Have Insiders Sold Dangee Dums Shares Recently?

Some Dangee Dums Limited (NSE:DANGEE) shareholders may be a little concerned to see that insider Ravi Patel recently sold a substantial ₹92m worth of stock at a price of ₹6.85 per share. Probably the most concerning element of the whole transaction is that the disposal amounted to 51% of their entire holding.

Check out our latest analysis for Dangee Dums

Dangee Dums Insider Transactions Over The Last Year

In fact, the recent sale by Ravi Patel was the biggest sale of Dangee Dums shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of ₹6.85. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Dangee Dums insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of Dangee Dums

For a common shareholder, it is worth checking how many shares are held by company 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 Dangee Dums insiders own 64% of the company, worth about ₹680m. 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 Dangee Dums Insiders?

An insider sold Dangee Dums shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 3 warning signs for Dangee Dums you should know about.

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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.