Trade Alert: The Chairman & MD Of Dynacons Systems & Solutions Limited (NSE:DSSL), Shirish Anjaria, Has Just Spent ₹4.5m Buying 15% More Shares

Even if it's not a huge purchase, we think it was good to see that Shirish Anjaria, the Chairman & MD of Dynacons Systems & Solutions Limited (NSE:DSSL) recently shelled out ₹4.5m to buy stock, at ₹28.00 per share. That purchase might not be huge but it did increase their holding by 15%.

Check out our latest analysis for Dynacons Systems & Solutions

Dynacons Systems & Solutions Insider Transactions Over The Last Year

Notably, that recent purchase by Shirish Anjaria is the biggest insider purchase of Dynacons Systems & Solutions shares that we've seen in the last year. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of ₹71.80. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

In the last twelve months Dynacons Systems & Solutions insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Dynacons Systems & Solutions is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Dynacons Systems & Solutions

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. Dynacons Systems & Solutions insiders own about ₹392m worth of shares (which is 56% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Dynacons Systems & Solutions Insider Transactions Indicate?

The recent insider purchases are heartening. 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 Dynacons Systems & Solutions. Nice! 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 (2 don't sit too well with us!) that you ought to be aware of before buying any shares in Dynacons Systems & Solutions.

Of course Dynacons Systems & Solutions 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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