Some China Boqi Environmental (Holding) Co., Ltd. (HKG:2377) shareholders may be a little concerned to see that the Non-Executive Director, Liquan Cheng, recently sold a substantial HK$100m worth of stock at a price of HK$1.20 per share. That's a big disposal, and it decreased their holding size by 50%, which is notable but not too bad.
View our latest analysis for China Boqi Environmental (Holding)
China Boqi Environmental (Holding) Insider Transactions Over The Last Year
In fact, the recent sale by Liquan Cheng was the biggest sale of China Boqi Environmental (Holding) shares made by an insider individual in the last twelve months, according to our records. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (HK$0.75). So it may not shed much light on insider confidence at current levels.
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!
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Does China Boqi Environmental (Holding) Boast High 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. I reckon it's a good sign if insiders own a significant number of shares in the company. China Boqi Environmental (Holding) insiders own 57% of the company, currently worth about HK$433m 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 China Boqi Environmental (Holding) Insider Transactions Indicate?
An insider hasn't bought China Boqi Environmental (Holding) stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing China Boqi Environmental (Holding). Every company has risks, and we've spotted 2 warning signs for China Boqi Environmental (Holding) you should know about.
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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