Insiders who bought Goldway Education Group Limited (HKG:8160) stock lover the last 12 months are probably not as affected by last week’s 10% loss. After taking the recent loss into consideration, the HK$15.7m worth of stock they bought is now worth HK$27.6m, indicating that their investment yielded a positive return.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
The Last 12 Months Of Insider Transactions At Goldway Education Group
In the last twelve months, the biggest single purchase by an insider was when insider Moon Tong Lai bought HK$16m worth of shares at a price of HK$0.27 per share. We do like to see buying, but this purchase was made at well below the current price of HK$0.47. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for Goldway Education Group
Goldway Education Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does Goldway Education Group 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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Goldway Education Group insiders own 27% of the company, worth about HK$28m. 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 Do The Goldway Education Group Insider Transactions Indicate?
The fact that there have been no Goldway Education Group insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders own shares in Goldway Education Group and we see no evidence to suggest they are worried about the future. 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. At Simply Wall St, we've found that Goldway Education Group has 4 warning signs (2 are a bit unpleasant!) that deserve your attention before going any further with your analysis.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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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