{"id":4880,"date":"2024-05-10T22:10:00","date_gmt":"2024-05-10T17:10:00","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=4880"},"modified":"2024-05-16T15:25:55","modified_gmt":"2024-05-16T10:25:55","slug":"natf-reported-multiple-insider-transactions-over-the-1st-week-of-may24","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/natf-reported-multiple-insider-transactions-over-the-1st-week-of-may24\/","title":{"rendered":"NATF reported multiple insider transactions over the 1st week of May’24"},"content":{"rendered":"\n

In multiple notifications sent to the PSX during the 1st week of May’24, National Foods Limited (NATF)<\/a> reported multiple transactions by the non-executive directors.<\/p>\n\n\n\n

The transaction was carried out by Mrs Noreen Hasan, Zahid Majeed, who are non-executive directors.<\/p>\n\n\n\n

She bought<\/strong> a total of\u00a021662 shares<\/strong>\u00a0 and sold 59300 shares<\/strong> of the company for\u00a0Rs. 170.655 per share <\/strong>on average <\/strong>. The total amount for this bought transaction stands at\u00a0Rs. 3771769.72.<\/strong> and sold amount is Rs. 10149300<\/strong>.<\/p>\n\n\n\n

Investors often interpret an insider buying stock in a company as a positive signal. It suggests that those with intimate knowledge of the company\u2019s operations and prospects believe the stock is undervalued or poised for growth, positively impacting the stock price.<\/p>\n\n\n\n

The shares of NATF<\/a> were last trading at Rs. 174.90<\/strong> today.<\/p>\n\n\n\n

Date<\/th>No of Shares<\/th>Average Rate<\/th>Status<\/th>Total Buy (Rs)<\/th>Total Sold (Rs)<\/th><\/tr><\/thead>
06-05-2024<\/td>2162<\/td>166.31<\/td>Buy<\/td>359562.22<\/td>—<\/td><\/tr>
08-05-2024<\/td>19500<\/td>175<\/td>Buy<\/td>3412207.5<\/td>—<\/td><\/tr>
09-05-2024<\/td>59300<\/td>171<\/td>Sell<\/td>—<\/td>10149300<\/td><\/tr>
Totals<\/strong><\/td>80962<\/strong><\/td>—<\/td>—<\/td>3,771,769.72<\/strong><\/td>10149300<\/strong><\/td><\/tr><\/tbody><\/table>
Source<\/strong>: KSEStocks, PSX<\/em><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

National Foods Limited (NATF) reported multiple transactions by the non-executive directors.<\/p>\n","protected":false},"author":11,"featured_media":3603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[151,1],"tags":[161],"class_list":["post-4880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insider-transactions","category-uncategorized","tag-natf"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/NATF-Insider-Transaction-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/NATF-Insider-Transaction-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/NATF-Insider-Transaction-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/NATF-Insider-Transaction.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4880","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=4880"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/4880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/3603"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=4880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=4880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=4880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}