Anoop Bector Is The MD & Director of Mrs. Bectors Food Specialities Limited (NSE:BECTORFOOD) And Just Spent ₹5.3m On Shares

Whilst it may not be a huge deal, we thought it was good to see that the Mrs. Bectors Food Specialities Limited (NSE:BECTORFOOD) MD & Director, Anoop Bector, recently bought ₹5.3m worth of stock, for ₹533 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

View our latest analysis for Mrs. Bectors Food Specialities

Mrs. Bectors Food Specialities Insider Transactions Over The Last Year

In fact, the recent purchase by Anoop Bector was the biggest purchase of Mrs. Bectors Food Specialities shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of ₹534 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider purchases were made at close to current prices.

Mrs. Bectors Food Specialities insiders may have bought shares in the last year, but they didn't sell any. Their average price was about ₹346. It is certainly positive to see that insiders have invested their own money in the company. But we must note that the investments were made at well below today's 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!

Mrs. Bectors Food Specialities is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Mrs. Bectors Food Specialities

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. Mrs. Bectors Food Specialities insiders own 36% of the company, currently worth about ₹11b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Mrs. Bectors Food Specialities Tell Us?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Mrs. Bectors Food Specialities insiders are well aligned, and quite possibly think the share price is too low. One for the watchlist, at least! 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. You'd be interested to know, that we found 1 warning sign for Mrs. Bectors Food Specialities and we suggest you have a look.

But note: Mrs. Bectors Food Specialities 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.