Have Metasurface Technologies Holdings Insiders Been Selling Stock?

We'd be surprised if Metasurface Technologies Holdings Limited (HKG:8637) shareholders haven't noticed that the Non Executive Director, Chong Kim Thng, recently sold HK$3.2m worth of stock at HK$1.64 per share. That sale was 17% of their holding, so it does make us raise an eyebrow.

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Metasurface Technologies Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Chong Kim Thng is the biggest insider sale of Metasurface Technologies Holdings shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of HK$1.52. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

You can see a visual depiction of insider transactions (by companies and 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!

Check out our latest analysis for Metasurface Technologies Holdings

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Does Metasurface Technologies Holdings Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Metasurface Technologies Holdings insiders own about HK$151m worth of shares (which is 66% of the company). 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 Metasurface Technologies Holdings Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And our longer term analysis of insider transactions didn't bring confidence, either. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 3 warning signs for Metasurface Technologies Holdings that deserve your attention before buying any shares.

But note: Metasurface Technologies Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.