SEARL insider transactions worth Rs.924 million in April
In a notification sent to the PSX on 26/04/2024, The Searle Company Limited (SEARL) reported some insider transactions.
The transaction was carried out by a director and substantial shareholders, who are a key figure in the company.
They both bought and sold a total of 16,701,020 shares of the company.
📢 Announcement: We're Moving to Discord – Join Us There!Â
Â
Hi everyone! đź‘‹
To improve your experience and offer additional features, we’re moving our community from WhatsApp to Discord!
Here’s what you’ll get on Discord:
✅ Research Reports Channel – Access a regularly updated compilation of valuable research reports
✅ PSX24/7 Bot – Ask anything about the PSX and get instant insights powered by KSEStocks historical data
✅ Organized Channels – Separate spaces for discussions, news, reports, and more
✅ Better Notifications – Control what you see and when
✅ Smoother Interaction – Easier to follow and participate in conversations
âś… Organized trading ideas - trading ideas that you can discuss and keep track of
Join now 👉 https://discord.gg/kST9hWjS
Â
Â
The total amount for this transaction stands at Rs. 924,688,448.60.
An insider buying and selling stock in a company can be interpreted as a significant event by investors. It suggests that those with intimate knowledge of the company’s operations and prospects believe the stock is either undervalued or poised for growth, potentially leading to a positive impact on the stock price.
Company | Date | Buy | – | Sell | Share Rate | Amount in Total |
---|---|---|---|---|---|---|
SEARL | 1 April 2024 | 160 | 52.96 | 8473.60 | ||
SEARL | 2 April 2024 | 200 | 52.55 | 10510.00 | ||
SEARL | 2 April 2024 | 260 | 52.10 | 13526.00 | ||
SEARL | 8 April 2024 | 5000000 | 57.76 | 288800000.00 | ||
SEARL | 9 April 2024 | 300 | 62.09 | 18627.00 | ||
SEARL | 24 April 2024 | 400 | 56.62 | 22648.00 | ||
SEARL | 24 April 2024 | 850000 | 58.50 | 49725000.00 | ||
SEARL | 25 April 2024 | 5000000 | 56.50 | 282500000.00 | ||
SEARL | 25 April 2024 | 5850000 | 56.16 | 328296000.00 | ||
SEARL | 25 April 2024 | 200 | 55.95 | 11190.00 | ||
Total | —– | 1020 | 16700000 | —– | 924688448.60 |
The shares of SEARL were last trading at Rs. 57.27 today.
Don't miss:
- Which cars are driving the rally in auto stocks?
- Is DGKC going to Rs. 240?
- Why TPLP could go higher.
Â
⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →
Leave a Reply