Last week, Dillard's, Inc.'s (NYSE:DDS) stock jumped 3.3%, but insiders who sold US$480k worth of stock in over the past year are likely to be in a better position. Selling at an average price of US$320, which is higher than the current price, may have been the wisest decision for these insiders as their investment would have been worth less now than when they sold.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Dillard's
The Last 12 Months Of Insider Transactions At Dillard's
Over the last year, we can see that the biggest insider sale was by the Independent Director, J.C. Watts, for US$320k worth of shares, at about US$320 per share. That means that an insider was selling shares at around the current price of US$297. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.
In total, Dillard's insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
NYSE:DDS Insider Trading Volume September 22nd 2022
I will like Dillard's better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insider Ownership Of Dillard's
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Dillard's insiders own about US$1.3b worth of shares (which is 25% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Dillard's Insiders?
The fact that there have been no Dillard's insider transactions recently certainly doesn't bother us. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Dillard's insider transactions don't fill us with confidence. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Dillard's. Every company has risks, and we've spotted 1 warning sign for Dillard's you should know about.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
上週,Dillard‘s,Inc.(紐約證券交易所股票代碼:DDS)的股票上漲了3.3%,但過去一年中出售了價值48萬美元股票的內部人士可能處於更有利的地位。對這些內部人士來説,以320美元的平均價格出售可能是最明智的決定,因為他們現在的投資價值將低於他們出售時的價值。
儘管就長期投資而言,內幕交易並不是最重要的事情,但從邏輯上講,你應該關注內部人士是在買入還是賣出股票。
查看我們對Dillard‘s的最新分析
迪拉德最近12個月的內幕交易
過去一年,我們可以看到,最大的內幕交易是獨立董事,J.C.瓦茨,以每股320美元的價格購買了價值32萬美元的股票。這意味着一位內部人士以目前297美元的價格出售股票。我們通常不喜歡看到內幕銷售,但售價越低,我們就越擔心。考慮到這筆交易是以目前的價格進行的,這讓我們有點謹慎,但幾乎不是一個主要的擔憂。
總體而言,迪拉德的內部人士去年賣出的股票超過了他們購買的股票。你可以在下面看到過去12個月(由公司和個人)進行的內幕交易的直觀描述。如果你點擊圖表,你可以看到所有的個人交易,包括股票價格、個人和日期!
紐約證券交易所:DDS內幕交易量2022年9月22日
如果我看到一些大的內部收購,我會更喜歡迪拉德的。在我們等待的時候,看看這個免費最近有大量內幕收購的成長型公司名單。
迪拉德的內部人所有權
我喜歡看內部人士在一家公司持有多少股份,以幫助我瞭解他們與內部人士的關係。我認為,如果內部人士持有該公司大量股份,這是一個好兆頭。迪拉德的內部人士擁有價值約13億美元的股票(佔公司股份的25%)。我喜歡看到這種程度的內部人持股,因為它增加了管理層考慮股東最佳利益的機會。
那麼,這些數據對迪拉德的內部人士有什麼啟示呢?
迪拉德最近沒有內幕交易,這一事實當然不會讓我們感到困擾。令人振奮的是,內部人士持有大量股票,但我們希望看到更多的內部人士購買,因為迪拉德最後一年的內幕交易並沒有讓我們充滿信心。除了瞭解正在進行的內幕交易外,識別迪拉德面臨的風險也是有益的。每家公司都有風險,我們已經發現Dillard‘s的1個警告標誌你應該知道。
如果你更願意看看另一家公司--一家財務狀況可能更好的公司--那麼不要錯過這一點免費列出了一些有趣的公司,這些公司擁有高股本回報率和低債務。
就本文而言,內部人是指向相關監管機構報告其交易的個人。我們目前負責公開市場交易和私人處置,但不包括衍生品交易。
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。