Allied Sustainability and Environmental Consultants Group Limited (HKG:8320) insiders are still down HK$22k after purchasing last year, recent gain helped regain some losses

Some of the losses seen by insiders who purchased HK$82k worth of Allied Sustainability and Environmental Consultants Group Limited (HKG:8320) shares over the past year were recovered after the stock increased by 13% over the past week. The purchase, however, has proven to be a pricey bet, with losses currently totalling HK$22k.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Allied Sustainability and Environmental Consultants Group
The Last 12 Months Of Insider Transactions At Allied Sustainability and Environmental Consultants Group
There wasn’t any very large single transaction over the last year, but we can still observe some trading.
Pak kit Wu purchased 600.00k shares over the year. The average price per share was HK$0.14. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Allied Sustainability and Environmental Consultants Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does Allied Sustainability and Environmental Consultants Group Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it’s a good sign if insiders own a significant number of shares in the company. From our data, it seems that Allied Sustainability and Environmental Consultants Group insiders own 9.0% of the company, worth about HK$6.1m. However, it’s possible that insiders might have an indirect interest through a more complex structure. We do generally prefer see higher levels of insider ownership.
So What Does This Data Suggest About Allied Sustainability and Environmental Consultants Group Insiders?
It doesn’t really mean much that no insider has traded Allied Sustainability and Environmental Consultants Group shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. While we have no worries about the insider transactions, we’d be more comfortable if they owned more Allied Sustainability and Environmental Consultants Group stock. While we like knowing 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. At Simply Wall St, we’ve found that Allied Sustainability and Environmental Consultants Group has 2 warning signs (1 is a bit concerning!) that deserve your attention before going any further with your analysis.
If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.
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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.