This Insider Has Just Sold Shares In Matrimony.com Limited (NSE:MATRIMONY)

We'd be surprised if Matrimony.com Limited (NSE:MATRIMONY) shareholders haven't noticed that an insider, Saichithra Swaminathan, recently sold ₹14m worth of stock at ₹886 per share. That sale was 28% of their holding, so it does make us raise an eyebrow.

View our latest analysis for Matrimony.com

Matrimony.com Insider Transactions Over The Last Year

Notably, that recent sale by Saichithra Swaminathan is the biggest insider sale of Matrimony.com shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of ₹871. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Saichithra Swaminathan divested 43.43k shares over the last 12 months at an average price of ₹877. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership of Matrimony.com

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Matrimony.com insiders own 51% of the company, currently worth about ₹11b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Matrimony.com Insiders?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. But it is good to see that Matrimony.com is growing earnings. 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 Matrimony.com. While conducting our analysis, we found that Matrimony.com has 2 warning signs and it would be unwise to ignore them.

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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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