Ravi Begur Is The Senior General Manager of Mahindra Logistics Limited (NSE:MAHLOG) And They Just Sold 31% Of Their Shares

By
Simply Wall St
Published
November 29, 2021
NSEI:MAHLOG
Source: Shutterstock

Anyone interested in Mahindra Logistics Limited (NSE:MAHLOG) should probably be aware that the Senior General Manager, Ravi Begur, recently divested ₹8.4m worth of shares in the company, at an average price of ₹750 each. That sale was 31% of their holding, so it does make us raise an eyebrow.

See our latest analysis for Mahindra Logistics

The Last 12 Months Of Insider Transactions At Mahindra Logistics

Over the last year, we can see that the biggest insider sale was by the insider, Seema Bhaskar, for ₹15m worth of shares, at about ₹727 per share. So we know that an insider sold shares at around the present share price of ₹675. 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).

In the last year Mahindra Logistics insiders didn't buy any company stock. 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!

insider-trading-volume
NSEI:MAHLOG Insider Trading Volume November 30th 2021

I will like Mahindra Logistics 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 Mahindra Logistics 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 2.1% of Mahindra Logistics shares, worth about ₹1.0b. 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 Do The Mahindra Logistics Insider Transactions Indicate?

Insiders haven't bought Mahindra Logistics stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Mahindra Logistics makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Case in point: We've spotted 2 warning signs for Mahindra Logistics you should be aware of.

Of course Mahindra Logistics 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.

Discounted cash flow calculation for every stock

Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. It’s FREE.

Make Confident Investment Decisions

Simply Wall St's Editorial Team provides unbiased, factual reporting on global stocks using in-depth fundamental analysis.
Find out more about our editorial guidelines and team.