19 hours ago
Zixin Group Holdings Insider Ups Holding By 15% During Year
Viewing insider transactions for Zixin Group Holdings Limited's (Catalist:42W ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
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In the last twelve months, the biggest single purchase by an insider was when insider Thomas Khoo bought S$484k worth of shares at a price of S$0.029 per share. We do like to see buying, but this purchase was made at well below the current price of S$0.033. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
Thomas Khoo purchased 67.07m shares over the year. The average price per share was S$0.028. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
View our latest analysis for Zixin Group Holdings
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Zixin Group Holdings insiders own about S$21m worth of shares (which is 41% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Zixin Group Holdings. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Zixin Group Holdings. Case in point: We've spotted 1 warning sign for Zixin Group Holdings you should be aware of.
But note: Zixin Group Holdings 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
