Possible Bearish Signals With A-Mark Precious Metals Insiders Disposing Stock
Possible Bearish Signals With A-Mark Precious Metals Insiders Disposing Stock
In the last year, many A-Mark Precious Metals, Inc. (NASDAQ:AMRK) insiders sold a substantial stake in the company which may have sparked shareholders' attention. 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, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
在過去的一年裏，許多a-mark precious metals，inc.(納斯達克：AMRK)的內部人士出售了大量公司股份，這可能引起了股東的注意。當分析內部人士交易時，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，因爲後者發送了一個模糊的信息。然而，當多個內部人士在特定時期出售股票時，股東應該注意這可能是一個紅燈。
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
雖然在長期投資方面內部交易並非最重要的事情，但完全忽略內部交易是愚蠢的。
The Last 12 Months Of Insider Transactions At A-Mark Precious Metals
a-mark precious metals的內部交易最近12個月的情況
The Director & Consultant, Michael Wittmeyer, made the biggest insider sale in the last 12 months. That single transaction was for US$1.7m worth of shares at a price of US$40.66 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of US$32.55. So it may not tell us anything about how insiders feel about the current share price.
董事兼顧問邁克爾·維特邁爾在過去的12個月裏進行了最大規模的內部人士交易。那次交易的金額爲170萬美元，每股40.66美元。雖然我們通常不喜歡看到內部人士售出股票，但如果銷售價格低於價格，這更令人擔憂。好消息是這次大額銷售遠高於現在的股價32.55美元。因此，它可能並不告訴我們內部人士對當前股價的感受。
Over the last year we saw more insider selling of A-Mark Precious Metals shares, than buying. 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!
過去一年，我們看到更多內部人士出售a-mark precious metals的股票，而非購買。您可以在下面的圖表中看到過去一年的內部人士交易（按公司和個人）。如果您單擊該圖表，可以看到所有單個交易，包括交易價格、個人和日期！
If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.
如果您和我一樣，您就不會錯過這個免費的小盤股票列表，這些股票不僅被內部人士購買，而且估值也很有吸引力。
Insiders At A-Mark Precious Metals Have Sold Stock Recently
a-mark precious metals的內部人士最近出售了股票
The last three months saw significant insider selling at A-Mark Precious Metals. In total, insiders dumped US$3.9m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
過去三個月內，a-mark precious metals的內部人士有大量售出股票。在這段時間內，內部人士總共拋售了價值390萬美元的股票，我們沒有記錄任何購買。總體而言，這讓我們有點謹慎，但這並不是一切。
Insider Ownership Of A-Mark Precious Metals
a-mark precious metals的內部擁有權
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. A-Mark Precious Metals insiders own 17% of the company, currently worth about US$123m 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.
許多投資者喜歡檢查公司內部擁有多少股份。通常情況下，持股較高，內部人士更可能受到激勵，爲長期建立公司。a-mark precious metals的內部人士擁有該公司的17%股份，根據最近的股價，目前價值約爲1.23億美元。我喜歡看到這種水平的內部擁有權，因爲它增加了管理層考慮股東最佳利益的機會。
So What Do The A-Mark Precious Metals Insider Transactions Indicate?
那麼a-mark precious metals的內部交易究竟意味着什麼？
Insiders haven't bought A-Mark Precious Metals 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. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing A-Mark Precious Metals. Every company has risks, and we've spotted 4 warning signs for A-Mark Precious Metals (of which 1 is significant!) you should know about.
過去三個月內，內部人士沒有購買a-mark precious metals的股票，但有一些售出。儘管有一些內部人士買入，但從長期來看，情況並不讓我們感到更加積極。雖然內部人士確實擁有很多公司股份（這是好的），但我們對他們的交易分析並沒有讓我們對公司感到有信心。除了了解正在進行的內部交易，還有助於確定a-mark precious metals所面臨的風險。每家公司都有風險，我們已經發現了a-mark precious metals的4個警示信號（其中1個是顯著的！）您應該知道。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
當然，您可能會在其他地方找到一項出色的投資。因此，請查看此免費的有趣公司列表。
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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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.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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譯文內容由第三人軟體翻譯。