Have Insiders Sold Oracle Financial Services Software Shares Recently?

We wouldn't blame Oracle Financial Services Software Limited (NSE:OFSS) shareholders if they were a little worried about the fact that S. Padalkar, the CEO, MD & Executive Director recently netted about ₹60m selling shares at an average price of ₹11,422. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 5.4%.

View our latest analysis for Oracle Financial Services Software

Oracle Financial Services Software Insider Transactions Over The Last Year

Notably, that recent sale by S. Padalkar is the biggest insider sale of Oracle Financial Services Software 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 ₹11,393. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

All up, insiders sold more shares in Oracle Financial Services Software than they bought, over the last year. 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!

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Oracle Financial Services Software insiders own about ₹4.0b worth of shares. That equates to 0.4% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Oracle Financial Services Software Insiders?

The insider sales have outweighed the insider buying, at Oracle Financial Services Software, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. But since Oracle Financial Services Software is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. 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. You'd be interested to know, that we found 2 warning signs for Oracle Financial Services Software and we suggest you have a look.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.