Vijay Rana Is The Chief Financial Officer of Share India Securities Limited (NSE:SHAREINDIA) And They Just Sold 36% Of Their Shares

Investors may wish to note that the Chief Financial Officer of Share India Securities Limited, Vijay Rana, recently netted ₹5.1m from selling stock, receiving an average price of ₹179. It wasn't a huge sale, but it did reduce their holding by 36%. This does not instill confidence.

Check out our latest analysis for Share India Securities

Share India Securities Insider Transactions Over The Last Year

In fact, the recent sale by Vijay Rana was the biggest sale of Share India Securities shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of ₹170. While insider selling is a negative, to us, it is more negative if the shares are sold 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. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Share India Securities

Many investors like to check how much of a company is owned by 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. It's great to see that Share India Securities insiders own 85% of the company, worth about ₹4.5b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Share India Securities Insider Transactions Indicate?

An insider hasn't bought Share India Securities 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 Share India Securities 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. At Simply Wall St, we found 4 warning signs for Share India Securities that deserve your attention before buying any shares.

Of course Share India Securities may not be the best stock to buy. So you may wish to see this free collection of high quality 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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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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