Have Arvind SmartSpaces Limited (NSE:ARVSMART) Insiders Been Selling Their Stock?

We note that a Arvind SmartSpaces Limited (NSE:ARVSMART) insider, Saumya Lalbhai, recently sold ₹460k worth of stock for ₹98.52 per share. That might not be a huge sum but it was 100% of their personal holding, so we find it a little discouraging.

View our latest analysis for Arvind SmartSpaces

The Last 12 Months Of Insider Transactions At Arvind SmartSpaces

Notably, that recent sale by Saumya Lalbhai is the biggest insider sale of Arvind SmartSpaces shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of ₹94.15. While we don't usually like to see insider selling, it's more concerning if the sales take place 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.

Arvind SmartSpaces 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 Arvind SmartSpaces better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Does Arvind SmartSpaces Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 14% of Arvind SmartSpaces shares, worth about ₹470m, according to our data. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About Arvind SmartSpaces Insiders?

Insiders haven't bought Arvind SmartSpaces stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. 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. To that end, you should learn about the 3 warning signs we've spotted with Arvind SmartSpaces (including 1 which is concerning).

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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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.
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