In the last year, multiple insiders have substantially increased their holdings of First Shanghai Investments Limited (HKG:227) stock, indicating that insiders’ optimism about the company’s prospects has increased.
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.
See our latest analysis for First Shanghai Investments
The Last 12 Months Of Insider Transactions At First Shanghai Investments
In the last twelve months, the biggest single purchase by an insider was when Chairman Yuen Yat Lo bought HK$8.8m worth of shares at a price of HK$0.11 per share. That implies that an insider found the current price of HK$0.11 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company’s future. …
