Don’t Ignore the Fact This Insider Just Sold Shares of Clean Science and Technology Limited (NSE:CLEAN)


We note that a Clean Science and Technology Limited (NSE:CLEAN) insider, Warekar Hindurao, recently sold for ₹1.2 million shares for ₹1,785 per share. It may not be a huge sale, but it reduced their portfolio size by 49%, which is hardly encouraging.

However, if you prefer to see where opportunities and risks are within CLEAN’s industryyou can consult our analysis on the IN Chemicals industry.

The last 12 months of insider trading at Clean Science and Technology

Although there have been no material insider trades in the last twelve months, it is still worth reviewing the trades.

In total, clean science and technology insiders have sold more than they bought over the past year. You can see a visual representation of insider trading (by companies and individuals) over the past 12 months, below. If you want to know exactly who sold, how much and when, just click on the chart below!

NSEI:CLEAN Insider Trading Volume September 11, 2022

I’ll appreciate clean science and technology more if I see big insider buys. In the meantime, watch this free list of growing companies with significant and recent insider buying.

Does clean science and technology boast of strong insider ownership?

Many investors like to check how much a company is owned by insiders. Usually, the higher the insider ownership, the more likely insiders will be incentivized to build the company for the long term. Great to see that Clean Science and Technology insiders own 79% of the company, worth around ₹161 billion. This type of significant insider ownership generally increases the chances that the company will be run in the best interests of all shareholders.

What could insider trading tell us at Clean Science and Technology?

Insiders haven’t bought shares of Clean Science and Technology in the past three months, but there have been some sales. Zooming out, the longer term image doesn’t give us much comfort. But it’s good to see that clean science and technology are increasing their profits. It’s good to see strong insider ownership, but insider selling leaves us cautious. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. You would be interested to know that we have found 1 clean science and technology warning sign and we suggest you take a look.

Sure Clean science and technology may not be the best stocks to buy. So you might want to see this free set of high quality companies.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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