Insider Buying: The Cantabil Retail India Limited (NSE:CANTABIL) Whole Time Director Just Bought ₹1.7m Worth Of Shares

Even if it's not a huge purchase, we think it was good to see that Deepak Bansal, the Whole Time Director of Cantabil Retail India Limited (NSE:CANTABIL) recently shelled out ₹1.7m to buy stock, at ₹383 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

See our latest analysis for Cantabil Retail India

Cantabil Retail India Insider Transactions Over The Last Year

There wasn't any very large single transaction over the last year, but we can still observe some trading.

In the last twelve months Cantabil Retail India insiders were buying shares, but not selling. The average buy price was around ₹311. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price of ₹378. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Cantabil Retail India 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 Cantabil Retail India

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Cantabil Retail India insiders own 80% of the company, currently worth about ₹4.9b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Cantabil Retail India Insiders?

The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Cantabil Retail India insiders are well aligned, and quite possibly think the share price is too low. Looks promising! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. When we did our research, we found 5 warning signs for Cantabil Retail India (1 is potentially serious!) that we believe deserve your full attention.

But note: Cantabil Retail India may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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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