Have Insiders Sold Navin Fluorine International Shares Recently?

Some Navin Fluorine International Limited (NSE:NAVINFLUOR) shareholders may be a little concerned to see that the Executive Chairman of the Board, Vishad Mafatlal, recently sold a substantial ₹586m worth of stock at a price of ₹3,295 per share. That sale reduced their total holding by 25% which is hardly insignificant, but far from the worst we've seen.

Check out our latest analysis for Navin Fluorine International

Navin Fluorine International Insider Transactions Over The Last Year

Notably, that recent sale by Vishad Mafatlal is the biggest insider sale of Navin Fluorine International shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of ₹3,337. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 25% of Vishad Mafatlal's holding.

Insiders in Navin Fluorine International didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Navin Fluorine International better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Navin Fluorine International

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 2.8% of Navin Fluorine International shares, worth about ₹4.6b. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Navin Fluorine International Tell Us?

Insiders sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 3 warning signs for Navin Fluorine International you should know about.

But note: Navin Fluorine International 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 of direct interests only, but not derivative transactions or indirect interests.

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