This Insider Has Just Sold Shares In MT Educare Limited (NSE:MTEDUCARE)

Investors may wish to note that an insider of MT Educare Limited, Mahesh Shetty, recently netted ₹369k from selling stock, receiving an average price of ₹9.60. On the bright side, that's just a small sale and only reduced their holding by 0.3%.

Check out our latest analysis for MT Educare

MT Educare Insider Transactions Over The Last Year

Notably, that recent sale by insider Mahesh Shetty was not the only time they sold MT Educare shares this year. They previously made an even bigger sale of -₹47m worth of shares at a price of ₹14.50 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of ₹9.10. So it may not tell us anything about how insiders feel about the current share price.

Mahesh Shetty ditched 5.01m shares over the year. The average price per share was ₹14.09. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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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. Insiders own 19% of MT Educare shares, worth about ₹124m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At MT Educare Tell Us?

An insider sold stock recently, but they haven't been buying. 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. Be aware that MT Educare is showing 4 warning signs in our investment analysis, and 2 of those make us uncomfortable...

Of course MT Educare 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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