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Whilst it may not be a huge deal, we thought it was good to see that Shilpa Mittal, who is a company insider, recently bought ₹1.1m worth of stock, for ₹13.90 per share. However, it only increased their shares held by 8.1%, and it wasn’t a huge purchase by absolute value, either.
Check out our latest analysis for United Polyfab Gujarat
United Polyfab Gujarat Insider Transactions Over The Last Year
There wasn’t any very large single transaction over the last year, but we can still observe some trading.
United Polyfab Gujarat insiders may have bought shares in the last year, but they didn’t sell any. 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!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Insider Ownership of United Polyfab Gujarat
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 United Polyfab Gujarat insiders own 36% of the company, worth about ₹106m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At United Polyfab Gujarat Tell Us?
It’s certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. But we don’t feel the same about the fact the company is making losses. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about United Polyfab Gujarat. Nice! So while it’s helpful to know what insiders are doing in terms of buying or selling, it’s also helpful to know the risks that a particular company is facing. When we did our research, we found 3 warning signs for United Polyfab Gujarat (2 can’t be ignored!) that we believe deserve your full attention.
But note: United Polyfab Gujarat may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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. 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.
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