Khoon Hua Kuok Bought 5.8% More Shares In Kerry Properties

Kerry Properties Limited (HKG:683) shareholders (or potential shareholders) will be happy to see that the Chairman & CEO, Khoon Hua Kuok, recently bought a whopping HK$4.9m worth of stock, at a price of HK$13.87. While that only increased their holding size by 5.8%, it is still a big swing by our standards.

Check out our latest analysis for Kerry Properties

Kerry Properties Insider Transactions Over The Last Year

Notably, that recent purchase by Khoon Hua Kuok is the biggest insider purchase of Kerry Properties shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is HK$14.02. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. 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. In this case we're pleased to report that the insider bought shares at close to current prices. Khoon Hua Kuok was the only individual insider to buy shares in the last twelve months.

Khoon Hua Kuok bought 458.00k shares over the last 12 months at an average price of HK$13.86. 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!

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.

Does Kerry Properties 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. It appears that Kerry Properties insiders own 0.4% of the company, worth about HK$88m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Kerry Properties Tell Us?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Kerry Properties shares, given these transactions (along with notable insider ownership of the company). Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Kerry Properties.

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.

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