We wouldn't blame International Standard Resources Holdings Limited (HKG:91) shareholders if they were a little worried about the fact that Weng Kei Che, a company insider, recently netted about HK$20m selling shares at an average price of HK$0.10. Probably the most concerning element of the whole transaction is that the dump amounted to 100% of their entire holding.
See our latest analysis for International Standard Resources Holdings
International Standard Resources Holdings Insider Transactions Over The Last Year
Notably, that recent sale by Weng Kei Che is the biggest insider sale of International Standard Resources Holdings shares that we've seen in the last year. That means that even when the share price was below the current price of HK$0.17, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was 100% of Weng Kei Che's holding.
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!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Insider Ownership of International Standard Resources Holdings
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that International Standard Resources Holdings insiders own 8.0% of the company, worth about HK$9.5m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Does This Data Suggest About International Standard Resources Holdings Insiders?
An insider sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we're not rushing to buy, to say the least. To put this in context, take a look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.