The Chairman of Telecom Digital Holdings Limited (HKG:6033), King Shek Cheung, Just Bought 0.4% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Telecom Digital Holdings Limited (HKG:6033) Chairman, King Shek Cheung, recently bought HK$225k worth of stock, for HK$2.45 per share. That might not be a big purchase but it only increased their holding by 0.4%, and could be interpreted as a good sign.

See our latest analysis for Telecom Digital Holdings

The Last 12 Months Of Insider Transactions At Telecom Digital Holdings

In fact, the recent purchase by King Shek Cheung was the biggest purchase of Telecom Digital Holdings shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of HK$2.47. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Telecom Digital Holdings share holders is that insiders were buying at near the current price.

In the last twelve months Telecom Digital Holdings insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by 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!

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

Does Telecom Digital Holdings Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Telecom Digital Holdings insiders own about HK$201m worth of shares. That equates to 20% of the company. 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 Telecom Digital Holdings Tell Us?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Telecom Digital Holdings. One for the watchlist, at least! 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. Every company has risks, and we've spotted 2 warning signs for Telecom Digital Holdings 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, but not derivative transactions.

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