Have Shree Digvijay Cement Insiders Been Selling Stock?

Investors may wish to note that an insider of Shree Digvijay Cement Company Limited, K. Nambiar, recently netted ₹6.4m from selling stock, receiving an average price of ₹92.77. On the bright side, that's just a small sale and only reduced their holding by 4.3%.

See our latest analysis for Shree Digvijay Cement

The Last 12 Months Of Insider Transactions At Shree Digvijay Cement

In fact, the recent sale by insider K. Nambiar was not their only sale of Shree Digvijay Cement shares this year. Earlier in the year, they fetched ₹92.19 per share in a -₹15m sale. That means that even when the share price was below the current price of ₹99.35, an insider wanted to cash in some shares. 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. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 18% of K. Nambiar's stake.

Insiders in Shree Digvijay Cement 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Does Shree Digvijay Cement Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Shree Digvijay Cement insiders own about ₹859m worth of shares. That equates to 5.9% 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.

What Might The Insider Transactions At Shree Digvijay Cement Tell Us?

Insiders sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. On the plus side, Shree Digvijay Cement makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Shree Digvijay Cement. Every company has risks, and we've spotted 2 warning signs for Shree Digvijay Cement you should know about.

But note: Shree Digvijay Cement 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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