The fact that multiple Costco Wholesale Corporation (NASDAQ:COST) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Costco Wholesale
Costco Wholesale Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the Executive VP & COO of International Division, James Murphy, for US$2.8m worth of shares, at about US$559 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$472. So it may not shed much light on insider confidence at current levels.
In total, Costco Wholesale insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
NasdaqGS:COST Insider Trading Volume October 2nd 2022
I will like Costco Wholesale better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insiders At Costco Wholesale Have Sold Stock Recently
The last three months saw significant insider selling at Costco Wholesale. In total, insiders dumped US$1.4m worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.
Does Costco Wholesale Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Costco Wholesale insiders own 0.2% of the company, currently worth about US$519m based on the recent share price. 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 Do The Costco Wholesale Insider Transactions Indicate?
Insiders haven't bought Costco Wholesale stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since Costco Wholesale is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Costco Wholesale.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.
事實上,有多個好市多批發公司納斯達克(Sequoia Capital:COST)內部人士在過去一年中拋售了相當數量的股票,可能會讓投資者感到驚訝。在分析內幕交易時,通常更有價值的是知道內部人士是否在買入,而不是知道他們是否在賣出,因為後者發出了一個模稜兩可的信息。然而,如果有幾個內部人士在特定時間段內出售股票,股東們應該更深入地研究一下。
雖然我們永遠不會建議投資者應該完全根據公司董事的所作所為做出決定,但我們確實認為,密切關注內部人士的所作所為是完全合乎邏輯的。
查看我們對Costco批發的最新分析
去年Costco批發內幕交易
過去一年,我們可以看到,最大的內幕出售是國際部門執行副總裁兼首席運營官詹姆斯·墨菲,以每股559美元的價格購買了價值280萬美元的股票。雖然我們通常不喜歡看到內幕出售,但如果以更低的價格出售,人們更擔心的是。令人欣慰的是,這次出售的價格遠遠高於目前472美元的股價。因此,在目前的水平上,這可能不會讓人對內部人士的信心有太多瞭解。
總體而言,Costco Wholesale內部人士去年賣出的東西多於他們購買的東西。你可以看到過去一年的內幕交易(由公司和個人),如下圖所示。如果你想知道到底是誰賣了,賣了多少錢,什麼時候賣的,只需點擊下面的圖表!
NasdaqGS:成本內幕交易量2022年10月2日
如果我看到一些大的內部收購,我會更喜歡Costco Wholesale。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。
Costco Wholesale的內部人士最近拋售了股票
在過去的三個月裏,Costco Wholesale出現了大量內幕銷售。在此期間,內部人士總共拋售了價值140萬美元的股票,而我們沒有記錄任何買入。這可能表明,一些內部人士認為這些股票並不便宜。
Costco Wholesale是否擁有高度的內部人持股?
許多投資者喜歡查看一家公司有多少股份是由內部人士持有的。內部人持股比例較高往往會讓公司領導層更加關注股東利益。Costco Wholesale內部人士擁有該公司0.2%的股份,根據最近的股價,目前價值約為5.19億美元。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,Costco Wholesale Insider交易表明了什麼?
過去三個月,內部人士沒有買入Costco Wholesale股票,但出現了一些拋售。儘管有一些內部人士買入,但更長期的前景並沒有讓我們感覺更積極。但由於Costco Wholesale是盈利的,而且還在增長,我們並不太擔心這一點。該公司號稱擁有很高的內部人持股比例,但考慮到股票出售的歷史,我們有點猶豫。因此,這些內幕交易可以幫助我們建立一個關於股票的論文,但瞭解這家公司面臨的風險也是值得的。為了幫助這一點,我們發現1個警告標誌你應該掃視一下才能更清楚地看到Costco Wholesale
當然了,如果你把目光投向別處,你可能會發現這是一筆很棒的投資。所以讓我們來看看這個免費有趣的公司名單。
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。