Insiders Sold Tirupati Graphite At UK£0.31, Meanwhile Stock Sits Near UK£0.19

Even though Tirupati Graphite plc (LON:TGR) has fallen by 16% over the past week , insiders who sold UK£153k worth of stock over the past year have had less luck. Given that the average selling price of UK£0.31 is still lower than the current share price, insiders would probably have been better off keeping their shares.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Tirupati Graphite

Tirupati Graphite Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider Christian St. John-Dennis bought UK£120k worth of shares at a price of UK£0.30 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£0.19). It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Christian St. John-Dennis was the only individual insider to buy shares in the last twelve months. Notably Christian St. John-Dennis was also the biggest seller.

All up, insiders sold more shares in Tirupati Graphite than they bought, over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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

Does Tirupati Graphite Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 8.4% of Tirupati Graphite shares, worth about UK£1.7m, according to our data. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At Tirupati Graphite Tell Us?

The fact that there have been no Tirupati Graphite insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by Tirupati Graphite insiders. And usually insiders own more stock in the company, according to our data. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 6 warning signs (3 are potentially serious!) that you ought to be aware of before buying any shares in Tirupati Graphite.

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 of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.