Possible Bearish Signals With Terex Insiders Disposing Stock
Possible Bearish Signals With Terex Insiders Disposing Stock
Many Terex Corporation (NYSE:TEX) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
在過去的一年中，許多 Terex 公司（紐交所：TEX）的內部人士拋售了他們的股票，這可能對公司的股東很有興趣。在評估內部人士的交易時，了解內部人員是否購買股票通常比了解他們是否出售更有益，因爲後者可能存在許多解釋。但是，如果幾位內部人員在特定時間段內拋售股票，股東應該仔細觀察。
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
儘管我們永遠不會建議投資者僅基於公司董事的行動做出決策，但邏輯推斷您應該關注內部人士是否買賣股票。
Terex Insider Transactions Over The Last Year
過去一年的 Terex 內部交易
The Consultant, John Garrison, made the biggest insider sale in the last 12 months. That single transaction was for US$4.5m worth of shares at a price of US$61.74 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$54.84. So it may not tell us anything about how insiders feel about the current share price.
顧問約翰·加里森（John Garrison）在過去的12個月中進行了最大的內部人士交易。那筆交易單筆價值450萬美元，每股價格爲61.74美元。雖然內部人員出售股票是負面的，但對我們來說，如果股票價格低於出售價格，則更爲負面。令人欣慰的是，這次交易的價格遠高於當前股價54.84美元。因此，這可能不會告訴我們內部人員對當前股價的看法。
In the last twelve months insiders purchased 59.73k shares for US$3.0m. But insiders sold 247.54k shares worth US$15m. Over the last year we saw more insider selling of Terex shares, than buying. 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!
在過去的十二個月中，內部人員購買了59.73K 股，價值300萬美元。但內部人員出售了價值1500萬美元的247.54K 股。在過去的一年中，我們看到 Terex 股票更多地被內部人士拋售而不是購買。下面的圖表顯示了過去一年內部人士交易的情況（按公司和個人）。通過單擊下面的圖表，您可以看到每個內部人士交易的詳細信息！
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 Terex Have Sold Stock Recently
Terex 的內部人員最近拋售了股票
The last quarter saw substantial insider selling of Terex shares. In total, insiders sold US$2.7m 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.
最後一個季度內，Terex 的內部人員大量拋售了股票，總共在那段時間內出售了價值270萬美元的股票，我們沒有記錄任何購買情況。這可能表明，一些內部人員認爲股票並不便宜。
Does Terex Boast High Insider Ownership?
Terex 是否擁有高內部所有權？
For a common shareholder, it is worth checking how many shares are held by company 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. It appears that Terex insiders own 2.5% of the company, worth about US$91m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
對於普通股東來說，值得檢查公司內部人員持有多少股份。通常，內部人員所有權越高，他們就越可能受到激勵爲長期建設公司。看起來，Terex 的內部人員擁有該公司的2.5％，價值約9100萬美元。內部所有權水平不錯，但略微短缺，這當然表明了合理的利益一致性。
So What Does This Data Suggest About Terex Insiders?
那麼這些數據對 Terex 內部人員意味着什麼？
Insiders sold Terex shares recently, but they didn't buy any. Despite some insider buying, the longer term picture doesn't make us feel much more positive. On the plus side, Terex makes money, and is growing profits. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Terex. For instance, we've identified 2 warning signs for Terex (1 shouldn't be ignored) you should be aware of.
內部人員最近出售了 Terex 股票，但他們沒有購買任何股票。儘管有些內部人員購買了股票，但長期來看，我們的判斷並沒有更加積極。好的一面是，Terex 賺錢並且正在增加利潤。雖然內部人員擁有股份，但他們並不擁有太多，他們一直在售出。因此，仔細考慮後才應該購買。除了了解正在進行的內部交易外，確定 Terex 面臨的風險也很有益。例如，我們已經確定了 Terex 的 2個警示信號（1個不應被忽略），您需要知道這些。
Of course Terex may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
當然，Terex 可能不是最好的股票。因此，您可能希望查看這些高質量公司的免費收藏。
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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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。