China Maple Leaf Educational Systems Limited (HKG:1317) shareholders (or potential shareholders) will be happy to see that the Founder, Shu Liang Jen, recently bought a whopping HK$5.3m worth of stock, at a price of HK$2.85. While that only increased their holding size by 0.1%, it is still a big swing by our standards.
China Maple Leaf Educational Systems Insider Transactions Over The Last Year
Notably, that recent purchase by Founder Shu Liang Jen was not the only time they bought China Maple Leaf Educational Systems shares this year. They previously made an even bigger purchase of HK$15m worth of shares at a price of HK$3.19 per share. That means that an insider was happy to buy shares at above the current price of HK$2.86. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. Notably Shu Liang Jen was also the biggest seller.
In the last twelve months insiders purchased 32.09m shares for HK$98m. But insiders sold 593000 shares worth HK$1.6m. Overall, China Maple Leaf Educational Systems insiders were net buyers last year. You can see the insider transactions (by individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
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 China Maple Leaf Educational Systems Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that China Maple Leaf Educational Systems insiders own 52% of the company, worth about HK$4.5b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Do The China Maple Leaf Educational Systems Insider Transactions Indicate?
It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about China Maple Leaf Educational Systems. That's what I like to see! Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for China Maple Leaf Educational Systems.
Of course China Maple Leaf Educational Systems 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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