Transport International Holdings Non-Executive Director Acquires 14% More Stock

Potential Transport International Holdings Limited (HKG:62) shareholders may wish to note that the Non-Executive Director, Winnie J. Ng, recently bought HK$905k worth of stock, paying HK$10.47 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 14%.

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The Last 12 Months Of Insider Transactions At Transport International Holdings

In the last twelve months, the biggest single purchase by an insider was when Non-Executive Director Lai Kuen Louey bought HK$4.9m worth of shares at a price of HK$8.65 per share. We do like to see buying, but this purchase was made at well below the current price of HK$10.63. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

While Transport International Holdings insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Check out our latest analysis for Transport International Holdings

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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 appears that Transport International Holdings insiders own 3.8% of the company, worth about HK$213m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Transport International Holdings Insiders?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Transport International Holdings insiders are well aligned, and quite possibly think the share price is too low. That's what I like to see! 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, Transport International Holdings has 4 warning signs (and 1 which is a bit concerning) we think you should know about.

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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.