Investors who are interested in Sheng Ye Capital Limited (HKG: 6069) should certainly be noted that the chairman, Chi Fung Tung, recently paid HK $ 6.45 per share to buy HK $ 1.6 million per share. However, it only increased participation by a small percentage, and it wasn’t a huge buy in absolute value either.
Check out our latest analysis for Sheng Ye Capital
The Last 12 Months of Insider Trading at Sheng Ye Capital
Notably, this recent purchase by President Chi Fung Tung was not the only time they bought Sheng Ye Capital shares this year. Earlier in the year, they paid HK $ 5.93 per share in a HK $ 3.0 million purchase. This means that an insider was happy to buy shares at around HK $ 6.45. This means that they have been optimistic about the company in the past, even though they may have changed their mind. We always like to see insider buys, but it’s worth noting if those buys were made at a price much lower than the current share price, as the haircut to value may have narrowed with the upside. price. Fortunately, Sheng Ye Capital insiders decided to buy shares at prices close to current prices.
In the past twelve months, Sheng Ye Capital insiders were buying shares, but not selling them. You can see insider trading (by companies and individuals) over the past year illustrated in the table below. If you want to know exactly who sold, for how much and when, just click on the graph below!
There are always a lot of stocks that insiders buy. So if it suits your style, you can check each stock one by one or you can take a look at this free list of companies. (Hint: insiders bought them).
Insider Owned by Sheng Ye Capital
Examining the total insider stakes in a company can help you determine if they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will have an incentive to build the business for the long term. It’s great to see Sheng Ye Capital insiders own 59% of the company, worth around HK $ 3.6 billion. This type of meaningful insider ownership generally increases the chances that the company will be run in the best interests of all shareholders.
So what do Sheng Ye Capital’s insider trading indicate?
The recent insider buying is encouraging. And longer-term insider trading gives us confidence as well. Once you factor in the high level of insider ownership, it sure looks like insiders are positive about Sheng Ye Capital. This is what I love to see! In addition to knowing the current insider transactions, it is useful to identify the risks that Sheng Ye Capital faces. To help you, we have discovered 2 warning signs that you should take a look to get a better picture of Sheng Ye Capital.
If you would rather consult with another company – one with potentially superior finances – then don’t miss this free list of interesting companies, which have a high return on equity and low leverage.
For the purposes of this article, insiders are the people who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.
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