MD & Executive Director C. Sathyan Just Bought 4.1% More Shares In Hatsun Agro Product Limited (NSE:HATSUN)

Those following along with Hatsun Agro Product Limited (NSE:HATSUN) will no doubt be intrigued by the recent purchase of shares by C. Sathyan, MD & Executive Director of the company, who spent a stonking ₹516m on stock at an average price of ₹825. While that only increased their holding size by 4.1%, it is still a big swing by our standards.

View our latest analysis for Hatsun Agro Product

The Last 12 Months Of Insider Transactions At Hatsun Agro Product

In fact, the recent purchase by C. Sathyan was the biggest purchase of Hatsun Agro Product shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is ₹828. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Hatsun Agro Product share holders is that insiders were buying at near the current price.

Over the last year, we can see that insiders have bought 646.50k shares worth ₹533m. On the other hand they divested 116.00k shares, for ₹79m. In total, Hatsun Agro Product insiders bought more than they sold over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Hatsun Agro Product

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Hatsun Agro Product insiders own 78% of the company, worth about ₹104b. 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 Hatsun Agro Product Tell Us?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Hatsun Agro Product insiders are well aligned, and quite possibly think the share price is too low. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Hatsun Agro Product. You'd be interested to know, that we found 1 warning sign for Hatsun Agro Product and we suggest you have a look.

Of course Hatsun Agro Product 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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