Anyone interested in Panache Digilife Limited (NSE:PANACHE) should probably be aware that the Whole-Time Director, Devchand Rambhia, recently divested ₹8.5m worth of shares in the company, at an average price of ₹51.89 each. However, the silver lining is that the sale only reduced their total holding by 6.1%, so we're hesitant to read anything much into it, on its own.

See our latest analysis for Panache Digilife

The Last 12 Months Of Insider Transactions At Panache Digilife

In fact, the recent sale by Devchand Rambhia was the biggest sale of Panache Digilife shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of ₹52.00. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. 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).

Devchand Rambhia sold a total of 304000 shares over the year at an average price of ₹51.44. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Panache Digilife 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 Panache Digilife Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Panache Digilife insiders own 83% of the company, currently worth about ₹521m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Panache Digilife Tell Us?

An insider sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. 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. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.