Have Vikas Multicorp Limited (NSE:VIKASMCORP) Insiders Been Selling Their Stock?

We'd be surprised if Vikas Multicorp Limited (NSE:VIKASMCORP) shareholders haven't noticed that an insider, Nand Garg, recently sold ₹28m worth of stock at ₹8.55 per share. On the bright side, that sale was only 5.0% of their holding, so we doubt it's very meaningful, on its own.

Check out our latest analysis for Vikas Multicorp

Vikas Multicorp Insider Transactions Over The Last Year

Notably, that recent sale by Nand Garg is the biggest insider sale of Vikas Multicorp shares that we've seen in the last year. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (₹7.05). So it may not shed much light on insider confidence at current levels.

Vikas Multicorp insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Vikas Multicorp

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Vikas Multicorp insiders own 60% of the company, currently worth about ₹2.8b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Vikas Multicorp Tell Us?

Insiders sold Vikas Multicorp shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. 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 these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, Vikas Multicorp has 4 warning signs (and 1 which is a bit concerning) we think you should know about.

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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