Trade Alert: The Joint MD & Executive Director Of KRBL Limited (NSE:KRBL), Anoop Gupta, Has Just Spent ₹28m Buying 29% More Shares

By
Simply Wall St
Published
February 24, 2022
NSEI:KRBL
Source: Shutterstock

Potential KRBL Limited (NSE:KRBL) shareholders may wish to note that the Joint MD & Executive Director, Anoop Gupta, recently bought ₹28m worth of stock, paying ₹194 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 29%.

View our latest analysis for KRBL

KRBL Insider Transactions Over The Last Year

Notably, that recent purchase by Anoop Gupta is the biggest insider purchase of KRBL shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of ₹198. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for KRBL share holders is that insiders were buying at near the current price.

KRBL insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NSEI:KRBL Insider Trading Volume February 24th 2022

KRBL 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 KRBL

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. KRBL insiders own about ₹30b worth of shares (which is 66% of the company). 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 KRBL Tell Us?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about KRBL. One for the watchlist, at least! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of KRBL.

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.

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