Bei Bei Song Is The Senior VP of Truly International Holdings Limited (HKG:732) And They Just Picked Up 31% More Shares

Even if it's not a huge purchase, we think it was good to see that Bei Bei Song, the Senior VP of Truly International Holdings Limited (HKG:732) recently shelled out HK$250k to buy stock, at HK$0.78 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 31%.

Check out our latest analysis for Truly International Holdings

Truly International Holdings Insider Transactions Over The Last Year

Notably, that recent purchase by Senior VP Bei Bei Song was not the only time they bought Truly International Holdings shares this year. They previously made an even bigger purchase of HK$259k worth of shares at a price of HK$1.21 per share. That means that an insider was happy to buy shares at above the current price of HK$0.73. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Bei Bei Song was the only individual insider to buy shares in the last twelve months.

Bei Bei Song bought a total of 634.00k shares over the year at an average price of HK$0.98. You can see a visual depiction of insider transactions (by 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!

SEHK:732 Recent Insider Trading May 29th 2020
SEHK:732 Recent Insider Trading May 29th 2020

Truly International Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Truly International Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Truly International Holdings insiders own about HK$1.2b worth of shares (which is 46% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Truly International Holdings Insider Transactions Indicate?

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 Truly International Holdings. That's what I like to see! While we like knowing 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. When we did our research, we found 3 warning signs for Truly International Holdings (2 can't be ignored!) that we believe deserve your full attention.

Of course Truly International Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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. Thank you for reading.

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