Stock Analysis

Have GRP Limited (NSE:GRPLTD) Insiders Been Selling Their Stock?

  •  Updated
Source: Shutterstock

Investors may wish to note that an insider of GRP Limited, Jagdish Desai, recently netted ₹484k from selling stock, receiving an average price of ₹1,934. On the bright side, that's just a small sale and only reduced their holding by 4.2%.

Check out our latest analysis for GRP

GRP Insider Transactions Over The Last Year

The MD & Executive Chairman Rajendra Gandhi made the biggest insider purchase in the last 12 months. That single transaction was for ₹20m worth of shares at a price of ₹1,063 each. Even though the purchase was made at a significantly lower price than the recent price (₹1,972), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

In the last twelve months insiders purchased 46.56k shares for ₹50m. But they sold 5.88k shares for ₹8.9m. In total, GRP insiders bought more than they sold over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

NSEI:GRPLTD Insider Trading Volume December 5th 2022

GRP is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does GRP 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. GRP insiders own 60% of the company, currently worth about ₹1.6b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About GRP Insiders?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about GRP. Looks promising! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. When we did our research, we found 4 warning signs for GRP (1 is potentially serious!) that we believe deserve your full attention.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

Valuation is complex, but we're helping make it simple.

Find out whether GRP is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis