Have Qingdao AInnovation Technology Group Insiders Been Selling Stock?

We'd be surprised if Qingdao AInnovation Technology Group Co., Ltd. (HKG:2121) shareholders haven't noticed that the Chief Revenue Officer, Tao He, recently sold HK$3.5m worth of stock at HK$8.00 per share. On the bright side, that sale was only 1.3% of their holding, so we doubt it's very meaningful, on its own.

See our latest analysis for Qingdao AInnovation Technology Group

Qingdao AInnovation Technology Group Insider Transactions Over The Last Year

In fact, the recent sale by Tao He was the biggest sale of Qingdao AInnovation Technology Group shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of HK$7.97. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Qingdao AInnovation Technology Group

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Qingdao AInnovation Technology Group insiders own 18% of the company, currently worth about HK$813m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

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

An insider sold Qingdao AInnovation Technology Group shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 2 warning signs for Qingdao AInnovation Technology Group and we suggest you have a look.

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.