Majesco Insider ownership
What is the Insider ownership of Majesco?
The Insider ownership of Majesco Limited is 54.64%
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 Technology sector on NSE compared to Majesco
What does Majesco do?
Majesco Limited, together with its subsidiaries, provides cloud-based software solutions for the insurance industry in North America, Europe, and internationally. The company offers Property & Casualty Core Suite that provides core system capabilities, including policy, billing, and claims for property and casualty personal, commercial, workers' compensation, and specialty insurance; and L&A and Group Core Suite insurance software for individual, group, and voluntary benefits insurance. It also provides LifePlus Solutions for individual life, pensions, and wealth management; insurance distribution management software; Data and Analytics Platform, a business intelligence and analytics tool for claims, underwriting, policy, and billing functions; and Digital Insurance platform, a digital and micro-services based cloud-only platform solution. Majesco Limited offers software solutions for property, casualty and life, and annuity providers. In addition, it provides cloud implementation, cloud subscription, professional, and support and maintenance services. The company was formerly known as Minefields Computers Limited and changed its name to Majesco Limited in June 2015. Majesco Limited was incorporated in 2013 and is based in Navi Mumbai, India.
Companies with insider ownership similar to Majesco
- Greenland Technologies Corp has Insider ownership of 54.59%
- LoopUp plc has Insider ownership of 54.60%
- Transgene SA has Insider ownership of 54.60%
- Pyxis Tankers Inc has Insider ownership of 54.61%
- V.S. International has Insider ownership of 54.62%
- UFO Moviez India has Insider ownership of 54.62%
- Majesco has Insider ownership of 54.64%
- SIM Technology has Insider ownership of 54.64%
- Peeks Social has Insider ownership of 54.66%
- Personas Social has Insider ownership of 54.66%
- High Batteries (India) has Insider ownership of 54.66%
- Gentor Resources has Insider ownership of 54.66%
- Playmates Toys has Insider ownership of 54.66%