insiders in the Clean Technology Ltd (NSE:CLEAN) have made the most of their investments by selling shares worth Rs 9.3 lakh at an average price of Rs 1,816 per share in the past year. The company’s market cap fell by Rs 5.0 rupees after a 3.2 percent drop in its shares last week, but insiders were able to mitigate losses.
While we believe shareholders should not simply be concerned with insider trading, we do believe it is perfectly logical to keep a close eye on insider trading.
Check out our latest analysis for Cleaning Science & Technology
Clean Science and Technology insider transactions over the last 12 months
The volume of individual transactions last year was not large, but some transactions can still be observed.
Overall, Clean Science and Technology insiders sold more shares than they bought in the last year. The chart below shows insider trading by company and individual over the last year. If you want to know exactly who sold, how much and when, just click the image below!
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Insider ownership of clean science and technology
Another way to test the alignment between a company’s leaders and other shareholders is to look at how many shares they own. In general, the higher the insider ownership, the more likely the insiders will be motivated to build the company over the long term. Clean Science and Technology insiders own 79% of the company, which is currently worth around Rs 119b based on recent share prices. I like to see this level of insider ownership because it increases the chances that management has the best interests of shareholders in mind.
What might Clean Science and Technology’s insider trading tell us?
There hasn’t been any insider trading in the past three months — which doesn’t mean much. It’s good to see high levels of insider ownership, but looking back over the past year, we don’t take confidence from the Clean Science and Technology insider sell-off. So these insider trades can help us build our thesis about the stock, but it’s also worth understanding the risks this company faces.For example – clean technology has 1 warning sign We think you should know.
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For the purposes of this article, an insider is an individual who reports their transactions to the relevant regulator. We currently consider open market transactions and private dispositions, but not derivatives transactions.
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