Rahul Bhageria of Bhageria Industries Limited (NSE:BHAGERIA) Just Spent ₹558k On A Handful Of Shares
Whilst it may not be a huge deal, we thought it was good to see that Rahul Bhageria, who is a company insider, recently bought ₹558k worth of stock, for ₹167 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.
Check out our latest analysis for Bhageria Industries
The Last 12 Months Of Insider Transactions At Bhageria Industries
Over the last year, we can see that the biggest insider purchase was by Executive Chairman Suresh Kumar Bhageria for ₹4.0m worth of shares, at about ₹156 per share. So it's clear an insider wanted to buy, at around the current price, which is ₹165. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. 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. Happily, the Bhageria Industries insiders decided to buy shares at close to current prices.
Over the last year, we can see that insiders have bought 90.43k shares worth ₹13m. On the other hand they divested 10.00k shares, for ₹1.7m. In total, Bhageria Industries insiders bought more than they sold over the last year. 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!
Bhageria Industries 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 Bhageria Industries
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Bhageria Industries insiders own 44% of the company, worth about ₹3.2b. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Do The Bhageria Industries Insider Transactions Indicate?
It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Bhageria Industries. That's what I like to see! 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. Case in point: We've spotted 2 warning signs for Bhageria Industries you should be aware of.
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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About NSEI:BHAGERIA
Bhageria Industries
Manufactures and trades in dyes, dye intermediates, and organic and basic chemicals in India and internationally.
Flawless balance sheet slight.