Manoj Sharma Buys Handful Of Shares In Annapurna Swadisht

Even if it's not a huge purchase, we think it was good to see that Manoj Sharma, the Director of Annapurna Swadisht Limited (NSE:ANNAPURNA) recently shelled out ₹4.9m to buy stock, at ₹266 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Check out our latest analysis for Annapurna Swadisht

Annapurna Swadisht Insider Transactions Over The Last Year

The insider, Ritesh Shaw, made the biggest insider sale in the last 12 months. That single transaction was for ₹44m worth of shares at a price of ₹436 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (₹275). So it may not tell us anything about how insiders feel about the current share price.

Over the last year we saw more insider selling of Annapurna Swadisht shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Annapurna Swadisht insiders own about ₹4.7b worth of shares (which is 93% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Annapurna Swadisht Insiders?

The recent insider purchase is heartening. On the other hand the transaction history, over the last year, isn't so positive. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Annapurna Swadisht insiders are reasonably well aligned, and optimistic for the future. 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. At Simply Wall St, we've found that Annapurna Swadisht has 2 warning signs (1 is potentially serious!) that deserve your attention before going any further with your analysis.

But note: Annapurna Swadisht 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 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.