Trade Alert: The Executive Deputy Chairman Of Sino Harbour Holdings Group Limited (HKG:1663), Feng Shi, Has Sold Some Shares Recently

By
Simply Wall St
Published
March 15, 2022
SEHK:1663
Source: Shutterstock

Investors may wish to note that the Executive Deputy Chairman of Sino Harbour Holdings Group Limited, Feng Shi, recently netted HK$230k from selling stock, receiving an average price of HK$0.14. That might not be a huge sum but it was 100% of their personal holding, so we find it a little discouraging.

View our latest analysis for Sino Harbour Holdings Group

Sino Harbour Holdings Group Insider Transactions Over The Last Year

There wasn't any very large single transaction over the last year, but we can still observe some trading.

Lam Ping Wong bought a total of 17.97m shares over the year at an average price of HK$0.15. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
SEHK:1663 Insider Trading Volume March 15th 2022

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Sino Harbour Holdings Group insiders own about HK$28m worth of shares (which is 9.5% of the company). We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Sino Harbour Holdings Group Insiders?

It's certainly positive 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 Sino Harbour Holdings Group insiders are well aligned, and that they may think the share price is too low. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 4 warning signs for Sino Harbour Holdings Group 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.

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