Have Insiders Sold MTT Group Holdings Shares Recently?

We'd be surprised if MTT Group Holdings Limited (HKG:2350) shareholders haven't noticed that the Executive Chairman of the Board & CEO, Ka Wai Ip, recently sold HK$1.5m worth of stock at HK$0.47 per share. On the bright side, that sale was only 0.9% of their holding, so we doubt it's very meaningful, on its own.

Check out our latest analysis for MTT Group Holdings

MTT Group Holdings Insider Transactions Over The Last Year

In fact, the recent sale by Executive Chairman of the Board & CEO Ka Wai Ip was not their only sale of MTT Group Holdings shares this year. They previously made an even bigger sale of -HK$17m worth of shares at a price of HK$0.68 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (HK$0.53). So it may not tell us anything about how insiders feel about the current share price.

Insiders in MTT Group Holdings didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Does MTT Group Holdings Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. MTT Group Holdings insiders own 63% of the company, currently worth about HK$209m based on the recent share price. 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 Do The MTT Group Holdings Insider Transactions Indicate?

An insider hasn't bought MTT Group Holdings stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. For example, MTT Group Holdings has 3 warning signs (and 1 which can't be ignored) we think you should know about.

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.