Have Insiders Sold Jash Engineering Limited (NSE:JASH) Shares Recently?

Investors may wish to note that an insider of Jash Engineering Limited, Laxminandan Amin, recently netted ₹2.4m from selling stock, receiving an average price of ₹496. On the bright side, that's just a small sale and only reduced their holding by 0.7%.

Check out our latest analysis for Jash Engineering

The Last 12 Months Of Insider Transactions At Jash Engineering

In fact, the recent sale by Laxminandan Amin was the biggest sale of Jash Engineering shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of ₹487. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Jash Engineering insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Does Jash Engineering Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Jash Engineering insiders own about ₹3.5b worth of shares (which is 61% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Jash Engineering Insiders?

Insiders sold Jash Engineering shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But it is good to see that Jash Engineering is growing earnings. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 4 warning signs with Jash Engineering and understanding them should be part of your investment process.

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. 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.
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