Despite Hitting ₹18.20, Salasar Exteriors And Contour Insiders Still Sold Too Soon

Despite the fact that Salasar Exteriors And Contour Limited's (NSE:SECL) value has dropped 12% in the last week insiders who sold ₹33m worth of stock in the past 12 months have had less success. Insiders would probably have been better off holding on to their shares given that the average selling price of ₹25.31 is still lower than the current share price.

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.

View our latest analysis for Salasar Exteriors And Contour

The Last 12 Months Of Insider Transactions At Salasar Exteriors And Contour

In the last twelve months, the biggest single sale by an insider was when the MD & Director, Shreekishan Joshi, sold ₹11m worth of shares at a price of ₹22.90 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (₹18.20). So it may not tell us anything about how insiders feel about the current share price.

Insiders in Salasar Exteriors And Contour didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of Salasar Exteriors And Contour

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Salasar Exteriors And Contour insiders own 75% of the company, currently worth about ₹1.4b 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 Do The Salasar Exteriors And Contour Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Salasar Exteriors And Contour shares in the last quarter. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Salasar Exteriors And Contour insider transactions don't fill us with confidence. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Salasar Exteriors And Contour. Every company has risks, and we've spotted 3 warning signs for Salasar Exteriors And Contour (of which 1 is potentially serious!) you should know about.

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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.