Have MOS Utility Insiders Been Selling Stock?

We'd be surprised if MOS Utility Limited (NSE:MOS) shareholders haven't noticed that the Co-Founder & Executive Chairman, Chirag Shah, recently sold ₹22m worth of stock at ₹207 per share. On the bright side, that sale was only 6.0% of their holding, so we doubt it's very meaningful, on its own.

Check out our latest analysis for MOS Utility

The Last 12 Months Of Insider Transactions At MOS Utility

In the last twelve months, the biggest single sale by an insider was when the insider, Kurjibhai Rupareliya, sold ₹1.1b worth of shares at a price of ₹370 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of ₹293. So it is hard to draw any strong conclusion from it.

In the last year MOS Utility insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Does MOS Utility Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. MOS Utility insiders own 48% of the company, currently worth about ₹3.5b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The MOS Utility Insider Transactions Indicate?

Insiders sold MOS Utility shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. It is good to see high insider ownership, but the insider selling leaves us cautious. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 4 warning signs for MOS Utility and we suggest you have a look.

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 of direct interests only, but not derivative transactions or indirect interests.

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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.