Trade Alert: The MD & Director Of Ador Welding Limited (NSE:ADORWELD), Aditya Malkani, Has Just Spent ₹3.4m Buying 13% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Ador Welding Limited (NSE:ADORWELD) MD & Director, Aditya Malkani, recently bought ₹3.4m worth of stock, for ₹261 per share. That purchase might not be huge but it did increase their holding by 13%.

Check out our latest analysis for Ador Welding

The Last 12 Months Of Insider Transactions At Ador Welding

Notably, that recent purchase by Aditya Malkani is the biggest insider purchase of Ador Welding shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of ₹262. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Ador Welding share holders is that insiders were buying at near the current price.

While Ador Welding insiders bought shares during the last year, they didn't sell. 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!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of Ador Welding

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 7.4% of Ador Welding shares, worth about ₹262m, according to our data. But they may have an indirect interest through a corporate structure that we haven't picked up on. Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At Ador Welding Tell Us?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Ador Welding. One for the watchlist, at least! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Ador Welding. Every company has risks, and we've spotted 3 warning signs for Ador Welding you should know about.

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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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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