Flat Glass Group Insider Ups Holding By 28% During Year

Viewing insider transactions for Flat Glass Group Co., Ltd.'s (HKG:6865 ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Flat Glass Group

Flat Glass Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by insider Yan Peng for HK$66m worth of shares, at about HK$13.46 per share. That means that even when the share price was higher than HK$12.40 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Yan Peng was the only individual insider to buy shares in the last twelve months. We note that Yan Peng was both the biggest buyer and the biggest seller.

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!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Flat Glass Group Insiders Bought Stock Recently

Over the last three months, we've seen significantly more insider buying, than insider selling, at Flat Glass Group. In total, insider Yan Peng bought HK$66m worth of shares in that time. But we did see insider Yan Peng sell shares worth HK$5.2m. Insiders have spent more buying shares than they have selling, so on balance we think they are are probably optimistic.

Does Flat Glass Group Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Flat Glass Group insiders own 57% of the company, worth about HK$26b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Flat Glass Group Insiders?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Flat Glass Group insiders are well aligned, and quite possibly think the share price is too low. That's what I like to see! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 2 warning signs for Flat Glass Group that deserve your attention before buying any shares.

Of course Flat Glass Group 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 of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.