Insider Buyers At Anup Engineering Sitting On ₹20m Profit

Insiders who bought The Anup Engineering Limited (NSE:ANUP) in the last 12 months may probably not pay attention to the stock's recent 11% drop. After accounting for the recent loss, the ₹68.0m worth of shares they purchased is now worth ₹87.5m, suggesting a good return on their investment.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

We check all companies for important risks. See what we found for Anup Engineering in our free report.

Anup Engineering Insider Transactions Over The Last Year

The Additional Independent Director Gokul Jaykrishna made the biggest insider purchase in the last 12 months. That single transaction was for ₹22m worth of shares at a price of ₹2,184 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of ₹2,935. 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.

While Anup Engineering 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Anup Engineering is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 7.5% of Anup Engineering shares, worth about ₹4.4b. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Anup Engineering Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Anup Engineering shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Judging from their transactions, and high insider ownership, Anup Engineering insiders feel good about the company's future. Of course, the future is what matters most. So if you are interested in Anup Engineering, you should check out this free report on analyst forecasts for the company.

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 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.