This Insider Has Just Sold Shares In Galaxy Surfactants Limited (NSE:GALAXYSURF)

We note that the Galaxy Surfactants Limited (NSE:GALAXYSURF) MD & Executive Director, Unnathan Shekhar, recently sold ₹1.8m worth of stock for ₹2,380 per share. However we note that the sale only shrunk their holding by 0.02%.

Check out our latest analysis for Galaxy Surfactants

The Last 12 Months Of Insider Transactions At Galaxy Surfactants

While no particular insider transaction stood out, we can still look at the overall trading.

Happily, we note that in the last year insiders paid ₹3.7m for 2.05k shares. On the other hand they divested 4.54k shares, for ₹8.2m. Over the last year we saw more insider selling of Galaxy Surfactants shares, than buying. They sold for an average price of about ₹1,797. We don't gain confidence from insider selling below the recent share price, which is ₹2,390. Of course, the sales could be motivated for a multitude of reasons, so we shouldn't jump to conclusions. 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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of Galaxy Surfactants

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Galaxy Surfactants insiders own 39% of the company, worth about ₹33b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Galaxy Surfactants Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, Galaxy Surfactants insiders are reasonably well aligned, and optimistic for the future. 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. You'd be interested to know, that we found 2 warning signs for Galaxy Surfactants and we suggest you have a look.

But note: Galaxy Surfactants 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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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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