19% Of This Bosideng International Holdings Insider's Holdings Were Sold
Viewing insider transactions for Bosideng International Holdings Limited's (HKG:3998 ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.
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.
Bosideng International Holdings Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Senior VP & Executive Director, Jinsong Rui, sold HK$15m worth of shares at a price of HK$4.85 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (HK$4.25). So it may not tell us anything about how insiders feel about the current share price. Jinsong Rui was the only individual insider to sell over the last year.
Jinsong Rui divested 7.65m shares over the last 12 months at an average price of CN¥4.84. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Check out our latest analysis for Bosideng International Holdings
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Insiders At Bosideng International Holdings Have Sold Stock Recently
Over the last three months, we've seen significant insider selling at Bosideng International Holdings. In total, Senior VP & Executive Director Jinsong Rui sold HK$3.0m 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.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Bosideng International Holdings insiders own 0.2% of the company, worth about HK$96m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About Bosideng International Holdings Insiders?
An insider sold Bosideng International Holdings shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Bosideng International Holdings makes money, and is growing profits. Insiders own shares, but we're still pretty cautious, given the history of sales. So we'd only buy after careful consideration. While it's good to be aware of 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. While conducting our analysis, we found that Bosideng International Holdings has 2 warning signs and it would be unwise to ignore them.
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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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