Chief Financial Officer Chandra Toshniwal Just Sold A Bunch Of Shares In Future Retail Limited (NSE:FRETAIL)

Investors may wish to note that the Chief Financial Officer of Future Retail Limited, Chandra Toshniwal, recently netted ₹5.5m from selling stock, receiving an average price of ₹77.18. While that isn't a lot of money, it was a substantial 100% of their holding, so certainly isn't a good sign.

See our latest analysis for Future Retail

Future Retail Insider Transactions Over The Last Year

In fact, the recent sale by Chandra Toshniwal was the biggest sale of Future Retail shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at below the current price (₹77.25). 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. 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 100% of Chandra Toshniwal's holding.

Insiders in Future Retail didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our information indicates that Future Retail insiders own about ₹30m worth of shares. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. This level of insider ownership is notably low, and not very encouraging.

So What Does This Data Suggest About Future Retail Insiders?

An insider sold Future Retail shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Future Retail. For instance, we've identified 4 warning signs for Future Retail (2 make us uncomfortable) you should be aware of.

Of course Future Retail 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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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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