Texas Capital Bancshares Insiders Placed Bullish Bets Worth US$2.42m
Texas Capital Bancshares Insiders Placed Bullish Bets Worth US$2.42m
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Texas Capital Bancshares, Inc.'s (NASDAQ:TCBI) instance, it's good news for shareholders.
當單個內部人購買股票時，通常並不是一件重要的事情。但是，當多個內部人購買股票時，就像在德克薩斯州首都銀行股份公司(NASDAQ:TCBI)中一樣，這對股東來說是個好消息。
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
雖然我們不認爲股東應該簡單地跟隨內部交易，但完全忽略內部交易將是愚蠢的。
Texas Capital Bancshares Insider Transactions Over The Last Year
德克薩斯首都銀行股份公司上年內部人交易
In the last twelve months, the biggest single purchase by an insider was when Independent Chairman Robert Stallings bought US$498k worth of shares at a price of US$55.48 per share. So it's clear an insider wanted to buy, at around the current price, which is US$59.46. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider purchases were made at close to current prices. We note that Robert Stallings was both the biggest buyer and the biggest seller.
在過去的十二個月中，一位內部董事長Robert Stallings以每股55.48美元的價格購買了價值498,000美元的股票，因此很明顯，一個內部人希望以接近目前的價格購買，目前價格爲每股59.46美元。雖然他們的觀點可能已經發生了改變，但至少表明他們對該公司的未來抱有信心。我們總是喜歡看到內部人買入，但值得注意的是，如果這些購買是在遠低於今天的股價時進行的，因爲隨着價格上漲，折扣可能已經縮小了，因此需要注意。在這種情況下，我們很高興地報告說，內部人購買是以接近當前價格的價格進行的。我們注意到Robert Stallings既是最大的買家也是最大的賣家。
In the last twelve months insiders purchased 43.00k shares for US$2.4m. But insiders sold 7.00k shares worth US$379k. In the last twelve months there was more buying than selling by Texas Capital Bancshares insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
在過去的十二個月內，內部人購買了43,000股價值2.4m美元的股票。但內部人賣出了價值379k美元的7,000股。在過去的十二個月中，德克薩斯州首都銀行股份公司的內部人買入的股票多於賣出。您可以在下面的圖表中看到過去一年的內部交易（按公司和個人分類）。如果單擊圖表，您可以查看所有的交易，包括股票價格、個人和日期！
Texas Capital Bancshares is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
德克薩斯首都銀行股份公司不是唯一一家內部人正在購買的公司。因此，請查看這個免費的列表，其中包含一些內部人正在購買的公司。
Texas Capital Bancshares Insiders Bought Stock Recently
德克薩斯首都銀行股份公司內部人最近購買了股票
Over the last three months, we've seen significant insider buying at Texas Capital Bancshares. Independent Director Thomas Long spent US$118k on stock, and there wasn't any selling. This is a positive in our book as it implies some confidence.
在過去的三個月中，我們看到德克薩斯州首都銀行股份公司的內部人有大量買入。獨立董事長Thomas Long花費118,000美元購買了股票，沒有任何賣出。在我們看來，這是一個積極的因素，因爲它意味着一些信心。
Does Texas Capital Bancshares Boast High Insider Ownership?
德克薩斯首都銀行股份公司擁有高內部持股嗎？
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. We usually like to see fairly high levels of insider ownership. Texas Capital Bancshares insiders own about US$38m worth of shares. That equates to 1.4% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
我喜歡查看內部人在公司中擁有多少股的信息，以幫助我了解他們與內部人的利益是否一致。我們通常希望看到相當高水平的內部持股。德州首都銀行股份公司內部人擁有約價值3800萬美元的股份。這相當於該公司的1.4%。這種內部持股水平很不錯，但還沒有特別突出。它確實表明了相當高的一致性。
So What Do The Texas Capital Bancshares Insider Transactions Indicate?
那麼德克薩斯首都銀行的內部交易意味着什麼？
It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. Insiders likely see value in Texas Capital Bancshares shares, given these transactions (along with notable insider ownership of the company). While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. While conducting our analysis, we found that Texas Capital Bancshares has 1 warning sign and it would be unwise to ignore it.
最近的內部人購買股票肯定是個積極的信號。長期的內部交易也給了我們信心。內部人可能認爲德州首都銀行股份公司的股票有價值，考慮到這些交易（以及公司的顯着內部人持股），這是有道理的。雖然我們喜歡了解內部人的所有權和交易情況，但我們也確保在做出任何投資決策之前考慮到股票面臨的風險。在進行我們的分析時，我們發現德州首都銀行股份公司有1項警告標誌，忽視它是不明智的。
Of course Texas Capital Bancshares may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
當然，德州首都銀行股份公司可能不是最好的股票選擇。因此，您可能需要查看這個優質公司的免費收藏。
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.
對於本文而言，內部人是指向相關監管機構報告其交易的個人。我們目前僅考慮公開市場交易和直接利益的私人處置，但不包括衍生交易或間接利益。
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
譯文內容由第三人軟體翻譯。