Independent non-executive director Saurabh Srivastava has just bought a handful of shares in Info Edge (India) Limited (NSE: NAUKRI)
While it might not be a big deal, we thought it was good to see that the Info Edge (India) Limited (NSE:NAUKRI) Independent Non-Executive Director Saurabh Srivastava recently bought ₹5.0m worth of shares, for ₹5,014 per share. Still, it only increased their stake by a tiny percentage, and it wasn’t a massive buy in absolute terms either.
See our latest analysis for Info Edge (India)
Info Edge (India) Insider trades in the last year
In the past twelve months, the largest single sale by an insider was when non-executive chairman Kapil Kapoor sold ₹68 million worth of shares at a price of ₹6,850 per share. We usually don’t like insider selling, but the lower the selling price, the more we’re concerned about it. The good news is that this big sale was way above the current price of ₹4,845. It is therefore difficult to draw a solid conclusion.
In the past twelve months, insiders bought 2,09,000 shares for ₹10 million. But they sold 102.73k shares for ₹589m. In total, Info Edge (India) 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. If you want to know exactly who sold, how much and when, just click on the chart below!
I would like Info Edge (India) better if I see big insider buys. In the meantime, watch this free list of growing companies with significant and recent insider buying.
Does Info Edge (India) boast of high insider ownership?
I like to look at how many shares insiders own in a company, to help me get a sense of how aligned they are with insiders. High insider participation often makes company management more concerned with the interests of shareholders. Insiders at Info Edge (India) own approximately ₹238 billion in shares (or 38% of the company). Most shareholders would be happy to see this type of insider ownership, as it suggests that management’s incentives are well aligned with those of other shareholders.
What could insider trading at Info Edge (India) tell us?
Recent insider buying is encouraging. On the other hand, the history of transactions, over the last year, is not so positive. Recent buying by some insiders, along with high insider ownership, suggests that Info Edge (India) insiders are quite aligned and bullish. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. For example, Info Edge (India) has 3 warning signs (and 1 of concern) that we think you should know about.
Sure Info Edge (India) 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.
Feedback on this article? Concerned about content? Get in touch with us directly. You can also email the editorial team (at) Simplywallst.com.
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.