Trade Alert: Motilal Oswal Financial Services Limited (NSE:MOTILALOFS) Insider, Jatin Savla, Has Sold Some Shares Recently
We note that a Motilal Oswal Financial Services Limited (NSE:MOTILALOFS) insider, Jatin Savla, recently sold ₹1.4m worth of stock for ₹545 per share. While that isn't a lot of money, it was a whopping 63.3% of their holding, so certainly isn't a good sign.
View our latest analysis for Motilal Oswal Financial Services
Motilal Oswal Financial Services Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the insider, Rajat Rajgarhia, for ₹33m worth of shares, at about ₹676 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 silver lining is that this sell-down took place above the latest price (₹559). So it may not tell us anything about how insiders feel about the current share price.
In the last twelve months insiders netted ₹93m for 135k shares sold. In the last year Motilal Oswal Financial Services insiders didn't buy any company stock. The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
Insider Ownership of Motilal Oswal Financial Services
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Motilal Oswal Financial Services insiders own 22% of the company, worth about ₹18b. 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 Motilal Oswal Financial Services Insider Transactions Indicate?
Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
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.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.