One Data Patterns (India) Insider Raised Their Stake In The Previous Year

Viewing insider transactions for Data Patterns (India) Limited's (NSE:DATAPATTNS ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Data Patterns (India)

The Last 12 Months Of Insider Transactions At Data Patterns (India)

Over the last year, we can see that the biggest insider purchase was by Non-Executive & Non-Independent Director Mathew Cyriac for ₹1.3b worth of shares, at about ₹1,837 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being ₹1,719). It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Mathew Cyriac was the only individual insider to buy shares in the last twelve months.

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!

Data Patterns (India) 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 Of Data Patterns (India)

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. Data Patterns (India) insiders own about ₹52b worth of shares (which is 54% 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.

What Might The Insider Transactions At Data Patterns (India) Tell Us?

The fact that there have been no Data Patterns (India) insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. With high insider ownership and encouraging transactions, it seems like Data Patterns (India) insiders think the business has merit. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Data Patterns (India). You'd be interested to know, that we found 1 warning sign for Data Patterns (India) and we suggest you have a look.

But note: Data Patterns (India) may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.