The Chief Govt Officer of Escorts Development Tools of Escorts Restricted (NSE:ESCORTS), Ajay Mandahr, Simply Bought 50% Of Their Holding
We find that the Escorts Limited (NSE: ESCORTS) Ajay Mandahr, Chief Executive Officer of Escorts Construction Equipment, recently sold £ 2.7 million of shares for £ 1,371 per share. It might not have been a big sale, but it reduced the farm size by 50%, which was hardly encouraging.
Check out our latest analysis for escorts
The last 12 months of insider transactions with escorts
Last year we saw the biggest insider sale made by corporate marketing and branding communications leader Sharad Gupta for £ 24m worth of stock at around £ 1,250 per share. That said, even if the share price was below the current price of £ 1,288, an insider wanted to redeem some shares. We generally consider it negative for insiders to have sold, especially if they did so below the current price, as it implies that they considered a lower price to be reasonable. Please note, however, that sellers can sell for a variety of reasons, so we do not know exactly what they think of the stock price. We find that the largest single sale was 100% Sharad Gupta.
Overall, insiders sold more shares in escorts than they bought last year. The following table shows the insider transactions (by companies and individuals) over the past year. If you want to know exactly who sold how much and when, just click on the graphic below!
NSEI: ESCORTS Insider Trading Volume April 1, 2021
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Does escorts have high insider ownership?
I like to look at how many stocks insiders own in a company to get my point of view on how well they are connected to insiders. A high level of insider responsibility often leads to corporate management taking greater account of the interests of shareholders. Escort Insiders own roughly £ 10 billion worth of stocks (that’s 6.0% of the company). This type of significant insider involvement generally increases the likelihood that the company will be run in the best interests of all shareholders.
What does this data suggest about escort insiders?
Insiders haven’t bought any Escort stock in the past three months, but there have been some sales. When we zoom out, the longer-term picture doesn’t give us much comfort. On the positive side, Escorts makes money and increases profits. The company has a high level of inside exposure, 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 escorts are exposed to. For example – has escorts 2 warning signs We think you should be aware of this.
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For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently consider open market transactions and private sales, but not derivative transactions.
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