CVS Health Insiders Sell US$4.2m Of Stock, Possibly Signalling Caution
CVS Health Insiders Sell US$4.2m Of Stock, Possibly Signalling Caution
Over the past year, many CVS Health Corporation (NYSE:CVS) insiders sold a significant stake in the company which may have piqued investors' interest. 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.
在過去的一年裏，許多西維斯健康公司（紐交所：CVS）的內部人士出售了公司的大部分股份，這可能引起了投資者的興趣。 在評估內部交易時，知道內部人員是否在買入通常更有幫助，因爲內部人員出售股票可能有各種解釋。 然而，當多個內部人員在特定期間內出售股票時，股東應該注意到這可能是一個紅旗。
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 CVS Health
CVS健康公司的過去12個月內部交易情況
Over the last year, we can see that the biggest insider sale was by the Executive VP, Prem Shah, for US$2.3m worth of shares, at about US$76.95 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$59.06). So it may not shed much light on insider confidence at current levels.
在過去的一年中，我們可以看到，執行副總裁Prem Shah出售了市值230萬美元的股票，每股售價約76.95美元，是最大的內部人員出售。雖然我們通常不喜歡看到內部人員出售，但如果銷售價格較低，則更令人擔憂。有一個好消息是，這次售出發生在最新價格（59.06美元）之上。因此，這可能無法揭示內部人員對當前水平的信心。
In the last twelve months insiders purchased 12.18k shares for US$695k. But insiders sold 55.23k shares worth US$4.2m. All up, insiders sold more shares in CVS Health than they bought, over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
在過去的12個月中，內部人員購買了12.18k股，價值695k美元。但內部人員出售了總價值4.2m美元的55.23k股。總體而言，內部人員在過去一年中出售了更多CVS Health的股份。您可以在下面看到內部交易的視覺描述（由公司和個人）。通過單擊下面的圖表，您可以查看每筆內部交易的詳細信息！
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。
Insiders At CVS Health Have Bought Stock Recently
CVS健康公司內部人員最近購買了股票
Over the last quarter, CVS Health insiders have spent a meaningful amount on shares. Not only was there no selling that we can see, but they collectively bought US$554k worth of shares. This could be interpreted as suggesting a positive outlook.
在過去的一個季度裏，CVS健康公司的內部人員花費了大量資金購買股份。我們不僅沒有看到任何賣出，而且他們共計購買了價值554k美元的股票。這可以被解釋爲對未來持續看好。
Insider Ownership
內部人員持股情況
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that CVS Health insiders own 0.1% of the company, worth about US$111m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
測試公司領導層與其他股東之間的一致性的另一種方法是查看他們擁有的股份數量。如果內部人員在公司中擁有大量股份，則這是一個好跡象。很高興看到CVS Health的內部人員擁有公司的0.1％，價值約1.11億美元。大多數股東都會看到這種內部持股，因爲它表明管理層的激勵與其他股東的激勵具有很好的一致性。
What Might The Insider Transactions At CVS Health Tell Us?
CVS Health的內部交易可能告訴我們什麼？
It is good to see recent purchasing. However, the longer term transactions are not so encouraging. The recent buying by some insiders , along with high insider ownership, suggest that CVS Health insiders are fairly aligned, and optimistic. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing CVS Health. For example - CVS Health has 1 warning sign we think you should be aware of.
最近的購買是好的。然而，長期的交易則不那麼令人鼓舞。一些內部人員最近的購買以及高比例的內部股權表明，CVS健康公司的內部人員相當一致並且持續看好。除了了解正在進行的內部交易外，識別CVS健康公司面臨的風險也是有益的。例如-CVS Health存在1個我們認爲您應該了解的警告信號。
But note: CVS Health may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
但請注意：CVS Health可能不是最好的股票買入選擇。因此，查看此免費列表，其中包括ROE高且負債低的有趣公司。
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。