Have Infibeam Avenues Limited (NSE: INFIBEAM) insiders sold their shares?


Who is interested in Infibeam Avenues Limited (NSE: INFIBEAM) should probably be aware that a company insider, Srikanth Rajagopalan, recently sold shares in the company valued at 9.3 million yen at an average price of 46.53 yen each. Specifically, we find that the sale amounted to a 100% reduction in their position size, which doesn’t exactly inspire confidence.

Check out our latest analysis for Infibeam Avenues

The last 12 months of Insider Trading at Infibeam Avenues

The insider’s biggest single sale in the past twelve months was when the insider, Variniben Vishwaskumar Patel, sold 260 million yen of stock at a price of 55.29 yen per share. While we don’t typically see inside sales, it is more worrying when the sales are at a lower price. It is comforting that this sale was made at a price well above the current share price of 44.85 yen. So it can’t tell us anything about how insiders think of the current stock price.

In the past year, Infibeam Avenues insiders did not buy any company shares. You can see insider transactions (by companies and individuals) over the past year in the graph below. If you click on the graphic below, you can see the exact details of each insider transaction!

NSEI: INFIBEAM Insider Trading Volume September 8, 2021

I will like Infibeam Avenues better when I see some big inside buying. While we wait, take a look at this for free List of growing companies with significant insider buying recently.

Inside ownership

Another way to test the correspondence between a company’s executives and other shareholders is to see how many stocks they own. I think it’s a good sign when insiders own a significant number of shares in the company. Infibeam Avenues insiders own shares valued at approximately ₹ 33b (that’s 60% of the company). Most shareholders would be happy to have this type of insider ownership as it suggests that management’s incentives are well aligned with the other shareholders.

What do Infibeam Avenues Insider Transactions show?

Insiders recently sold, but not bought, stocks. And there have been no purchases in the last year that give us comfort. The company has high insider ownership but we are a little hesitant given the history of the share sales. In addition to knowing about insider transactions, it is beneficial to identify the risks that Infibeam Avenues is exposed to. To help with this, we discovered 2 warning signs that you should drive your eye over to get a better picture of Infibeam Avenues.

But be careful: Infibeam Avenues may not be the best stock to buy. So check this out for free List of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently account for open market transactions and private dispositions, but no derivative transactions.

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This article from Simply Wall St is of a general nature. We only provide comments based on historical data and analyst projections using an unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our goal is to provide you with long-term, focused analysis based on fundamentals. Note that our analysis may not take into account the latest company announcements or quality material, which may be sensitive to the price. Simply Wall St has no position in the stocks mentioned.
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