Insiders who bought CircuTech International Holdings Limited (HKG:8051) stock lover the last 12 months are probably not as affected by last week’s 14% loss. Even after accounting for the recent loss, the HK$7.81m worth of stock purchased by them is now worth HK$11.2m 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.
See our latest analysis for CircuTech International Holdings
CircuTech International Holdings Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when insider Weiru Lin bought HK$7.8m worth of shares at a price of HK$3.00 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of HK$4.30. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
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!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
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. Insiders own 10% of CircuTech International Holdings shares, worth about HK$12m, according to our data. We do generally prefer see higher levels of insider ownership.
So What Does This Data Suggest About CircuTech International Holdings Insiders?
It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of CircuTech International Holdings we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing CircuTech International Holdings. For example, CircuTech International Holdings has 5 warning signs (and 1 which is significant) we think you should know about.
But note: CircuTech International Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.