Director & MD Of Shyam Century Ferrous Sold 62% Of Their Shares

Investors may wish to note that the Director & MD of Shyam Century Ferrous Limited, Aditya Agarwal, recently netted ₹4.6m from selling stock, receiving an average price of ₹21.48. That might not be a huge sum but it was 62% of their personal holding, so we find it a little discouraging.

Check out our latest analysis for Shyam Century Ferrous

The Last 12 Months Of Insider Transactions At Shyam Century Ferrous

Notably, that recent sale by Director & MD Aditya Agarwal was not the only time they sold Shyam Century Ferrous shares this year. They previously made an even bigger sale of -₹8.2m worth of shares at a price of ₹21.87 per share. So we know that an insider sold shares at around the present share price of ₹20.35. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Shyam Century Ferrous insiders didn't buy any shares 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!

I will like Shyam Century Ferrous better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Insider Ownership

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. Shyam Century Ferrous insiders own about ₹1.4b worth of shares. That equates to 33% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Shyam Century Ferrous Insider Transactions Indicate?

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. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 5 warning signs for Shyam Century Ferrous that deserve your attention before buying any shares.

Of course Shyam Century Ferrous may not be the best stock to buy. So you may wish to see this free collection of high quality 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 of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.