Have Insiders Sold The Ramco Cements Limited (NSE:RAMCOCEM) Shares Recently?

Some The Ramco Cements Limited (NSE:RAMCOCEM) shareholders may be a little concerned to see that insider R. Ramalakshmi recently sold a substantial ₹60m worth of stock at a price of ₹799 per share. However, it’s crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 3.9%.

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Ramco Cements Insider Transactions Over The Last Year

Notably, that recent sale by R. Ramalakshmi is the biggest insider sale of Ramco Cements shares that we’ve seen in the last year. That means that an insider was selling shares at around the current price of ₹763. While we don’t usually like to see insider selling, it’s more concerning if the sales take place 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).

R. Ramalakshmi divested 85.00k shares over the last 12 months at an average price of ₹792. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like Ramco Cements 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 Ramco Cements Boast High 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. It appears that Ramco Cements insiders own 3.2% of the company, worth about ₹5.8b. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Ramco Cements Insiders?

An insider sold Ramco Cements shares recently, but they didn’t buy any. Looking to the last twelve months, our data doesn’t show any insider buying. But it is good to see that Ramco Cements is growing earnings. 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. So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Ramco Cements has 3 warning signs and it would be unwise to ignore them.

Of course Ramco Cements 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.

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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.