The President & Senior Executive Director of R Systems International Limited (NSE:RSYSTEMS), Baldev Singh, Just Sold 29% Of Their Holding

We note that the R Systems International Limited (NSE:RSYSTEMS) President & Senior Executive Director, Baldev Singh, recently sold ₹1.5m worth of stock for ₹110 per share. It might not be a huge sale, but it did reduce their holding size 29%, hardly encouraging.

Check out our latest analysis for R Systems International

R Systems International Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Chief Operating Officer of R Systems USA Operations, Mandeep Sodhi, sold ₹4.4m worth of shares at a price of ₹96.79 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of ₹104. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 7.7% of Mandeep Sodhi's holding.

In the last year R Systems International insiders didn't buy any company stock. You can see the insider transactions (by companies and 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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. R Systems International insiders own about ₹11b worth of shares (which is 84% 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 Does This Data Suggest About R Systems International Insiders?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that R Systems International has 3 warning signs (1 is a bit unpleasant!) that deserve your attention before going any further with your analysis.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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