The Executive Chairman of Bhageria Industries Limited (NSE:BHAGERIA), Suresh Kumar Bhageria, Just Bought A Few More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Bhageria Industries Limited (NSE:BHAGERIA) Executive Chairman, Suresh Kumar Bhageria, recently bought ₹4.0m worth of stock, for ₹156 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

See our latest analysis for Bhageria Industries

The Last 12 Months Of Insider Transactions At Bhageria Industries

Notably, that recent purchase by Suresh Kumar Bhageria is the biggest insider purchase of Bhageria Industries shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is ₹164. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Bhageria Industries share holders is that insiders were buying at near the current price.

Over the last year, we can see that insiders have bought 74.13k shares worth ₹11m. On the other hand they divested 10.00k shares, for ₹1.7m. Overall, Bhageria Industries insiders were net buyers during the last year. 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!

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.

Does Bhageria Industries Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with 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. Bhageria Industries insiders own 44% of the company, currently worth about ₹3.2b based on the recent share price. 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 Bhageria Industries Tell Us?

The recent insider purchases are heartening. 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. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bhageria Industries. You'd be interested to know, that we found 2 warning signs for Bhageria Industries and we suggest you have a look.

But note: Bhageria Industries may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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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