GB Global Insider ownership
What is the Insider ownership of GB Global?
The Insider ownership of GB Global Limited is 34.55%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Consumer Discretionary sector on NSE compared to GB Global
What does GB Global do?
GB Global Limited manufactures and sells textiles and garments in India. The company is involved in the yarn dyeing, weaving, printing, and processing activities. It also exports its products. The company was formerly known as Mandhana Industries Limited and changed its name to GB Global Limited in August 2019. GB Global Limited was incorporated in 1984 and is based in Mumbai, India.
Companies with insider ownership similar to GB Global
- Ming Lam has Insider ownership of 34.51%
- Bank Of South Carolina has Insider ownership of 34.51%
- Telecom Italia S.p.A has Insider ownership of 34.52%
- PlanetMedia SA has Insider ownership of 34.54%
- Probiotec has Insider ownership of 34.54%
- Lindsay Australia has Insider ownership of 34.54%
- GB Global has Insider ownership of 34.55%
- Research Solutions has Insider ownership of 34.56%
- Assure has Insider ownership of 34.58%
- Stern Groep NV has Insider ownership of 34.59%
- Sunoco LP has Insider ownership of 34.59%
- Elixxer has Insider ownership of 34.59%
- Euroz has Insider ownership of 34.60%