Anyone interested in C&D Property Management Group Co. Limited (HKG:2156) should probably be aware that the CEO & Executive Director, Haixia Qiao, recently divested HK$878k worth of shares in the company, at an average price of HK$3.66 each. The eyebrow raising move amounted to a reduction of 22% in their holding.
The Last 12 Months Of Insider Transactions At C&D Property Management Group
Notably, that recent sale by Haixia Qiao is the biggest insider sale of C&D Property Management Group shares that we've seen in the last year. That means that an insider was selling shares at around the current price of HK$3.56. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
In the last year C&D Property Management Group insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
I will like C&D Property Management Group better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.
Insider Ownership Of C&D Property Management Group
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Our data suggests C&D Property Management Group insiders own 0.3% of the company, worth about HK$13m. I generally like to see higher levels of ownership.
What Might The Insider Transactions At C&D Property Management Group Tell Us?
Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. But since C&D Property Management Group is profitable and growing, we're not too worried by this. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 3 warning signs for C&D Property Management Group and we suggest you have a look.
Of course C&D Property Management 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.