How Many V.S.T. Tillers Tractors Limited (NSE:VSTTILLERS) Shares Did Insiders Buy, In The Last Year?
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So before you buy or sell V.S.T. Tillers Tractors Limited (NSE:VSTTILLERS), you may well want to know whether insiders have been buying or selling.
What Is Insider Buying?
Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock in the company. However, rules govern insider transactions, and certain disclosures are required.
Insider transactions are not the most important thing when it comes to long-term investing. But logic dictates you should pay some attention to whether insiders are buying or selling shares. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise'.
Check out our latest analysis for V.S.T. Tillers Tractors
The Last 12 Months Of Insider Transactions At V.S.T. Tillers Tractors
While no particular insider transaction stood out, we can still look at the overall trading.
V. Surendra bought a total of 5.02k shares over the year at an average price of ₹704. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
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. We usually like to see fairly high levels of insider ownership. V.S.T. Tillers Tractors insiders own about ₹7.1b worth of shares (which is 44% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At V.S.T. Tillers Tractors Tell Us?
It doesn't really mean much that no insider has traded V.S.T. Tillers Tractors shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Judging from their transactions, and high insider ownership, V.S.T. Tillers Tractors insiders feel good about the company's future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing V.S.T. Tillers Tractors. When we did our research, we found 2 warning signs for V.S.T. Tillers Tractors (1 can't be ignored!) that we believe deserve your full attention.
Of course V.S.T. Tillers Tractors may not be the best stock to buy. So you may wish to see this free collection of high quality 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. 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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About NSEI:VSTTILLERS
V.S.T. Tillers Tractors
Manufactures and trades agriculture machinery in India and internationally.
Excellent balance sheet and fair value.