Insider with information worth S$61.2 million Optima Automobile Group Holdings Limited (HKG:8418) The average price over the past 12 months was S$0.91, but the recent 25% price drop may be disappointing. This is bad because insiders are investing with the expectation that their money will increase in value over time. However, as a result of recent losses, the original investment is now worth just S$28.8 million.
Although insider trading is not the most important thing in long-term investing, we think it would be foolish to ignore it completely.
Check out our latest analysis for Optima Automobile Group Holdings.
Insider transactions in Optima Automobile Group Holdings over the past year
Board Chairman Wu An Hu has made the biggest insider purchase in the past 12 months. In this one transaction, he bought and sold HK$44 million worth of shares at a price of HK$0.90 per share. So it’s clear that insiders were willing to buy, even at a higher price than the current share price (HK$0.43). Their views may have changed since then, but at least it shows they were optimistic back then. We always pay attention to the prices insiders pay when buying stocks. Generally, if you paid more than the current price, it’s more reassuring because it suggests you saw value even at a higher level.
We can see that insiders bought 66.98 million shares worth HK$61.0m in the last year. However, they sold 12.85 million shares for HK$5.8 million. Overall, Optima Automobile Group Holdings Inc. insiders have been net buyers over the last year. You can see a visual representation of the 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, click on the chart below.
There are always plenty of stocks that insiders are buying. Check out each stock one by one or take a look at this if that suits your style. free List of companies. (Hint: Insiders are buying them).
Optima Automobile Group Holdings insiders recently sold shares.
Over the past three months, Optima Automobile Group Holdings has seen significant insider selling. Insider Soo Hoon Chong sold a total of HK$5.8m worth of shares in that time, but we didn’t record any purchases. With this in mind, it’s hard to say that all insiders think the stock is a bargain.
Insider ownership
If you are a common shareholder, it may be worth checking how many shares are held by company insiders. We think it’s a good sign if insiders own a significant number of shares in the company. Optima Automobile Group Holdings insiders own around HK$88m worth of shares. This represents 19% of the company. Certainly, we’ve seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and other shareholders.
So what do Optima Automobile Group Holdings’ insider transactions tell us?
Insiders have sold shares recently, but they haven’t bought them. However, we value our previous transactions. It’s good to see insiders owning the company. So I’m not too worried about the recent sale. So while these insider transactions can help us form a theory about the stock, it’s also worth knowing what risks this company faces. for that purpose, 4 warning signs We’ve discovered Optima Automobile Group Holdings (including 1 important one).
of course, You may find a great investment if you look elsewhere. So take a look at this free List of interesting companies.
For the purposes of this article, insiders are individuals who report their transactions to the relevant regulatory body. The Company currently only accounts for open market transactions and private dispositions of direct profits, and does not account for derivative transactions or indirect profits.
Valuation is complex, but we help make it simple.
Check out our comprehensive analysis to see if Optima Automobile Group Holdings, Inc. is potentially overvalued or undervalued. Fair value estimates, risks and caveats, dividends, insider trading, and financial health.
See free analysis
Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our editorial team at Simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.