Have Insiders Sold Qingdao AInnovation Technology Group Shares Recently?

We wouldn't blame Qingdao AInnovation Technology Group Co., Ltd. (HKG:2121) shareholders if they were a little worried about the fact that Tao He, the Chief Revenue Officer recently netted about HK$7.9m selling shares at an average price of HK$5.26. However, that sale only accounted for 5.2% of their holding, so arguably it doesn't say much about their conviction.

View our latest analysis for Qingdao AInnovation Technology Group

The Last 12 Months Of Insider Transactions At Qingdao AInnovation Technology Group

Over the last year, we can see that the biggest insider purchase was by CEO & Executive Director Hui Xu for HK$22m worth of shares, at about HK$3.06 per share. We do like to see buying, but this purchase was made at well below the current price of HK$5.44. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months insiders purchased 7.26m shares for HK$22m. But insiders sold 1.94m shares worth HK$11m. In the last twelve months there was more buying than selling by Qingdao AInnovation Technology Group insiders. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of Qingdao AInnovation Technology Group

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. Insiders own 19% of Qingdao AInnovation Technology Group shares, worth about HK$575m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Qingdao AInnovation Technology Group Tell Us?

The insider sales have outweighed the insider buying, at Qingdao AInnovation Technology Group, in the last three months. In contrast, they appear keener if you look at the last twelve months. On top of that, insiders own a significant portion of the company. So we're not too bothered by recent selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Qingdao AInnovation Technology Group. While conducting our analysis, we found that Qingdao AInnovation Technology Group has 2 warning signs and it would be unwise to ignore them.

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 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.