Stock Analysis

Trade Alert: The Executive Of Future Lifestyle Fashions Limited (NSE:FLFL), Ravi Anwekar, Has Sold Some Shares Recently

NSEI:FLFL
Source: Shutterstock

Investors may wish to note that the Executive of Future Lifestyle Fashions Limited, Ravi Anwekar, recently netted ₹2.2m from selling stock, receiving an average price of ₹86.37. It wasn't a huge sale, but it did reduce their holding by 43%. This does not instill confidence.

Check out our latest analysis for Future Lifestyle Fashions

The Last 12 Months Of Insider Transactions At Future Lifestyle Fashions

Notably, that recent sale by Ravi Anwekar is the biggest insider sale of Future Lifestyle Fashions shares that we've seen in the last year. That means that an insider was selling shares at around the current price of ₹83.00. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Future Lifestyle Fashions insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NSEI:FLFL Insider Trading Volume January 8th 2021

If you like to buy stocks that insiders are buying, rather than selling, then you might just love 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. Based on our data, Future Lifestyle Fashions insiders have about 1.9% of the stock, worth approximately ₹326m. However, it's possible that insiders might have an indirect interest through a more complex structure. We prefer to see high levels of insider ownership.

So What Do The Future Lifestyle Fashions Insider Transactions Indicate?

Insiders haven't bought Future Lifestyle Fashions stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. 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 Future Lifestyle Fashions. For example, Future Lifestyle Fashions has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

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.

When trading Future Lifestyle Fashions or any other investment, use the platform considered by many to be the Professional's Gateway to the Worlds Market, Interactive Brokers. You get the lowest-cost* trading on stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Promoted


New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

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.