Insider Buying: The Rane Holdings Limited (NSE:RANEHOLDIN) Chairman Emeritus Just Bought ₹2.0m Worth Of Shares

Whilst it may not be a huge deal, we thought it was good to see that the Rane Holdings Limited (NSE:RANEHOLDIN) Chairman Emeritus, Lakshman Lakshminarayan, recently bought ₹2.0m worth of stock, for ₹678 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

View our latest analysis for Rane Holdings

The Last 12 Months Of Insider Transactions At Rane Holdings

Notably, that recent purchase by Lakshman Lakshminarayan is the biggest insider purchase of Rane Holdings shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being ₹611). It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Lakshman Lakshminarayan was the only individual insider to buy shares in the last twelve months.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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

Insider Ownership of Rane Holdings

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Rane Holdings insiders own about ₹4.1b worth of shares (which is 46% 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 Do The Rane Holdings Insider Transactions Indicate?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Rane Holdings. Nice! 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. For instance, we've identified 3 warning signs for Rane Holdings (1 is a bit unpleasant) you should be aware of.

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.

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