Potential S-Enjoy Service Group Co., Limited (HKG:1755) shareholders may wish to note that the Chairman, Xiaoming Qi, recently bought HK$782k worth of stock, paying HK$3.91 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 5.2%.
See our latest analysis for S-Enjoy Service Group
S-Enjoy Service Group Insider Transactions Over The Last Year
Notably, that recent purchase by Xiaoming Qi is the biggest insider purchase of S-Enjoy Service Group shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of HK$4.10. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider bought shares at close to current prices. Xiaoming Qi was the only individual insider to buy during the last year.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
S-Enjoy Service 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 S-Enjoy Service Group Boast High Insider Ownership?
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. S-Enjoy Service Group insiders own about HK$2.5b worth of shares (which is 69% of the company). 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 S-Enjoy Service Group Insider Transactions Indicate?
It's certainly positive 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 S-Enjoy Service Group. Looks promising! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 1 warning sign for S-Enjoy Service Group you should know about.
Of course S-Enjoy Service Group may not be the best stock to buy. So you may wish to see this free collection of high quality 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.