Insiders At Materion Sold US$1.2m In Stock, Alluding To Potential Weakness
Insiders At Materion Sold US$1.2m In Stock, Alluding To Potential Weakness
Quite a few Materion Corporation (NYSE:MTRN) insiders sold their shares over the past year, which may be a cause for concern. 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.
在過去的一年中，不少Materion Corporation（紐約證券交易所代碼：MTRN）內部人士出售了股票，這可能令人擔憂。在分析內幕交易時，了解內部人士是否在買入通常比知道他們是否在賣出更有價值，因爲後者發出的信息模棱兩可。但是，股東應更深入地研究是否有幾位內部人士在特定時間段內出售股票。
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
儘管我們認爲股東不應簡單地關注內幕交易，但我們確實認爲密切關注內部人士的所作所爲是完全合乎邏輯的。
The Last 12 Months Of Insider Transactions At Materion
Materion 過去 12 個月的內幕交易
In the last twelve months, the biggest single sale by an insider was when the VP, General Counsel & Secretary, Gregory Chemnitz, sold US$401k worth of shares at a price of US$135 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$121. So it is hard to draw any strong conclusion from it.
在過去的十二個月中，內部人士最大的一次出售是副總裁、總法律顧問兼秘書格雷戈裏·開姆尼茨以每股135美元的價格出售了價值40.1萬美元的股票。儘管內幕拋售是負面的，但對我們來說，如果以較低的價格出售股票，則負面影響更大。好消息是，此次大宗銷售遠高於當前的121美元價格。因此，很難從中得出任何強有力的結論。
In the last year Materion insiders didn't buy any company stock. 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!
去年，Materion內部人士沒有購買任何公司股票。您可以看到下圖所示的去年的內幕交易（公司和個人）。如果你想確切地知道誰賣了、賣了多少以及何時出售，只需點擊下圖！
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
如果你像我一樣，那麼你不會想錯過這份業內人士正在收購的成長型公司的免費名單。
Insiders At Materion Have Sold Stock Recently
Materion 的內部人士最近賣出了股票
Over the last three months, we've seen significant insider selling at Materion. Specifically, insiders ditched US$666k worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.
在過去的三個月中，我們看到了Materion的大量內幕拋售。具體而言，內部人士在那段時間拋售了價值66.6萬美元的股票，我們沒有記錄任何購買記錄。有鑑於此，很難說所有內部人士都認爲股票很划算。
Insider Ownership Of Materion
Materion 的內部所有權
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 1.4% of Materion shares, worth about US$35m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
查看公司的內部持股總量可以幫助你了解他們是否與普通股股東保持一致。通常，內部人士的所有權越高，內部人士長期建立公司的可能性就越大。內部人士擁有Materion1.4％的股份，價值約3500萬美元。這種內部所有權水平不錯，但還沒有特別突出。這無疑表明了一定程度的一致性。
What Might The Insider Transactions At Materion Tell Us?
Materion的內幕交易能告訴我們什麼？
Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Materion makes money, and is growing profits. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Materion. For example - Materion has 2 warning signs we think you should be aware of.
內部人士最近出售了股票，但他們一直沒有買入。展望過去的十二個月，我們的數據並未顯示任何內幕買盤。從好的方面來看，Materion賺了錢，而且利潤也在增長。儘管內部人士確實擁有股票，但他們並不擁有大量股票，他們一直在拋售。我們並不急於購買！除了了解正在進行的內幕交易外，確定Materion面臨的風險也是有益的。例如-Materion 有 2 個警告信號，我們認爲你應該注意。
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.
如果你想看看另一家公司——一家財務狀況可能優越的公司——那麼千萬不要錯過這份免費的股本回報率高、債務低的有趣公司的名單。
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 of direct interests only, but not derivative transactions or indirect interests.
就本文而言，內部人士是指向相關監管機構報告其交易的個人。我們目前只考慮公開市場交易和私下處置的直接利益，不包括衍生品交易或間接權益。
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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.
對這篇文章有反饋嗎？對內容感到擔憂？直接聯繫我們。 或者，給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論，我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議，也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意，我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之，華爾街沒有持有任何上述股票的頭寸。
譯文內容由第三人軟體翻譯。