Insider Spends ₹17m Buying More Shares In Yasho Industries

Investors who take an interest in Yasho Industries Limited (NSE:YASHO) should definitely note that the Non-Executive Independent Director, Anurag Surana, recently paid ₹1,747 per share to buy ₹17m worth of the stock. We reckon that's a good sign, especially since the purchase boosted their holding by 100%.

Check out our latest analysis for Yasho Industries

Yasho Industries Insider Transactions Over The Last Year

The CEO, MD & Director, Parag Jhaveri, made the biggest insider sale in the last 12 months. That single transaction was for ₹124m worth of shares at a price of ₹1,876 each. So we know that an insider sold shares at around the present share price of ₹1,811. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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. The only individual insider seller over the last year was Parag Jhaveri.

Over the last year, we can see that insiders have bought 120.00k shares worth ₹195m. But they sold 66.79k shares for ₹124m. In the last twelve months there was more buying than selling by Yasho Industries insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 35% of Yasho Industries shares, worth about ₹7.1b. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Yasho Industries Insiders?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Yasho Industries. Nice! 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. To help with this, we've discovered 2 warning signs (1 is concerning!) that you ought to be aware of before buying any shares in Yasho Industries.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.