Have Insiders Sold Tarmat Limited (NSE:TARMAT) Shares Recently?

We note that a Tarmat Limited (NSE:TARMAT) insider, Jerry Varghese, recently sold ₹395k worth of stock for ₹39.47 per share. However we note that the sale only shrunk their holding by 0.3%.

View our latest analysis for Tarmat

Tarmat Insider Transactions Over The Last Year

Notably, that recent sale by Jerry Varghese is the biggest insider sale of Tarmat shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of ₹36.70. 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 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!

I will like Tarmat better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Does Tarmat Boast High Insider Ownership?

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. Tarmat insiders own about ₹313m worth of shares (which is 64% 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 Do The Tarmat Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. But since Tarmat is profitable and growing, we're not too worried by this. 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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tarmat. To that end, you should learn about the 5 warning signs we've spotted with Tarmat (including 2 which are concerning).

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

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