Anuradhar Kalra of Cambridge Technology Enterprises Limited (NSE:CTE) Just Spent ₹1.3m On Shares

Even if it's not a huge purchase, we think it was good to see that Anuradhar Kalra, a Cambridge Technology Enterprises Limited (NSE:CTE) insider, recently shelled out ₹1.3m to buy stock, at ₹52.20 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 18%.

Check out our latest analysis for Cambridge Technology Enterprises

Cambridge Technology Enterprises Insider Transactions Over The Last Year

Notably, that recent purchase by Anuradhar Kalra is the biggest insider purchase of Cambridge Technology Enterprises shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of ₹50.35. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. The only individual insider to buy over the last year was Anuradhar Kalra.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are plenty of other companies that have insiders buying up shares. You probably do 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. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Cambridge Technology Enterprises insiders own 14% of the company, worth about ₹141m. However, it's possible that insiders might have an indirect interest through a more complex structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Do The Cambridge Technology Enterprises Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Cambridge Technology Enterprises. One for the watchlist, at least! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Cambridge Technology Enterprises. For instance, we've identified 3 warning signs for Cambridge Technology Enterprises (1 makes us a bit uncomfortable) you should be aware of.

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. 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.