We note that a Indian Energy Exchange Limited (NSE:IEX) insider, Akhilesh Awasthy, recently sold ₹2.2m worth of stock for ₹135 per share. However we note that the sale only shrunk their holding by 6.6%.
Indian Energy Exchange Insider Transactions Over The Last Year
While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.
We note that in the last year insiders divested 330331 shares for a total of ₹53m. Indian Energy Exchange insiders didn't buy any shares over the last year. You can see the insider transactions (by individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
I will like Indian Energy Exchange 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 Indian Energy Exchange 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. From looking at our data, insiders own ₹166m worth of Indian Energy Exchange stock, about 0.5% of the company. But they may have an indirect interest through a corporate structure that we haven't picked up on. We consider this fairly low insider ownership.
So What Do The Indian Energy Exchange Insider Transactions Indicate?
Insiders haven't bought Indian Energy Exchange 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, Indian Energy Exchange makes money, and is growing profits. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Indian Energy Exchange.
Of course Indian Energy Exchange 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.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.