One Arista Networks Insider Has Reduced Their Stake
One Arista Networks Insider Has Reduced Their Stake
Looking at Arista Networks, Inc.'s (NYSE:ANET ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.
從過去一年的紐交所（NYSE：ANET）交易事務來看，我們可以看到內部人員淨賣出的情況。也就是說，內部人員售出的股份數量比購買的股份數量多。
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 Arista Networks
Arista Networks過去12個月內的內部交易記錄
The Co-Founder, Kenneth Duda, made the biggest insider sale in the last 12 months. That single transaction was for US$4.7m worth of shares at a price of US$326 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$348. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 1.3% of Kenneth Duda's stake. Kenneth Duda was the only individual insider to sell shares in the last twelve months.
聯合創始人Kenneth Duda在過去12個月中進行了最大規模的內部售賣。單筆交易價值470萬美元，每股價格爲326美元。因此，可以清楚地看出內部人員想賣出一些股份，甚至低於當前的348美元價格。我們通常認爲，如果內部人員出售，尤其是如果他們低於當前價格出售，那麼這是一個負面信號，因爲這意味着他們認爲較低的價格是合理的。雖然內部人員的售出並不是一個積極的信號，但我們不能確定它是否意味着內部人員認爲這些股份的估值已經充分，因此這只是一個弱信號。這筆售賣僅佔Kenneth Duda持股的1.3%。過去12個月中，Kenneth Duda是唯一一個出售股票的內部人員。
The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
以下圖表顯示了過去一年中公司和個人的內部交易。單擊下面的圖表，即可查看每個內部交易的詳細信息！
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 Arista Networks Have Sold Stock Recently
Arista Networks近期內部人員出售了股票
The last quarter saw substantial insider selling of Arista Networks shares. In total, Co-Founder Kenneth Duda dumped US$4.7m 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.
最近一個季度，Arista Networks的內部人員大量出售了股份。總共，聯合創始人Kenneth Duda在那段時間賣掉了價值470萬美元的股份，而我們沒有記錄任何購買行爲。考慮到這一點，很難說所有內部人員都認爲這些股份是便宜的。
Insider Ownership Of Arista Networks
Arista Networks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. A high insider ownership often makes company leadership more mindful of shareholder interests. Arista Networks insiders own 18% of the company, currently worth about US$19b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
查看公司內部股東持股總量可以幫助您了解他們是否與普通股東很好地相符。高內部股權通常使公司領導更加關注股東利益。Arista Networks的內部人員擁有該公司18%的股份，根據最近的股價，目前價值約爲190億美元。大多數股東都會高興看到這種程度的內部所有權，因爲這表明管理層的激勵與其他股東的激勵是相互相符的。
What Might The Insider Transactions At Arista Networks Tell Us?
Arista Networks的內部交易記錄可能告訴我們什麼？
An insider hasn't bought Arista Networks stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. But it is good to see that Arista Networks is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Arista Networks. Case in point: We've spotted 1 warning sign for Arista Networks you should be aware of.
內部人員在過去三個月內沒有購買Arista Networks的股票，但有出售。即使我們看一下過去一年，也沒有看到任何購買行爲。但是，看到Arista Networks正在增加收入是好的。該公司擁有很高的內部所有權，但考慮到售股的歷史，我們還是有點猶豫。此外，了解正在發生的內部交易不僅有益於確定Arista Networks面臨的風險。案例證明：我們發現了一項Arista Networks的警告信號，您應該注意。
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。