy shares at above the current price of HK$26.45. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. The only individual insider to buy over the last year was Yiwen Zhu.

Yiwen Zhu bought a total of 2.14m shares over the year at an average price of HK$32.17. 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!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Hygeia Healthcare Holdings insiders own 45% of the company, currently worth about HK$7.5b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Hygeia Healthcare Holdings Insiders?

It doesn't really mean much that no insider has traded Hygeia Healthcare Holdings shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like Hygeia Healthcare Holdings insiders think the business has merit. Of course, the future is what matters most. So if you are interested in Hygeia Healthcare Holdings, you should check out this free report on analyst forecasts for the company.

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 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com