Have Sasken Technologies Insiders Been Selling Stock?

Investors may wish to note that an insider of Sasken Technologies Limited, Bharat Mehta, recently netted ₹4.4m from selling stock, receiving an average price of ₹1,741. On the bright side, that's just a small sale and only reduced their holding by 0.4%.

See our latest analysis for Sasken Technologies

Sasken Technologies Insider Transactions Over The Last Year

The insider Arti Mody made the biggest insider purchase in the last 12 months. That single transaction was for ₹11m worth of shares at a price of ₹1,210 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of ₹1,757. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Over the last year, we can see that insiders have bought 10.43k shares worth ₹13m. On the other hand they divested 8.13k shares, for ₹9.3m. In the last twelve months there was more buying than selling by Sasken Technologies insiders. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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 Of Sasken Technologies

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Sasken Technologies insiders own 43% of the company, currently worth about ₹11b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Sasken Technologies Insiders?

The insider sales have outweighed the insider buying, at Sasken Technologies, in the last three months. But we take heart from prior transactions. We are also comforted by the high levels of insider ownership. So we're not too bothered by recent selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Sasken Technologies. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Sasken Technologies.

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 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.