Have Insiders Sold ICRA Limited (NSE:ICRA) Shares Recently?

We note that the ICRA Limited (NSE:ICRA) Executive VP & Head of Institutional Corporate Group, L. Shivakumar, recently sold ₹1.4m worth of stock for ₹2,879 per share. However we note that the sale only shrunk their holding by 4.9%.

Check out our latest analysis for ICRA

The Last 12 Months Of Insider Transactions At ICRA

Notably, that recent sale by L. Shivakumar is the biggest insider sale of ICRA shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of ₹2,778. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

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!

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Does ICRA Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Our data suggests ICRA insiders own 0.9% of the company, worth about ₹238m. However, it's possible that insiders might have an indirect interest through a more complex structure. We prefer to see high levels of insider ownership.

So What Does This Data Suggest About ICRA Insiders?

An insider hasn't bought ICRA 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. But since ICRA is profitable and growing, we're not too worried by this. 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. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of ICRA.

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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