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

Some Vikas Multicorp Limited (NSE:VIKASMCORP) shareholders may be a little concerned to see that insider Seema Garg recently sold a substantial ₹44m worth of stock at a price of ₹7.58 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 8.7%.

View our latest analysis for Vikas Multicorp

Vikas Multicorp Insider Transactions Over The Last Year

Notably, that recent sale by Seema Garg is the biggest insider sale of Vikas Multicorp shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of ₹7.35. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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.

Insiders in Vikas Multicorp didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Vikas Multicorp insiders own 57% 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 haven't bought Vikas Multicorp stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. 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 Vikas Multicorp. When we did our research, we found 4 warning signs for Vikas Multicorp (1 is a bit unpleasant!) that we believe deserve your full attention.

Of course Vikas Multicorp 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.

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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.
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