The MD & Whole Time Director of T.T. Limited (NSE:TTL), Sanjay Jain, Just Bought 1.7% More Shares

Even if it's not a huge purchase, we think it was good to see that Sanjay Jain, the MD & Whole Time Director of T.T. Limited (NSE:TTL) recently shelled out ₹423k to buy stock, at ₹48.10 per share. Although the purchase is not a big one, increasing their shareholding by only 1.7%, it can be interpreted as a good sign.

See our latest analysis for T.T

T.T Insider Transactions Over The Last Year

While no particular insider transaction stood out, we can still look at the overall trading.

While T.T insiders bought shares during the last year, they didn't sell. 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!

T.T 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 T.T

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. T.T insiders own about ₹589m worth of shares (which is 63% 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.

So What Does This Data Suggest About T.T Insiders?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Once you factor in the high insider ownership, it certainly seems like insiders are positive about T.T. One for the watchlist, at least! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, T.T has 3 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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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