Victory Securities (Holdings) Compliance Officer & Executive Director Che Leung Chiu Sells 29% Of Holding

Investors may wish to note that the Compliance Officer & Executive Director of Victory Securities (Holdings) Company Limited, Che Leung Chiu, recently netted HK$498k from selling stock, receiving an average price of HK$3.66. It might not be a huge sale, but it did reduce their holding size 29%, hardly encouraging.

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The Last 12 Months Of Insider Transactions At Victory Securities (Holdings)

In fact, the recent sale by Che Leung Chiu was the biggest sale of Victory Securities (Holdings) shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of HK$3.58. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Che Leung Chiu sold a total of 286.00k shares over the year at an average price of HK$3.54. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Victory Securities (Holdings)

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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. It appears that Victory Securities (Holdings) insiders own 20% of the company, worth about HK$151m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Victory Securities (Holdings) Tell Us?

An insider sold Victory Securities (Holdings) shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that Victory Securities (Holdings) has 4 warning signs (2 can't be ignored!) that deserve your attention before going any further with your analysis.

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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 of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.