The Chairman & CEO of Skyfame Realty (Holdings) Limited (HKG:59), Pan Yu, Just Bought A Few More Shares

Potential Skyfame Realty (Holdings) Limited (HKG:59) shareholders may wish to note that the Chairman & CEO, Pan Yu, recently bought HK$1.9m worth of stock, paying HK$0.97 for each share. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

See our latest analysis for Skyfame Realty (Holdings)

The Last 12 Months Of Insider Transactions At Skyfame Realty (Holdings)

In fact, the recent purchase by Chairman & CEO Pan Yu was not their only acquisition of Skyfame Realty (Holdings) shares this year. They previously made an even bigger purchase of HK$2.0m worth of shares at a price of HK$0.99 per share. So it's clear an insider wanted to buy, at around the current price, which is HK$0.99. Of course they may have changed their mind. But this suggests they are optimistic. 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. The good news for Skyfame Realty (Holdings) share holders is that an insider was buying at near the current price. Pan Yu was the only individual insider to buy during the last year.

Pan Yu purchased 11.90m shares over the year. The average price per share was HK$0.99. 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!

Skyfame Realty (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.

Does Skyfame Realty (Holdings) Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Skyfame Realty (Holdings) insiders own about HK$5.7b worth of shares (which is 73% 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 Does This Data Suggest About Skyfame Realty (Holdings) Insiders?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Skyfame Realty (Holdings) insiders are well aligned, and quite possibly think the share price is too low. One for the watchlist, at least! 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. At Simply Wall St, we've found that Skyfame Realty (Holdings) has 3 warning signs (1 is a bit concerning!) that deserve your attention before going any further with your analysis.

Of course Skyfame Realty (Holdings) 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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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.
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