Stock Analysis

One Tailam Tech Construction Holdings Insider Raised Their Stake In The Previous Year

SEHK:6193
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From what we can see, insiders were net buyers in Tailam Tech Construction Holdings Limited's (HKG:6193 ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Tailam Tech Construction Holdings

The Last 12 Months Of Insider Transactions At Tailam Tech Construction Holdings

In the last twelve months, the biggest single purchase by an insider was when Non-Executive Director Leung Yau Wong bought HK$441k worth of shares at a price of HK$0.22 per share. That implies that an insider found the current price of HK$0.24 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Tailam Tech Construction Holdings insider decided to buy shares at close to current prices. Leung Yau Wong was the only individual insider to buy shares in the last twelve months.

Leung Yau Wong bought 2.96m shares over the last 12 months at an average price of HK$0.23. 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!

insider-trading-volume
SEHK:6193 Insider Trading Volume March 28th 2024

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

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. We usually like to see fairly high levels of insider ownership. Tailam Tech Construction Holdings insiders own 67% of the company, currently worth about HK$64m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Tailam Tech Construction Holdings Tell Us?

It doesn't really mean much that no insider has traded Tailam Tech Construction Holdings 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 Tailam Tech Construction Holdings insiders think the business has merit. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we've found that Tailam Tech Construction Holdings has 3 warning signs (1 is concerning!) that deserve your attention before going any further with your analysis.

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.