Da Sen Holdings Group Limited (HKG:1580) insiders who acquired shares over the previous 12 months, can probably afford to ignore the recent 23% decline in the stock price. Even after accounting for the recent loss, the CN¥20.0m worth of stock purchased by them is now worth CN¥26.3m or in other words, their investment continues to give good returns.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for Da Sen Holdings Group
The Last 12 Months Of Insider Transactions At Da Sen Holdings Group
The insider Tseng Hon Wong made the biggest insider purchase in the last 12 months. That single transaction was for HK$20m worth of shares at a price of HK$0.08 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of HK$0.10. 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.
Tseng Hon Wong bought a total of 250.08m shares over the year at an average price of HK$0.08. 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!
Da Sen Holdings 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.
Insider Ownership Of Da Sen Holdings Group
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Da Sen Holdings Group insiders own 73% of the company, currently worth about HK$84m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Do The Da Sen Holdings Group Insider Transactions Indicate?
There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. With high insider ownership and encouraging transactions, it seems like Da Sen Holdings Group insiders think the business has merit. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Da Sen Holdings Group. Case in point: We've spotted 6 warning signs for Da Sen Holdings Group you should be aware of, and 3 of these are a bit unpleasant.
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.