96% Of This MicroPort Scientific Insider's Holdings Were Sold

Viewing insider transactions for MicroPort Scientific Corporation's (HKG:853 ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for MicroPort Scientific

MicroPort Scientific Insider Transactions Over The Last Year

The Independent Non-Executive Director, Jonathan H. Chou, made the biggest insider sale in the last 12 months. That single transaction was for HK$2.1m worth of shares at a price of HK$14.01 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (HK$6.41). 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 Jonathan H. Chou.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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 Of MicroPort Scientific

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that MicroPort Scientific insiders own 0.4% of the company, worth about HK$41m. However, it's possible that insiders might have an indirect interest through a more complex structure. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At MicroPort Scientific Tell Us?

It doesn't really mean much that no insider has traded MicroPort Scientific shares in the last quarter. We don't take much encouragement from the transactions by MicroPort Scientific insiders. But we do like the fact that insiders own a fair chunk of the company. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for MicroPort Scientific.

But note: MicroPort Scientific 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 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.