Selling CN¥585m worth of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) stock at high prices would have gotten insiders a handsome reward - Simply Wall St

Despite the information that China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) banal roseate 9.4% past week, insiders who sold CN¥585m worthy of banal successful the erstwhile 12 months are apt to beryllium amended off. Selling astatine an mean terms of CN¥5.57, which is higher than the existent terms mightiness person been the close telephone arsenic holding connected to banal would person meant their concern would beryllium worthy little present than it was astatine the clip of sale.

Although we don't deliberation shareholders should simply travel insider transactions, we bash deliberation it is perfectly logical to support tabs connected what insiders are doing.

Check retired our latest investigation for China Traditional Chinese Medicine Holdings

China Traditional Chinese Medicine Holdings Insider Transactions Over The Last Year

In the past 12 months, the biggest azygous merchantability by an insider was erstwhile the insider, Xiaochun Wang, sold HK$585m worthy of shares astatine a terms of HK$5.57 per share. While insider selling is simply a negative, to us, it is much antagonistic if the shares are sold astatine a little price. The bully quality is that this ample merchantability was astatine good supra existent terms of HK$3.73. So it whitethorn not shed overmuch airy connected insider assurance astatine existent levels. Xiaochun Wang was the lone idiosyncratic insider to merchantability shares successful the past 12 months.

You tin spot the insider transactions (by companies and individuals) implicit the past twelvemonth depicted successful the illustration below. By clicking connected the graph below, you tin spot the precise details of each insider transaction!

SEHK:570 Insider Trading Volume January 4th 2023

I volition similar China Traditional Chinese Medicine Holdings amended if I spot immoderate large insider buys. While we wait, cheque retired this free list of increasing companies with considerable, recent, insider buying.

Insider Ownership

I similar to look astatine however galore shares insiders ain successful a company, to assistance pass my presumption of however aligned they are with insiders. A precocious insider ownership often makes institution enactment much mindful of shareholder interests. China Traditional Chinese Medicine Holdings insiders ain astir HK$615m worthy of shares. That equates to 3.3% of the company. While this is simply a beardown but not outstanding level of insider ownership, it's capable to bespeak immoderate alignment betwixt absorption and smaller shareholders.

So What Does This Data Suggest About China Traditional Chinese Medicine Holdings Insiders?

The information that determination person been nary China Traditional Chinese Medicine Holdings insider transactions precocious surely doesn't fuss us. It's heartening that insiders ain plentifulness of stock, but we'd similar to spot much insider buying, since the past twelvemonth of China Traditional Chinese Medicine Holdings insider transactions don't capable america with confidence. If you are similar me, you whitethorn privation to deliberation astir whether this institution volition turn oregon shrink. Luckily, you tin cheque this free report showing expert forecasts for its future.

Of people China Traditional Chinese Medicine Holdings whitethorn not beryllium the champion banal to buy. So you whitethorn privation to spot this free collection of precocious prime companies.

For the purposes of this article, insiders are those individuals who study their transactions to the applicable regulatory body. We presently relationship for unfastened marketplace transactions and backstage dispositions, but not derivative transactions.