Have Ximei Resources Holding Insiders Been Selling Stock?

We wouldn't blame Ximei Resources Holding Limited (HKG:9936) shareholders if they were a little worried about the fact that Lijue Wu, the Founder recently netted about HK$549m selling shares at an average price of HK$16.10. That sale reduced their total holding by 17% which is hardly insignificant, but far from the worst we've seen.

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Ximei Resources Holding Insider Transactions Over The Last Year

Notably, that recent sale by Lijue Wu is the biggest insider sale of Ximei Resources Holding 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$14.85. 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.

You can see the insider transactions (by companies and 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!

Check out our latest analysis for Ximei Resources Holding

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Insider Ownership Of Ximei Resources Holding

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Ximei Resources Holding insiders own about HK$3.0b worth of shares (which is 54% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Ximei Resources Holding Insiders?

Insider sales and purchases have netted out over the last three months, so it's hard to draw any conclusion from recent trading. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Ximei Resources Holding insider transactions don't fill us with confidence. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Ximei Resources Holding has 2 warning signs we think you should be aware of.

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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.