Some Legend Strategy International Holdings Group Company Limited (HKG:1355) shareholders may be a little concerned to see that the Non-Executive Chairman, Fuer Yuan, recently sold a substantial HK$4.0m worth of stock at a price of HK$0.25 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 5.0%.
The Last 12 Months Of Insider Transactions At Legend Strategy International Holdings Group
In fact, the recent sale by Fuer Yuan was the biggest sale of Legend Strategy International Holdings Group shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even below the current price of HK$0.34. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 5.0%of Fuer Yuan's holding.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Does Legend Strategy International Holdings Group Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Legend Strategy International Holdings Group insiders own 72% of the company, currently worth about HK$108m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Legend Strategy International Holdings Group Insiders?
An insider hasn't bought Legend Strategy International Holdings Group stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While we like knowing 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. For example, Legend Strategy International Holdings Group has 5 warning signs (and 3 which don't sit too well with us) we think you should know about.
Of course Legend Strategy International Holdings 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.