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華爾街日報CIFI Holdings (Group) Insider Lowered Holding By 19% During Last Year
From what we can see, insiders were net sellers in CIFI Holdings (Group) Co. Ltd.'s (HKG:884 ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
CIFI Holdings (Group) Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the insider, Feng Lin, sold HK$11m worth of shares at a price of HK$0.22 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of HK$0.17. So it is hard to draw any strong conclusion from it. The only individual insider seller over the last year was Feng Lin.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for CIFI Holdings (Group)
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
CIFI Holdings (Group) Insiders Are Selling The Stock
Over the last three months, we've seen significant insider selling at CIFI Holdings (Group). Specifically, insider Feng Lin ditched HK$11m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
Does CIFI Holdings (Group) Boast High Insider Ownership?
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. CIFI Holdings (Group) insiders own about HK$157m worth of shares. That equates to 7.1% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At CIFI Holdings (Group) Tell Us?
An insider sold CIFI Holdings (Group) shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. 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 CIFI Holdings (Group). To that end, you should learn about the 3 warning signs we've spotted with CIFI Holdings (Group) (including 1 which is significant).
But note: CIFI Holdings (Group) 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.