Suparna Singh Is The President of NDTV Group of New Delhi Television Limited (NSE:NDTV) And They Just Sold 100% Of Their Shares
We'd be surprised if New Delhi Television Limited (NSE:NDTV) shareholders haven't noticed that the President of NDTV Group, Suparna Singh, recently sold ₹26m worth of stock at ₹493 per share. Equally important, that sale actually reduced their holding by a full 100% which hardly makes us feel bullish about the stock.
However if you'd rather see where the opportunities and risks are within NDTV's industry, you can check out our analysis on the IN Media industry.
New Delhi Television Insider Transactions Over The Last Year
In fact, the recent sale by Suparna Singh was the biggest sale of New Delhi Television shares made by an insider individual in the last twelve months, according to our records. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (₹445). So it may not shed much light on insider confidence at current levels.
New Delhi Television insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
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. New Delhi Television insiders own about ₹9.5b worth of shares (which is 33% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At New Delhi Television Tell Us?
Insiders haven't bought New Delhi Television stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. But it is good to see that New Delhi Television is growing earnings. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. 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. When we did our research, we found 2 warning signs for New Delhi Television (1 is concerning!) that we believe deserve your full attention.
But note: New Delhi Television 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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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.
About NSEI:NDTV
New Delhi Television
Engages in the television media business in India, the United States, Europe, and internationally.
Worrying balance sheet minimal.