Insider Buying: The Sun Hung Kai Properties Limited (HKG:16) Chairman & MD Just Bought HK$1.0m Worth Of Shares

Potential Sun Hung Kai Properties Limited (HKG:16) shareholders may wish to note that the Chairman & MD, Ping-Luen Kwok, recently bought HK$1.0m worth of stock, paying HK$103 for each share. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

Check out our latest analysis for Sun Hung Kai Properties

The Last 12 Months Of Insider Transactions At Sun Hung Kai Properties

The insider Ho-Lai Kwok made the biggest insider purchase in the last 12 months. That single transaction was for HK$83m worth of shares at a price of HK$97.60 each. That means that an insider was happy to buy shares at around the current price of HK$104. 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 purchases were made at close to current prices.

Sun Hung Kai Properties insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Sun Hung Kai Properties is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of Sun Hung Kai Properties

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Sun Hung Kai Properties insiders own 5.9% of the company, worth about HK$18b. 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 Sun Hung Kai Properties Tell Us?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Sun Hung Kai Properties insiders are well aligned, and quite possibly think the share price is too low. Nice! 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. For example - Sun Hung Kai Properties has 1 warning sign we think you should be aware of.

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.

If you decide to trade Sun Hung Kai Properties, use the lowest-cost* platform that is rated #1 Overall by Barron’s, Interactive Brokers. Trade stocks, options, futures, forex, bonds and funds on 135 markets, all from a single integrated account. Promoted

This article by Simply Wall St is general in nature. 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.
^*Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

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