Have GHCL Limited (NSE:GHCL) Insiders Been Selling Their Stock?

We note that a GHCL Limited (NSE:GHCL) insider, U. Mankad, recently sold ₹645k worth of stock for ₹215 per share. It might not be a huge sale, but it did reduce their holding size 13%, hardly encouraging.

Check out our latest analysis for GHCL

The Last 12 Months Of Insider Transactions At GHCL

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 ₹4.3m for 48.16k shares. On the other hand they divested 27.98k shares, for ₹4.3m. In total, GHCL insiders sold more than they bought over the last year. 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!

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

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. GHCL insiders own about ₹1.5b worth of shares. That equates to 7.3% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The GHCL Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 3 warning signs for GHCL that deserve your attention before buying any shares.

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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