President Jinpeng Zhang Just Sold A Bunch Of Shares In CSMall Group Limited (HKG:1815)

Some CSMall Group Limited (HKG:1815) shareholders may be a little concerned to see that the President, Jinpeng Zhang, recently sold a substantial HK$6.4m worth of stock at a price of HK$0.51 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 100% of their entire holding.

See our latest analysis for CSMall Group

CSMall Group Insider Transactions Over The Last Year

Notably, that recent sale by Jinpeng Zhang is the biggest insider sale of CSMall Group shares that we've seen in the last year. That means that an insider was selling shares at slightly below the current price (HK$0.67). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was 100% of Jinpeng Zhang's stake.

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!

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Insider Ownership of CSMall Group

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that CSMall Group insiders own 32% of the company, worth about HK$299m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At CSMall Group Tell Us?

An insider sold CSMall Group shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing CSMall Group. When we did our research, we found 3 warning signs for CSMall Group (1 can't be ignored!) that we believe deserve your full attention.

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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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