With Moksh Ornaments Limited’s (NSE:MOKSH)) price down 11% this week, insiders might find some solace having sold ₹181m worth of shares earlier this year.

Over the past year, insiders sold ₹181m worth of Moksh Ornaments Limited (NSE:MOKSH) stock at an average price of ₹34.12 per share allowing them to get the most out of their money. The company’s market cap plunged by ₹113m after price dropped by 11% last week but insiders were able to limit their loss to an extent.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Moksh Ornaments

The Last 12 Months Of Insider Transactions At Moksh Ornaments

Over the last year, we can see that the biggest insider sale was by the Whole-Time Director, Jawanmal Shah, for ₹41m worth of shares, at about ₹35.68 per share. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. It’s of some comfort that this sale was conducted at a price well above the current share price, which is ₹17.80. So it may not shed much light on insider confidence at current levels.

Moksh Ornaments insiders didn’t buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Moksh Ornaments insiders own 62% of the company, currently worth about ₹593m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Moksh Ornaments Tell Us?

The fact that there have been no Moksh Ornaments insider transactions recently certainly doesn’t bother us. It’s heartening that insiders own plenty of stock, but we’d like to see more insider buying, since the last year of Moksh Ornaments insider transactions don’t fill us with confidence. 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. While conducting our analysis, we found that Moksh Ornaments has 3 warning signs and it would be unwise to ignore them.

But note: Moksh Ornaments 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. 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.