Have Bandhan Bank Limited (NSE:BANDHANBNK) Insiders Been Selling Their Stock?

Investors may wish to note that an insider of Bandhan Bank Limited, Suresh Iyer, recently netted ₹6.4m from selling stock, receiving an average price of ₹358. On the bright side, that's just a small sale and only reduced their holding by 6.8%.

See our latest analysis for Bandhan Bank

Bandhan Bank Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Dharmesh Bhavsar, for ₹9.2m worth of shares, at about ₹402 per share. That means that an insider was selling shares at around the current price of ₹349. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Insiders in Bandhan Bank didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does Bandhan Bank Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Bandhan Bank insiders own 0.2% of the company, worth about ₹941m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Bandhan Bank Insiders?

Insiders haven't bought Bandhan Bank stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. Every company has risks, and we've spotted 1 warning sign for Bandhan Bank you should know about.

Of course Bandhan Bank 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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This article by Simply Wall St is general in nature. 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.
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