Don't Ignore The Fact That This Insider Just Sold Some Shares In CyberTech Systems and Software Limited (NSE:CYBERTECH)

Investors may wish to note that the Executive Director of CyberTech Systems and Software Limited, Ramasubramanian Sankaran, recently netted ₹1.4m from selling stock, receiving an average price of ₹56.72. It wasn't a huge sale, but it did reduce their holding by 17%. This does not instill confidence.

See our latest analysis for CyberTech Systems and Software

CyberTech Systems and Software Insider Transactions Over The Last Year

In fact, the recent sale by Ramasubramanian Sankaran was the biggest sale of CyberTech Systems and Software shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at around the current price of ₹54.60. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does CyberTech Systems and Software Boast High 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's great to see that CyberTech Systems and Software insiders own 51% of the company, worth about ₹773m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At CyberTech Systems and Software Tell Us?

An insider hasn't bought CyberTech Systems and Software stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. On the plus side, CyberTech Systems and Software makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing CyberTech Systems and Software. You'd be interested to know, that we found 4 warning signs for CyberTech Systems and Software and we suggest you have a look.

Of course CyberTech Systems and Software may not be the best stock to buy. So you may wish to see this free collection of high quality 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.

If you decide to trade CyberTech Systems and Software, use the lowest-cost* platform that is rated #1 Overall by Barron’s, Interactive Brokers. Trade stocks, options, futures, forex, bonds and funds on 135 markets, all from a single integrated account. Promoted

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. 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.
^*Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.