Insider Buying: The C C Land Holdings Limited (HKG:1224) Chairman of the Board Just Bought 16% More Shares

Those following along with C C Land Holdings Limited (HKG:1224) will no doubt be intrigued by the recent purchase of shares by Chung Kiu Cheung, Chairman of the Board of the company, who spent a stonking HK$683m on stock at an average price of HK$1.95. Not only is that a big swing, but it increased their holding size by 16%, which is definitely great to see.

View our latest analysis for C C Land Holdings

C C Land Holdings Insider Transactions Over The Last Year

In fact, the recent purchase by Chung Kiu Cheung was the biggest purchase of C C Land Holdings shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of HK$1.94. 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. 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. Chung Kiu Cheung was the only individual insider to buy shares in the last twelve months.

Chung Kiu Cheung purchased 461.28m shares over the year. The average price per share was HK$1.90. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

C C Land Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. C C Land Holdings insiders own about HK$4.2b worth of shares (which is 56% of the company). 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 Do The C C Land Holdings Insider Transactions Indicate?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about C C Land Holdings. That's what I like to see! 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. Be aware that C C Land Holdings is showing 3 warning signs in our investment analysis, and 2 of those shouldn't be ignored...

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, but not derivative transactions.

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