Have Insiders Sold Hatsun Agro Product Limited (NSE:HATSUN) Shares Recently?

Anyone interested in Hatsun Agro Product Limited (NSE:HATSUN) should probably be aware that a company insider, V. Vilasini, recently divested ₹11m worth of shares in the company, at an average price of ₹1,375 each. That sale was 21% of their holding, so it does make us raise an eyebrow.

Check out our latest analysis for Hatsun Agro Product

The Last 12 Months Of Insider Transactions At Hatsun Agro Product

Over the last year, we can see that the biggest insider purchase was by Non-Executive Chairman R. Chandramogan for ₹100m worth of shares, at about ₹955 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of ₹1,355. Because the shares were purchased at a lower price, this particular buy doesn't tell us much 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 click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Hatsun Agro Product 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.

Does Hatsun Agro Product Boast High Insider Ownership?

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. Hatsun Agro Product insiders own 79% of the company, currently worth about ₹230b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Hatsun Agro Product Tell Us?

Insiders haven't bought Hatsun Agro Product stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. We are also comforted by the high levels of insider ownership. So we're not too bothered by recent selling. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 4 warning signs for Hatsun Agro Product and we suggest you have a look.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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.

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