Company Secretary Lawkush Prasad Just Bought 100% More Shares In Greenpanel Industries Limited (NSE:GREENPANEL)

Even if it's not a huge purchase, we think it was good to see that Lawkush Prasad, the Company Secretary of Greenpanel Industries Limited (NSE:GREENPANEL) recently shelled out ₹998k to buy stock, at ₹200 per share. Even though that isn't a massive buy, it did increase their holding by 100%, which is arguably a good sign.

View our latest analysis for Greenpanel Industries

The Last 12 Months Of Insider Transactions At Greenpanel Industries

While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.

Happily, we note that in the last year insiders paid ₹5.7m for 79.52k shares. But insiders sold 1.00k shares worth ₹53k. In the last twelve months there was more buying than selling by Greenpanel Industries insiders. They paid about ₹71.17 on average. To my mind it is good that insiders have invested their own money in the company. But we must note that the investments were made at well below today's share price of ₹177. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Greenpanel Industries

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Greenpanel Industries insiders own about ₹4.0b worth of shares. That equates to 18% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Greenpanel Industries Tell Us?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Greenpanel Industries. One for the watchlist, at least! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 3 warning signs (1 is potentially serious!) that you ought to be aware of before buying any shares in Greenpanel Industries.

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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