Joint MD Gautam Makharia Just Bought 1.5% More Shares In Shree Pushkar Chemicals & Fertilisers Limited (NSE:SHREEPUSHK)

Potential Shree Pushkar Chemicals & Fertilisers Limited (NSE:SHREEPUSHK) shareholders may wish to note that the Joint MD, Gautam Makharia, recently bought ₹13m worth of stock, paying ₹98.71 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 1.5%.

See our latest analysis for Shree Pushkar Chemicals & Fertilisers

The Last 12 Months Of Insider Transactions At Shree Pushkar Chemicals & Fertilisers

In fact, the recent purchase by Joint MD Gautam Makharia was not their only acquisition of Shree Pushkar Chemicals & Fertilisers shares this year. Earlier in the year, they paid ₹105 per share in a ₹21m purchase. That means that an insider was happy to buy shares at above the current price of ₹102. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Shree Pushkar Chemicals & Fertilisers insiders may have bought shares in the last year, but they didn't sell any. 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!

Shree Pushkar Chemicals & Fertilisers is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Shree Pushkar Chemicals & Fertilisers Boast High 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. Shree Pushkar Chemicals & Fertilisers insiders own 67% of the company, currently worth about ₹2.1b based on the recent share price. 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 Shree Pushkar Chemicals & Fertilisers Insider Transactions Indicate?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Shree Pushkar Chemicals & Fertilisers insiders are well aligned, and quite possibly think the share price is too low. That's what I like to see! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 2 warning signs for Shree Pushkar Chemicals & Fertilisers you should know about.

But note: Shree Pushkar Chemicals & Fertilisers 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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