Genus Power Infrastructures Sees Insider Stock Selling

Viewing insider transactions for Genus Power Infrastructures Limited's (NSE:GENUSPOWER ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Genus Power Infrastructures

The Last 12 Months Of Insider Transactions At Genus Power Infrastructures

In the last twelve months, the biggest single sale by an insider was when the Non Executive Non-Independent Vice Chairman, Kailash Agarwal, sold ₹89m worth of shares at a price of ₹280 per share. That means that an insider was selling shares at around the current price of ₹274. 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). Kailash Agarwal was the only individual insider to sell over the last year.

Happily, we note that in the last year insiders paid ₹550k for 2.30k shares. But insiders sold 318.22k shares worth ₹89m. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Genus Power Infrastructures better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Does Genus Power Infrastructures Boast High 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. We usually like to see fairly high levels of insider ownership. Genus Power Infrastructures insiders own about ₹29b worth of shares (which is 38% 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 Do The Genus Power Infrastructures Insider Transactions Indicate?

The fact that there have been no Genus Power Infrastructures insider transactions recently certainly doesn't bother us. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the Genus Power Infrastructures insiders selling. 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. At Simply Wall St, we found 3 warning signs for Genus Power Infrastructures that deserve your attention before buying any shares.

Of course Genus Power Infrastructures 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 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.