Have Insiders Sold Annapurna Swadisht Shares Recently?

We wouldn't blame Annapurna Swadisht Limited (NSE:ANNAPURNA) shareholders if they were a little worried about the fact that Ritesh Shaw, a company insider, recently netted about ₹44m selling shares at an average price of ₹436. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 1.3%.

View our latest analysis for Annapurna Swadisht

The Last 12 Months Of Insider Transactions At Annapurna Swadisht

Notably, that recent sale by Ritesh Shaw is the biggest insider sale of Annapurna Swadisht shares that we've seen in the last year. That means that an insider was selling shares at around the current price of ₹412. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Insiders in Annapurna Swadisht didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Annapurna Swadisht insiders own 50% of the company, currently worth about ₹3.8b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Annapurna Swadisht Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Annapurna Swadisht makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 5 warning signs (2 can't be ignored!) that you ought to be aware of before buying any shares in Annapurna Swadisht.

Of course Annapurna Swadisht 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 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.