This Insider Has Just Sold Shares In Kshitij Polyline Limited (NSE:KSHITIJPOL)

Investors may wish to note that the Chairman & MD of Kshitij Polyline Limited, Bharat Gala, recently netted ₹484k from selling stock, receiving an average price of ₹24.21. It wasn't a huge sale, but it did reduce their holding by 18%. This does not instill confidence.

View our latest analysis for Kshitij Polyline

Kshitij Polyline Insider Transactions Over The Last Year

Chairman & MD Bharat Gala previously made an even bigger purchase of ₹1.6m worth of shares at a price of ₹24.53 per share. So it's clear an insider wanted to buy, at around the current price, which is ₹25.20. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. 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. Notably 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 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!

Kshitij Polyline is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. 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.

What Might The Insider Transactions At Kshitij Polyline Tell Us?

An insider sold stock recently, but they haven't been buying. On the other hand, the insider transactions over the last year are encouraging. On top of that, insiders own a significant portion of the company. So we're not too bothered by recent selling. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we've found that Kshitij Polyline has 5 warning signs (3 make us uncomfortable!) that deserve your attention before going any further with your analysis.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, 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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