Investors may want to note that the CEO of Anup Engineering Limited, Rishi Kapoor, recently earned £1.2m from the sale of shares, receiving an average price of ₹798. It may not be a huge sale, but it reduced their portfolio size by 17%, which is hardly encouraging.
Check out our latest analysis for Anup Engineering
Anup Engineering Insider Transactions in the Last Year
In fact, the recent sale by CEO Rishi Kapoor was not their only sale of Anup Engineering shares this year. Previously, they made an even bigger sale of shares worth ₹-21 million at a price of ₹980 per share. While we generally don’t like to see insider selling, it’s more of a concern if the selling takes place at a lower price. The good news is that this big sale was way above the current price of ₹753, so it’s hard to draw a solid conclusion.
Over the past twelve months, insiders have bought 17,000 shares for £16m. But insiders sold 47.16k shares worth ₹43m. In total, Anup Engineering insiders sold more than they bought over the past year. You can see a visual representation of insider trading (by companies and individuals) over the past 12 months, below. By clicking on the graph below, you will be able to see the precise detail of each insider trade!
If you’re like me, then you not want to miss this free list of growing companies insiders are buying.
Another way to test alignment between a company’s executives and other shareholders is to look at how many shares they own. I think it’s a good sign if insiders have a significant number of shares in the company. From our data, it appears that Anup Engineering insiders own 6.8% of the company, worth around ₹507 million. We note, however, that insiders may have an indirect interest through a private company or other corporate structure. Overall, this level of property isn’t that impressive, but it’s definitely better than nothing!
So what do Anup Engineering’s insider trading indicate?
It is certainly positive to see the recent insider buying. However, longer-term trades are not so encouraging. Overall, we would prefer to see more sustained buying from admins, but with significant insider participation and more recent buying, Anup Engineering insiders are reasonably well aligned and optimistic for the future. In addition to knowing the insider trading taking place, it is useful to identify the risks that Anup Engineering faces. At Simply Wall St, we found 2 warning signs for Anup Engineering that deserve your attention before buying shares.
Sure Anup Engineering may not be the best stock to buy. So you might want to see this free set of high quality companies.
For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.
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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.