We note that the Barbeque Nation Hospitality Ltd. (NSE:BARBEQUE) Chief People Officer, Gulshan Chawla, recently sold ₹3.4m worth of stock for ₹1,420 per share. However we note that the sale only shrunk their holding by 3.7%.
The Last 12 Months Of Insider Transactions At Barbeque Nation Hospitality
Over the last year, we can see that the biggest insider sale was by the CEO & Whole Time Director, Rahul Agrawal, for ₹90m worth of shares, at about ₹1,503 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of ₹1,343. So it may not shed much light on insider confidence at current levels.
In the last year Barbeque Nation Hospitality insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Barbeque Nation Hospitality insiders own 7.8% of the company, worth about ₹4.1b. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About Barbeque Nation Hospitality Insiders?
Insiders haven't bought Barbeque Nation Hospitality stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. 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. At Simply Wall St, we found 1 warning sign for Barbeque Nation Hospitality that deserve your attention before buying any shares.
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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.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.