Vice Chairman Bin Wu Just Sold A Bunch Of Shares In China Dredging Environment Protection Holdings Limited (HKG:871)

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We note that the China Dredging Environment Protection Holdings Limited (HKG:871) Vice Chairman, Bin Wu, recently sold CN¥484k worth of stock for CN¥0.067 per share. That might not be a huge sum but it was 100% of their personal holding, so we find it a little discouraging.

View our latest analysis for China Dredging Environment Protection Holdings

The Last 12 Months Of Insider Transactions At China Dredging Environment Protection Holdings

In the last twelve months, the biggest single purchase by an insider was when insider Baolong Zhu bought HK$35m worth of shares at a price of HK$0.12 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being HK$0.073). 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. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. The only individual insider to buy over the last year was Baolong Zhu.

You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

SEHK:871 Recent Insider Trading, October 21st 2019
SEHK:871 Recent Insider Trading, October 21st 2019

China Dredging Environment Protection Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

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. China Dredging Environment Protection Holdings insiders own about HK$50m worth of shares. That equates to 38% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At China Dredging Environment Protection Holdings Tell Us?

An insider sold China Dredging Environment Protection Holdings shares recently, but they didn't buy any. On the other hand, the insider transactions over the last year are encouraging. It's good to see insiders are shareholders. So we're not overly bothered by recent selling. Along with insider transactions, I recommend checking if China Dredging Environment Protection Holdings is growing revenue. This free chart of historic revenue and earnings should make that easy.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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