Did China Minsheng Financial Holding Corporation Limited (HKG:245) Insiders Buy Up More Shares?

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Investors may wish to note that an insider of China Minsheng Financial Holding Corporation Limited, , recently netted from selling stock, receiving an average price of . On the bright side, that's just a small sale and only reduced their holding by .

See our latest analysis for China Minsheng Financial Holding

The Last 12 Months Of Insider Transactions At China Minsheng Financial Holding

Over the last year, we can see that the biggest insider purchase was by insider Xueyi Liu for HK$368m worth of shares, at about HK$0.08 per share. That means that an insider was happy to buy shares at around the current price of HK$0.098. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider bought shares at close to current prices. Xueyi Liu was the only individual insider to buy shares in the last twelve months.

You can see the insider transactions (by 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!

SEHK:245 Recent Insider Trading, February 22nd 2020

China Minsheng Financial Holding is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does China Minsheng Financial 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. We usually like to see fairly high levels of insider ownership. It appears that China Minsheng Financial Holding insiders own 15% of the company, worth about HK$516m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About China Minsheng Financial Holding Insiders?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about China Minsheng Financial Holding. That's what I like to see! I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

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