{"id":4396,"date":"2024-04-26T20:55:00","date_gmt":"2024-04-26T15:55:00","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=4396"},"modified":"2024-05-17T17:37:52","modified_gmt":"2024-05-17T12:37:52","slug":"searl-insider-transactions-worth-rs-924-million-in-april","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/searl-insider-transactions-worth-rs-924-million-in-april\/","title":{"rendered":"SEARL insider transactions worth Rs.924 million in April"},"content":{"rendered":"\n<p>In a notification sent to the PSX on 26\/04\/2024, The Searle Company Limited (SEARL) reported some insider transactions.<\/p>\n\n\n\n<p>The transaction was carried out by a director and substantial shareholders, who are a key figure in the company.<\/p>\n\n\n\n<p>They both bought and sold a total of<strong> 16,701,020 shares<\/strong> of the company.<\/p>\n\n\n\n<p>The total amount for this transaction stands at <strong>Rs. 924,688,448.60.<\/strong><\/p>\n\n\n\n<p>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\u2019s operations and prospects believe the stock is either undervalued or poised for growth, potentially leading to a positive impact on the stock price.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><th>Company<\/th><th>Date<\/th><th>Buy<\/th><th>&#8211;<\/th><th>Sell<\/th><th>Share Rate<\/th><th>Amount in Total<\/th><\/tr><\/thead><tbody><tr><td>SEARL<\/td><td>1 April 2024<\/td><td>160<\/td><td><\/td><td><\/td><td>52.96<\/td><td>8473.60<\/td><\/tr><tr><td>SEARL<\/td><td>2 April 2024<\/td><td>200<\/td><td><\/td><td><\/td><td>52.55<\/td><td>10510.00<\/td><\/tr><tr><td>SEARL<\/td><td>2 April 2024<\/td><td>260<\/td><td><\/td><td><\/td><td>52.10<\/td><td>13526.00<\/td><\/tr><tr><td>SEARL<\/td><td>8 April 2024<\/td><td><\/td><td><\/td><td>5000000<\/td><td>57.76<\/td><td>288800000.00<\/td><\/tr><tr><td>SEARL<\/td><td>9 April 2024<\/td><td><\/td><td><\/td><td>300<\/td><td>62.09<\/td><td>18627.00<\/td><\/tr><tr><td>SEARL<\/td><td>24 April 2024<\/td><td>400<\/td><td><\/td><td><\/td><td>56.62<\/td><td>22648.00<\/td><\/tr><tr><td>SEARL<\/td><td>24 April 2024<\/td><td><\/td><td><\/td><td>850000<\/td><td>58.50<\/td><td>49725000.00<\/td><\/tr><tr><td>SEARL<\/td><td>25 April 2024<\/td><td><\/td><td><\/td><td>5000000<\/td><td>56.50<\/td><td>282500000.00<\/td><\/tr><tr><td>SEARL<\/td><td>25 April 2024<\/td><td><\/td><td><\/td><td>5850000<\/td><td>56.16<\/td><td>328296000.00<\/td><\/tr><tr><td>SEARL<\/td><td>25 April 2024<\/td><td>200<\/td><td><\/td><td><\/td><td>55.95<\/td><td>11190.00<\/td><\/tr><tr><td><strong>Total<\/strong><\/td><td>&#8212;&#8211;<\/td><td><strong>1020<\/strong><\/td><td><\/td><td><strong>16700000<\/strong><\/td><td>&#8212;&#8211;<\/td><td><strong>924688448.60<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>The shares of SEARL were last trading at <strong>Rs. 57.27<\/strong> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEARL reported a transaction by the executive directors<\/p>\n","protected":false},"author":11,"featured_media":4397,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[151],"tags":[162],"class_list":["post-4396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insider-transactions","tag-searl"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/SEARL-Insider-Transaction-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/SEARL-Insider-Transaction-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/SEARL-Insider-Transaction-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/SEARL-Insider-Transaction.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=4396"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/4397"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=4396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=4396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=4396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}