Stock Analysis

Kubeir Khera Is The Chief Marketing Officer of Indiabulls Real Estate Limited (NSE:IBREALEST) And They Just Sold 47% Of Their Shares

NSEI:EMBDL
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Anyone interested in Indiabulls Real Estate Limited (NSE:IBREALEST) should probably be aware that the Chief Marketing Officer, Kubeir Khera, recently divested ₹13m worth of shares in the company, at an average price of ₹76.74 each. The eyebrow raising move amounted to a reduction of 47% in their holding.

See our latest analysis for Indiabulls Real Estate

Indiabulls Real Estate Insider Transactions Over The Last Year

Notably, that recent sale by Kubeir Khera is the biggest insider sale of Indiabulls Real Estate shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even below the current price of ₹78.40. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 47%of Kubeir Khera's holding.

In the last year Indiabulls Real Estate insiders didn't buy any company stock. 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!

insider-trading-volume
NSEI:IBREALEST Insider Trading Volume January 7th 2021

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Does Indiabulls Real Estate Boast High 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. Insiders own 8.2% of Indiabulls Real Estate shares, worth about ₹2.9b. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Indiabulls Real Estate Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. 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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Indiabulls Real Estate. Case in point: We've spotted 2 warning signs for Indiabulls Real Estate you should be aware of.

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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