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Trade Alert: The Executive Of Future Lifestyle Fashions Limited (NSE:FLFL), Ravi Anwekar, Has Sold Some Shares Recently
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!
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.
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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.
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About NSEI:FLFL
Future Lifestyle Fashions
Operates as an integrated fashion company in India.
Very low with weak fundamentals.