CFO & Whole-Time Director Abhinav Kumar Just Bought 9.0% More Shares In Brand Concepts Limited (NSE:BCONCEPTS)

Whilst it may not be a huge deal, we thought it was good to see that the Brand Concepts Limited (NSE:BCONCEPTS) CFO & Whole-Time Director, Abhinav Kumar, recently bought ₹1.4m worth of stock, for ₹22.35 per share. However, it only increased their shares held by 9.0%, and it wasn't a huge purchase by absolute value, either.

See our latest analysis for Brand Concepts

Brand Concepts Insider Transactions Over The Last Year

Notably, that recent purchase by Abhinav Kumar is the biggest insider purchase of Brand Concepts shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is ₹24.60. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Brand Concepts insider decided to buy shares at close to current prices. Abhinav Kumar was the only individual insider to buy shares in the last twelve months.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company 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. It's great to see that Brand Concepts insiders own 75% of the company, worth about ₹194m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Brand Concepts Insiders?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Brand Concepts. One for the watchlist, at least! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Brand Concepts. Case in point: We've spotted 4 warning signs for Brand Concepts you should be aware of, and 2 of these don't sit too well with us.

Of course Brand Concepts 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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