This Insider Has Just Sold Shares In K.M. Sugar Mills Limited (NSE:KMSUGAR)

We note that the K.M. Sugar Mills Limited (NSE:KMSUGAR) Chairman, L. Jhunjhunwala, recently sold ₹314k worth of stock for ₹12.30 per share. However we note that the sale only shrunk their holding by 0.6%.

See our latest analysis for K.M. Sugar Mills

K.M. Sugar Mills Insider Transactions Over The Last Year

While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.

Happily, we note that in the last year insiders paid ₹5.0m for 880.91k shares. But insiders sold 41.71k shares worth ₹425k. In the last twelve months there was more buying than selling by K.M. Sugar Mills insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

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. K.M. Sugar Mills insiders own 51% of the company, currently worth about ₹635m 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 K.M. Sugar Mills Tell Us?

An insider hasn't bought K.M. Sugar Mills stock in the last three months, but there was some selling. But we take heart from prior transactions. On top of that, insiders own a significant portion of the company. So we're not too bothered by recent selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing K.M. Sugar Mills. At Simply Wall St, we've found that K.M. Sugar Mills has 5 warning signs (1 is concerning!) that deserve your attention before going any further with your analysis.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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. 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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