SHFA reports Rs. 2 million insider transactions in the last week

In multiple notifications sent to the PSX last week, Shifa International Hospital (SHFA) reported transactions by the Senior Management.

The transactions were carried out by Muhammad Kashif Khan, Rashid Javed, Sana Zeeshan, Muhammad Zahid, Muhammad Uzair, and Zeeshan Bin Ishtiaque who are the members of the Senior Management.

They sold a total of 12300 shares of the company for Rs. 138 per share and Bought a total of 3500 shares at Rs. 135 per share.

An insider selling stock in a company can sometimes raise concerns among investors. It may suggest various reasons, such as diversification of investments, personal financial needs, or even concerns about the company’s prospects.

The shares of SHFA were last trading at Rs. 136.00 today.

📢 Announcement: We're on WhatsApp – Join Us There! 

⚠️ 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 →

Don't miss:

• Which cars are driving the rally in auto stocks?
• 5 High ROE stocks according to Topline Securities
• Why TPLP could go higher.