Have Insiders Sold Prozone Intu Properties Limited (NSE:PROZONINTU) Shares Recently?

Investors may wish to note that an insider of Prozone Intu Properties Limited, Akhil Chaturvedi, recently netted ₹1.1m from selling stock, receiving an average price of ₹20.38. On the bright side, that's just a small sale and only reduced their holding by 2.5%.

View our latest analysis for Prozone Intu Properties

Prozone Intu Properties Insider Transactions Over The Last Year

Notably, that recent sale by insider Akhil Chaturvedi was not the only time they sold Prozone Intu Properties shares this year. They previously made an even bigger sale of -₹1.5m worth of shares at a price of ₹18.73 per share. That means that an insider was selling shares at slightly below the current price (₹19.55). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was only 3.5%of Akhil Chaturvedi's holding.

Akhil Chaturvedi sold a total of 323.07k shares over the year at an average price of ₹18.43. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like Prozone Intu Properties 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 Prozone Intu Properties 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. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Prozone Intu Properties insiders own 32% of the company, worth about ₹974m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Prozone Intu Properties Tell Us?

An insider sold Prozone Intu Properties shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 4 warning signs for Prozone Intu Properties you should be aware of, and 1 of them makes us a bit uncomfortable.

Of course Prozone Intu 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.

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