Stock Analysis

Have VLS Finance Limited (NSE:VLSFINANCE) Insiders Been Selling Their Stock?

NSEI:VLSFINANCE
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We note that a VLS Finance Limited (NSE:VLSFINANCE) insider, Seema Jhalani, recently sold ₹1.2m worth of stock for ₹178 per share. That might not be a huge sum but it was 100% of their personal holding, so we find it a little discouraging.

Check out our latest analysis for VLS Finance

VLS Finance Insider Transactions Over The Last Year

In fact, the recent sale by Seema Jhalani was the biggest sale of VLS Finance shares made by an insider individual in the last twelve months, according to our records. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of ₹148. So it may not tell us anything about how insiders feel about the current share price.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NSEI:VLSFINANCE Insider Trading Volume April 1st 2023

I will like VLS Finance better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 15% of VLS Finance shares, worth about ₹760m, according to our data. But they may have an indirect interest through a corporate structure that we haven't picked up on. We do generally prefer see higher levels of insider ownership.

So What Do The VLS Finance Insider Transactions Indicate?

An insider hasn't bought VLS Finance 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. 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. While we like knowing 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. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of VLS Finance.

But note: VLS Finance 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. 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.