Spandana Sphoorty Financial Limited’s (NSE:SPANDANA)) market cap declines to ₹31b but insiders who sold ₹168m stock were able to hedge their losses


Insiders seem to have made the most of their holdings by selling ₹168m worth of Spandana Sphoorty Financial Limited (NSE:SPANDANA) stock at an average sell price of ₹708 during the past year. After the stock price dropped 12% last week, the company’s market value declined by ₹4.4b, but insiders were able to mitigate their losses.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Spandana Sphoorty Financial

Spandana Sphoorty Financial Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Vijaya Siva Rami Vendidandi, for ₹131m worth of shares, at about ₹728 per share. We generally don’t like to see insider selling, but the lower the sale price, the more it concerns us. It’s…

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