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Whilst it may not be a huge deal, we thought it was good to see that Yan Zhang, who is a company insider, recently bought HK$541k worth of stock, for HK$1.72 per share. However, we do note that it only increased their holding by 0.6%, and it wasn't a huge purchase by absolute value, either.
See our latest analysis for Cool Link (Holdings)
Cool Link (Holdings) Insider Transactions Over The Last Year
insider Jintao Meng made the biggest insider purchase in the last 12 months. That single transaction was for HK$7.6m worth of shares at a price of HK$1.49 each. That means that an insider was happy to buy shares at around the current price of HK$1.84. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider purchases were made at close to current prices.
While Cool Link (Holdings) insiders bought shares last year, they didn't sell. 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!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does Cool Link (Holdings) Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 18% of Cool Link (Holdings) shares, worth about HK$196m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Cool Link (Holdings) Tell Us?
It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. When combined with notable insider ownership, these factors suggest Cool Link (Holdings) insiders are well aligned, and quite possibly think the share price is too low. Nice! Along with insider transactions, I recommend checking if Cool Link (Holdings) is growing revenue. This free chart of historic revenue and earnings should make that easy.