Max Services Insider ownership
What is the Insider ownership of Max Services?
The Insider ownership of Max Financial Services Limited is 13.63%
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 Finance sector on NSE compared to Max Services
What does Max Services do?
Max Financial Services Limited, through its subsidiary, Max Life Insurance Company Limited, provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company also engages in the treasury investment activities. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.
Companies with insider ownership similar to Max Services
- Barksdale Capital has Insider ownership of 13.62%
- Richmond Mutual Bancorporation has Insider ownership of 13.63%
- Archer Materials has Insider ownership of 13.63%
- Public Storage has Insider ownership of 13.63%
- Public Storage has Insider ownership of 13.63%
- Oxford Technology VCT 4 has Insider ownership of 13.63%
- Max Services has Insider ownership of 13.63%
- The Karur Vysya Bank has Insider ownership of 13.64%
- CARE Ratings has Insider ownership of 13.64%
- Strongbridge Biopharma plc has Insider ownership of 13.64%
- Cinedigm Corp has Insider ownership of 13.64%
- Phivida has Insider ownership of 13.65%
- Millennial ESports has Insider ownership of 13.66%