Insider Buying: The Nahar Capital and Financial Services Limited (NSE:NAHARCAP) MD & Executive Director Just Bought 66% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Nahar Capital and Financial Services Limited (NSE:NAHARCAP) MD & Executive Director, Dinesh Oswal, recently bought ₹1.2m worth of stock, for ₹70.76 per share. Even though that isn't a massive buy, it did increase their holding by 66%, which is arguably a good sign.

View our latest analysis for Nahar Capital and Financial Services

Nahar Capital and Financial Services Insider Transactions Over The Last Year

Notably, that recent purchase by Dinesh Oswal is the biggest insider purchase of Nahar Capital and Financial Services shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of ₹75.50. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices.

In the last twelve months Nahar Capital and Financial Services insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 11% of Nahar Capital and Financial Services shares, worth about ₹145m, according to our data. However, it's possible that insiders might have an indirect interest through a more complex structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About Nahar Capital and Financial Services Insiders?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Nahar Capital and Financial Services. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Nahar Capital and Financial Services. For instance, we've identified 5 warning signs for Nahar Capital and Financial Services (1 can't be ignored) you should be aware of.

But note: Nahar Capital and Financial Services may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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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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. 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.
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