Stock Analysis

Karthik Iyer Is The MD & Director of Twentyfirst Century Management Services Limited (NSE:21STCENMGM) And They Just Picked Up 1.4% More Shares

Source: Shutterstock

Whilst it may not be a huge deal, we thought it was good to see that the Twentyfirst Century Management Services Limited (NSE:21STCENMGM) MD & Director, Karthik Iyer, recently bought ₹219k worth of stock, for ₹17.22 per share. However, it only increased their shares held by 1.4%, and it wasn't a huge purchase by absolute value, either.

See our latest analysis for Twentyfirst Century Management Services

Twentyfirst Century Management Services Insider Transactions Over The Last Year

Earlier in the year, MD & Director Karthik Iyer paid ₹27.58 per share in a ₹1.9m purchase. So it's clear an insider wanted to buy, even at a higher price than the current share price (being ₹17.55). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. The only individual insider to buy over the last year was Karthik Iyer.

Karthik Iyer bought a total of 131.81k shares over the year at an average price of ₹26.27. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

NSEI:21STCENMGM Insider Trading Volume March 19th 2023

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Twentyfirst Century Management Services Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Twentyfirst Century Management Services insiders own 61% of the company, worth about ₹115m. 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 Twentyfirst Century Management Services Tell Us?

It's certainly positive to see the recent insider purchase. 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. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Twentyfirst Century Management Services. Nice! 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. Every company has risks, and we've spotted 3 warning signs for Twentyfirst Century Management Services 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.

Valuation is complex, but we're helping make it simple.

Find out whether Twentyfirst Century Management Services 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.

View the Free Analysis