In This Article:
Investors may wish to note that an insider of Cholamandalam Investment and Finance Company Limited, Babu V., recently netted ₹1.6m from selling stock, receiving an average price of ₹302. It wasn't a huge sale, but it did reduce their holding by 22%. This does not instill confidence.
View our latest analysis for Cholamandalam Investment and Finance
The Last 12 Months Of Insider Transactions At Cholamandalam Investment and Finance
Over the last year, we can see that the biggest insider sale was by the insider, M. V. Subbiah, for ₹231m worth of shares, at about ₹306 per share. That means that an insider was selling shares at below the current price (₹311). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 38% of M. V. Subbiah's stake.
In the last twelve months insiders netted ₹622m for 2253100 shares sold. Insiders in Cholamandalam Investment and Finance didn't buy any shares in the last year. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Cholamandalam Investment and Finance insiders own 1.6% of the company, worth about ₹3.9b. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Cholamandalam Investment and Finance Tell Us?
An insider sold stock recently, but they haven't been buying. And even if we look to the last year, we didn't see any purchases. On the plus side, Cholamandalam Investment and Finance makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Cholamandalam Investment and Finance.
Of course Cholamandalam Investment and Finance may not be the best stock to buy. So you may wish to see this free collection of high quality companies.