The Insider ownership of Cox & Kings Limited is 12.20%
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.
Cox & Kings Limited provides tours and travel services worldwide. It primarily offers destination management, outbound tourism, business travel, incentive and conference solutions, domestic holidays, and trade fairs services. The company was formerly known as Cox and Kings (India) Limited and changed its name to Cox & Kings Limited in July 2010. Cox & Kings Limited was founded in 1758 and is based in Mumbai, India.