Man Infraconstruction Up 10%, Insider Buyers Are Up 54%

Insiders who bought Man Infraconstruction Limited (NSE:MANINFRA) stock in the last 12 months were richly rewarded last week. The company's market value increased by ₹7.2b as a result of the stock's 10% gain over the same period. As a result, their original purchase of ₹49.8m worth of stock is now worth ₹76.7m.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Man Infraconstruction

The Last 12 Months Of Insider Transactions At Man Infraconstruction

Over the last year, we can see that the biggest insider purchase was by Chairman Emeritus Parag Shah for ₹21m worth of shares, at about ₹143 per share. We do like to see buying, but this purchase was made at well below the current price of ₹213. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

While Man Infraconstruction 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. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Man Infraconstruction Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Man Infraconstruction insiders own 69% of the company, currently worth about ₹55b based on the recent share price. 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 Man Infraconstruction Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like Man Infraconstruction insiders think the business has merit. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Man Infraconstruction. At Simply Wall St, we found 1 warning sign for Man Infraconstruction that deserve your attention before buying any shares.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com