Have Yasho Industries Insiders Been Selling Stock?

Some Yasho Industries Limited (NSE:YASHO) shareholders may be a little concerned to see that the CEO, MD & Director, Parag Jhaveri, recently sold a substantial ₹124m worth of stock at a price of ₹1,862 per share. However, that sale only accounted for 2.4% of their holding, so arguably it doesn't say much about their conviction.

View our latest analysis for Yasho Industries

Yasho Industries Insider Transactions Over The Last Year

In fact, the recent sale by Parag Jhaveri was the biggest sale of Yasho Industries shares made by an insider individual in the last twelve months, according to our records. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of ₹1,525. So it is hard to draw any strong conclusion from it.

Over the last year, we can see that insiders have bought 124.53k shares worth ₹202m. On the other hand they divested 66.79k shares, for ₹124m. In total, Yasho Industries insiders bought more than they sold over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of Yasho Industries

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Yasho Industries insiders own about ₹14b worth of shares (which is 78% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Yasho Industries Insider Transactions Indicate?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Yasho Industries. That's what I like to see! 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 1 warning sign for Yasho Industries that deserve your attention before buying any shares.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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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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.