Executive Director Michael John Moir Just Bought A Handful Of Shares In China Motor Bus Company, Limited (HKG:26)

Whilst it may not be a huge deal, we thought it was good to see that the China Motor Bus Company, Limited (HKG:26) Executive Director, Michael John Moir, recently bought HK$65k worth of stock, for HK$109 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

View our latest analysis for China Motor Bus Company

The Last 12 Months Of Insider Transactions At China Motor Bus Company

Notably, that recent purchase by Michael John Moir is the biggest insider purchase of China Motor Bus Company 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$110. 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 do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the China Motor Bus Company insider decided to buy shares at close to current prices. Michael John Moir was the only individual insider to buy shares in the last twelve months.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

China Motor Bus Company 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 China Motor Bus Company

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that China Motor Bus Company insiders own 44% of the company, worth about HK$2.2b. 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 China Motor Bus Company 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. Once you factor in the high insider ownership, it certainly seems like insiders are positive about China Motor Bus Company. 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. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of China Motor Bus Company.

Of course China Motor Bus Company may not be the best stock to buy. So you may wish to see this free collection of high quality 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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