Have Affordable Robotic & Automation Insiders Been Selling Stock?

Anyone interested in Affordable Robotic & Automation Limited (NSE:AFFORDABLE) should probably be aware that the Chairman of the Board & MD, Milind Padole, recently divested ₹16m worth of shares in the company, at an average price of ₹273 each. On the bright side, that sale was only 1.3% of their holding, so we doubt it's very meaningful, on its own.

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Affordable Robotic & Automation Insider Transactions Over The Last Year

Notably, that recent sale by Milind Padole is the biggest insider sale of Affordable Robotic & Automation shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of ₹249. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

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

View our latest analysis for Affordable Robotic & Automation

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Does Affordable Robotic & Automation Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Affordable Robotic & Automation insiders own about ₹2.0b worth of shares (which is 71% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Affordable Robotic & Automation Insiders?

An insider hasn't bought Affordable Robotic & Automation stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To help with this, we've discovered 4 warning signs (3 are significant!) that you ought to be aware of before buying any shares in Affordable Robotic & Automation.

But note: Affordable Robotic & Automation may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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 of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.