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Investors may wish to note that the Chairman & MD of Silver Touch Technologies Limited, Vipul Thakkar, recently netted ₹5.8m from selling stock, receiving an average price of ₹645. On the bright side, that’s just a small sale and only reduced their holding by 0.3%.

Check out our latest analysis for Silver Touch Technologies

The Last 12 Months Of Insider Transactions At Silver Touch Technologies

Notably, that recent sale by Chairman & MD Vipul Thakkar was not the only time they sold Silver Touch Technologies shares this year. They previously made an even bigger sale of -₹6.9m worth of shares at a price of ₹683 per share. So what is clear is that an insider saw fit to sell at around the current price of ₹649. 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).

Over the last year we saw more insider selling of Silver Touch Technologies shares, than buying. 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!

insider-trading-volume
NSEI:SILVERTUC Insider Trading Volume March 22nd 2024

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Silver Touch Technologies insiders own about ₹6.6b worth of shares (which is 80% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Silver Touch Technologies Insiders?

An insider hasn’t bought Silver Touch Technologies stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn’t make us feel much more positive. On the plus side, Silver Touch Technologies makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. 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. For example – Silver Touch Technologies has 2 warning signs we think you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

Valuation is complex, but we’re helping make it simple.

Find out whether Silver Touch Technologies is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.



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