Tongdao Liepin Group (HKG:6100) shareholders (or potential shareholders) will be happy to see that the Chairman of the Board & CEO, Kebin Dai, recently bought a whopping HK$15m worth of stock, at a price of HK$2.18. While that only increased their holding size by 6.1%, it is still a big swing by our standards.
View our latest analysis for Tongdao Liepin Group
Tongdao Liepin Group Insider Transactions Over The Last Year
Notably, that recent purchase by Kebin Dai is the biggest insider purchase of Tongdao Liepin Group shares that we've seen in the last year. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of HK$2.57. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
Kebin Dai bought 14.04m shares over the last 12 months at an average price of HK$2.35. 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!
Tongdao Liepin Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does Tongdao Liepin Group Boast High Insider Ownership?
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. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Tongdao Liepin Group insiders own 27% of the company, worth about HK$356m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About Tongdao Liepin Group Insiders?
It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Tongdao Liepin Group insiders are well aligned, and quite possibly think the share price is too low. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tongdao Liepin Group. While conducting our analysis, we found that Tongdao Liepin Group has 1 warning sign and it would be unwise to ignore it.
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.
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