Trade Alert: Non-Executive Director Of Kay Cee Energy & Infra Divyanshu Jain Has Sold Stock

Anyone interested in Kay Cee Energy & Infra Limited (NSE:KCEIL) should probably be aware that the Non-Executive Director, Divyanshu Jain, recently divested ₹15m worth of shares in the company, at an average price of ₹385 each. In particular, we note that the sale equated to a 64% reduction in their position size, which doesn't exactly instill confidence.

View our latest analysis for Kay Cee Energy & Infra

Kay Cee Energy & Infra Insider Transactions Over The Last Year

In fact, the recent sale by Divyanshu Jain was the biggest sale of Kay Cee Energy & Infra 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 ₹384. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

In the last twelve months insiders purchased 17.00k shares for ₹3.8m. But they sold 46.00k shares for ₹18m. In total, Kay Cee Energy & Infra insiders sold more than they bought over the last year. 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!

I will like Kay Cee Energy & Infra better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Kay Cee Energy & Infra

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Kay Cee Energy & Infra insiders own 71% of the company, currently worth about ₹3.0b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Kay Cee Energy & Infra Insider Transactions Indicate?

Insiders sold Kay Cee Energy & Infra shares recently, but they didn't buy any. And our longer term analysis of insider transactions didn't bring confidence, either. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Kay Cee Energy & Infra. Every company has risks, and we've spotted 5 warning signs for Kay Cee Energy & Infra (of which 2 are a bit concerning!) you should know about.

But note: Kay Cee Energy & Infra 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.