Stock Analysis

Insiders who bought this year lost ₹50k as Vaxtex Cotfab Limited (NSE:VCL) sheds ₹163m in value

  •  Updated
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Insiders who acquired ₹180k worth of Vaxtex Cotfab Limited's (NSE:VCL) stock at an average price of ₹10.57 in the past 12 months may be dismayed by the recent 30% price decline. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth ₹130k, which is not great.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

Check out the opportunities and risks within the IN Luxury industry.

The Last 12 Months Of Insider Transactions At Vaxtex Cotfab

While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

NSEI:VCL Insider Trading Volume December 1st 2022

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 Of Vaxtex Cotfab

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Vaxtex Cotfab insiders own about ₹80m worth of shares. That equates to 21% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Vaxtex Cotfab Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Vaxtex Cotfab shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Vaxtex Cotfab. At Simply Wall St, we've found that Vaxtex Cotfab has 4 warning signs (3 are concerning!) that deserve your attention before going any further with your analysis.

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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Find out whether Vaxtex Cotfab is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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