Insiders At Smartsheet Sold US$7.5m In Stock, Alluding To Potential Weakness
Insiders At Smartsheet Sold US$7.5m In Stock, Alluding To Potential Weakness
Many Smartsheet Inc. (NYSE:SMAR) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
過去一年裏，許多Smartsheet Inc.（紐交所：SMAR）的內部人士拋售了他們的股票，這可能引起公司股東的興趣。了解內部人員是否在買入股票通常比了解其賣出情況更有幫助，因爲內部人士賣出股票可能有各種各樣的解釋。然而，當多個內部人員在特定時間內拋售股票時，股東則應該高度關注，因爲這可能是一個紅燈信號。
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。
The Last 12 Months Of Insider Transactions At Smartsheet
Smartsheet的內部交易過去12個月的情況
The Independent Director, James White, made the biggest insider sale in the last 12 months. That single transaction was for US$6.7m worth of shares at a price of US$44.72 each. So what is clear is that an insider saw fit to sell at around the current price of US$42.86. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
獨立董事詹姆斯·懷特（James White）是過去12個月內賣出Smartsheet股票最多的內部人士。那次交易的金額爲6.7百萬美元，每股44.72美元。很明顯，一名內部人士認爲在當前股價大約爲42.86美元時拋售是合適的。雖然內部人士拋售股票是一個負面信號，但對我們而言，如果股票是在較低的價格賣出的，則認爲這更爲負面。我們注意到，這次交易是在當前價格左右進行的，所以這並不是一個重要的問題，但這也不是一個好兆頭。
In the last year Smartsheet 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!
過去一年裏，Smartsheet內部人士並沒有購買公司的股票。你可以在下面的圖表中看到過去一年內內部交易（由公司和個人）的情況。如果你想知道誰以何價位何時賣出股票，只需點擊下面的圖表！
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
對於那些喜歡發現潛力股票的人，可以免費查看最新內部交易股票的小盤公司名單，這可能正是您要找的機會。
Smartsheet Insiders Are Selling The Stock
Smartsheet內部人士正在拋售該股票
The last quarter saw substantial insider selling of Smartsheet shares. Specifically, Chief Operating Officer Stephen Branstetter ditched US$183k 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.
最後一個季度看到了大量Smartsheet股票的內部拋售。具體來說，首席運營官史蒂芬·布蘭斯特特（Stephen Branstetter）在那段時間內拋售了價值18.3萬美元的股票，而我們並沒有記錄到任何購買的情況。鑑於這一情況，很難說所有的內部人士都認爲這些股票是個便宜貨。
Insider Ownership Of Smartsheet
Smartsheet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. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Smartsheet insiders own 3.0% of the company, worth about US$174m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
看公司內部持有的股份總數可以幫助你判斷內部人士是否與普通股東利益相結合。如果內部人士擁有公司的大量股份，則這是一個好的跡象。值得高興的是，Smartsheet內部人士擁有公司的3.0%的股份，價值約1.74億美元。大多數股東應該會很高興看到這種內部所有權，因爲這表明了管理層的激勵與其他股東是一致的。
What Might The Insider Transactions At Smartsheet Tell Us?
Smartsheet的內部交易可能會告訴我們什麼？
An insider sold Smartsheet shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Smartsheet. In terms of investment risks, we've identified 1 warning sign with Smartsheet and understanding it should be part of your investment process.
一位內部人士最近出售了Smartsheet的股票，但他們卻沒有買入任何股票。看過去12個月的數據，我們的數據並未顯示任何內部人員購買。高內部所有權是件好事，但該內部人士的拋售行爲讓我們持謹慎態度。除了知道正在進行的內部交易之外，還有助於確定Smartsheet的風險。在投資風險方面，我們已經識別出1個警告信號，並了解它應該是你投資過程的一部分。
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.
如果你想查看其他公司——那些具有開多淨資產收益率和低負債的有趣公司的免費清單——那麼不要錯過這個機會。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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
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@simplywallst.com。
譯文內容由第三人軟體翻譯。