This Insider Has Just Sold Shares In Karur Vysya Bank

Anyone interested in The Karur Vysya Bank Limited (NSE:KARURVYSYA) should probably be aware that a company insider, A. Suriyanarayana, recently divested ₹22m worth of shares in the company, at an average price of ₹223 each. However, the silver lining is that the sale only reduced their total holding by 1.9%, so we're hesitant to read anything much into it, on its own.

View our latest analysis for Karur Vysya Bank

Karur Vysya Bank Insider Transactions Over The Last Year

In fact, the recent sale by A. Suriyanarayana was the biggest sale of Karur Vysya Bank shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of ₹222. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Insiders in Karur Vysya Bank didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of Karur Vysya Bank

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. Karur Vysya Bank insiders own about ₹9.2b worth of shares (which is 5.2% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Karur Vysya Bank Tell Us?

An insider sold Karur Vysya Bank shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. But since Karur Vysya Bank is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 2 warning signs for Karur Vysya Bank you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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 of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.