Digimarc Insiders Made A Wise Decision By Selling US$620k Worth Of Stock
Digimarc Insiders Made A Wise Decision By Selling US$620k Worth Of Stock
While Digimarc Corporation (NASDAQ:DMRC) shareholders have had a good week with the stock up 20%, they shouldn't let their guards down. The fact that insiders chose to dispose of US$620k worth of stock in the past 12 months even though prices were relatively low could be indicative of some anticipated weakness.
儘管Digimarc Corporation (納斯達克:DMRC) 的股價上漲了20%，這並不意味着股東可以放鬆戒備。過去12個月中，內部人士在股價相對較低的情況下選擇拋售總價值爲62萬美元的股票，這可能預示着一些預計的弱點。
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
雖然我們認爲股東不應僅僅跟隨內部人士的交易，但邏輯告訴我們，應該注意內部人士是購買還是出售股票。
The Last 12 Months Of Insider Transactions At Digimarc
Digimarc近12個月內內部交易的最新情況
Over the last year, we can see that the biggest insider sale was by the Independent Director, Milena Alberti-Perez, for US$151k worth of shares, at about US$30.84 per share. That means that even when the share price was slightly below the current price of US$30.93, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 25% of Milena Alberti-Perez's holding.
我們發現最大的內部拋售來自獨立董事Milena Alberti-Perez，賣出了價值15.1萬美元的股票，每股價格約爲30.84美元。這意味着即使股價略低於當前的30.93美元，內部人士也想拋售一些股份。通常情況下，當內部人士以低於目前價格的價格出售股票時，我們認爲這是令人泄氣的，因爲這意味着他們對較低的估值感到滿意。但請注意，出售者可能有各種原因出售股票，因此我們無法確定他們對股票價格的看法。我們注意到，最大的單筆銷售僅佔Milena Alberti-Perez所持有的股份的25%。
Insiders in Digimarc didn't buy any shares in the last year. 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!
Digimarc內部人士上一年沒有購買任何股票。以下圖表顯示了過去一年內個人和公司的內部交易情況。如果點擊圖表，您可以查看所有個人交易，包括股票價格、個人和日期！
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
如果你喜歡購買內部人員正在購買而不是銷售的股票，那麼你可能會喜歡這份免費的公司列表。（提示：它們中的大部分都被忽視了。）
Insiders At Digimarc Have Sold Stock Recently
Digimarc內部人士最近出售了股票
The last quarter saw substantial insider selling of Digimarc shares. In total, insiders dumped US$469k 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.
在上一個季度內，Digimarc的內部人士大量出售了股票。總共，內部人士在那個時期拋售了價值469,000美元的股票，而我們沒有記錄任何購買。這可能表明一些內部人士認爲股票並不便宜。
Insider Ownership Of Digimarc
Digimarc的內部股份持有情況
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Digimarc insiders own 30% of the company, currently worth about US$194m 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.
查看企業內部股份持有情況可以幫助判斷其是否與普通股東保持良好的一致性。我們通常希望看到相當高的內部股份持有率。Digimarc內部人士擁有該公司30%的股份，根據最近的股價，這些股份目前價值約1.94億美元。我很喜歡看到這種內部股權的持有水平，因爲這增加了管理層考慮股東最佳利益的機會。
So What Does This Data Suggest About Digimarc Insiders?
那麼，這些數據對Digimarc內部人士意味着什麼？內部人士最近出售了Digimarc的股票，但他們沒有購買任何股票。即使我們再看過去一年，也沒有看到任何購買。看到高額的內部持股是好的，但出售股票使我們保持謹慎。除了了解正在進行的內部交易，識別Digimarc面臨的風險也是有益的。爲此，我們發現了3個預警信號，可以讓您更好地了解Digimarc的情況。
Insiders sold Digimarc shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. 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 Digimarc. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Digimarc.
內部人士最近出售了Digimarc的股票，但卻沒有購買任何股票。即使我們再看過去一年，也沒有看到任何購買。看到高額的內部持股是好的，但出售股票使我們保持謹慎。除了了解正在進行的內部交易，識別Digimarc面臨的風險也是有益的。爲此，我們發現了3個預警信號，可以讓您更好地了解Digimarc的情況。當然，Digimarc可能不是最好的股票購買對象。因此，您可能希望查看這裏免費收集的高質量企業。
Of course Digimarc may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
當然，數字標識可能不是買入的最佳股票。因此，您可能希望查看這個免費的優質企業收藏。
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。
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。