Have Insiders Sold Kshitij Polyline Limited (NSE:KSHITIJPOL) Shares Recently?

We note that the Kshitij Polyline Limited (NSE:KSHITIJPOL) Chairman & MD, Bharat Gala, recently sold ₹898k worth of stock for ₹24.96 per share. However we note that the sale only shrunk their holding by 1.4%.

View our latest analysis for Kshitij Polyline

Kshitij Polyline Insider Transactions Over The Last Year

Notably, that recent sale by Chairman & MD Bharat Gala was not the only time they traded Kshitij Polyline shares this year. Earlier in the year, they spent ₹1.6m to buy shares at ₹24.53 per share. So it's clear an insider wanted to buy, at around the current price, which is ₹26.20. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Kshitij Polyline share holders is that an insider was buying at near the current price. Bharat Gala was the only individual insider to buy during the last year. We note that Bharat Gala was also the biggest seller.

Bharat Gala purchased 268.00k shares over the year. The average price per share was ₹24.82. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Kshitij Polyline is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Kshitij Polyline

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Kshitij Polyline insiders own 50% of the company, currently worth about ₹115m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Kshitij Polyline Insiders?

An insider sold stock recently, but they haven't been buying. But we take heart from prior transactions. On top of that, insiders own a significant portion of the company. So we're happy to look past recent trading. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. When we did our research, we found 5 warning signs for Kshitij Polyline (3 are a bit unpleasant!) that we believe deserve your full attention.

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. 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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