Have Insiders Sold Quick Heal Technologies Limited (NSE:QUICKHEAL) Shares Recently?
Investors may wish to note that an insider of Quick Heal Technologies Limited, Mayank Dikshit, recently netted ₹1.3m from selling stock, receiving an average price of ₹116. While that isn't a lot of money, it was a substantial 100% of their holding, so certainly isn't a good sign.
View our latest analysis for Quick Heal Technologies
Quick Heal Technologies Insider Transactions Over The Last Year
In fact, the recent sale by Mayank Dikshit was the biggest sale of Quick Heal Technologies shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of ₹114. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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 individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership of Quick Heal Technologies
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Quick Heal Technologies insiders own 74% of the company, worth about ₹5.4b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Quick Heal Technologies Tell Us?
An insider hasn't bought Quick Heal Technologies stock in the last three months, but there was some selling. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. 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. While conducting our analysis, we found that Quick Heal Technologies has 4 warning signs and it would be unwise to ignore them.
But note: Quick Heal Technologies 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, but not derivative transactions.
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About NSEI:QUICKHEAL
Quick Heal Technologies
Engages in the provision of security software products and solutions to consumers, small businesses, government establishments, and corporate houses in India and internationally.
Flawless balance sheet moderate.