IMP Powers Limited (NSE:INDLMETER) insiders got a good deal: Sold stock currently worth ₹13.60 at ₹15.70 over the past year

By
Simply Wall St
Published
November 19, 2021
NSEI:INDLMETER
Source: Shutterstock

Despite the fact that IMP Powers Limited (NSE:INDLMETER) stock rose 14% last week, insiders who sold ₹3.1m worth of stock in the previous 12 months are likely to be better off. Selling at an average price of ₹15.70, which is higher than the current price might have been the right call as holding on to stock would have meant their investment would be worth less now than it was at the time of sale.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for IMP Powers

IMP Powers Insider Transactions Over The Last Year

There wasn't any very large single transaction over the last year, but we can still observe some trading.

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!

insider-trading-volume
NSEI:INDLMETER Insider Trading Volume November 20th 2021

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of IMP Powers

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data suggests IMP Powers insiders own 4.8% of the company, worth about ₹5.7m. However, it's possible that insiders might have an indirect interest through a more complex structure. I generally like to see higher levels of ownership.

So What Do The IMP Powers Insider Transactions Indicate?

It doesn't really mean much that no insider has traded IMP Powers shares in the last quarter. We don't take much encouragement from the transactions by IMP Powers insiders. And usually insiders own more stock in the company, according to our data. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing IMP Powers. While conducting our analysis, we found that IMP Powers has 3 warning signs and it would be unwise to ignore these.

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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