Have Godrej Properties Limited (NSE:GODREJPROP) Insiders Been Selling Their Stock?

We'd be surprised if Godrej Properties Limited (NSE:GODREJPROP) shareholders haven't noticed that the Chief CSR & Sustainability Officer, Anubhav Gupta, recently sold ₹7.6m worth of stock at ₹1,514 per share. That sale was 21% of their holding, so it does make us raise an eyebrow.

Check out our latest analysis for Godrej Properties

Godrej Properties Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, Karan Bolaria, sold ₹21m worth of shares at a price of ₹1,258 per share. That means that an insider was selling shares at slightly below the current price (₹1,523). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was 100% of Karan Bolaria's holding.

In the last year Godrej Properties insiders didn't buy any company stock. 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!

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Godrej Properties Boast High Insider Ownership?

Many investors like to check how much of a company is owned by 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. Godrej Properties insiders own 2.5% of the company, currently worth about ₹9.8b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Godrej Properties Insiders?

Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Godrej Properties. At Simply Wall St, we've found that Godrej Properties has 5 warning signs (1 can't be ignored!) that deserve your attention before going any further with your analysis.

Of course Godrej Properties may not be the best stock to buy. So you may wish to see this free collection of high quality 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.

If you’re looking to trade Godrej Properties, open an account with the lowest-cost* platform trusted by professionals, Interactive Brokers. Their clients from over 200 countries and territories trade stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Promoted

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.
^*Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.