Possible Bearish Signals With Alignment Healthcare Insiders Disposing Stock
Possible Bearish Signals With Alignment Healthcare Insiders Disposing Stock
A number of Alignment Healthcare, Inc. (NASDAQ:ALHC) insiders sold their shares in the last year, which may have raised concerns among investors. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, if numerous insiders are selling, shareholders should investigate more.
過去一年，有多位Alignment Healthcare, Inc.(NASDAQ:ALHC)股東拋售了股份，可能引發了投資者的擔憂。分析內部交易時，通常了解股東是否購買比了解是否出售更有價值，因爲後者發送了一個模糊的信息。然而，如果有多個內部人員正在出售，那麼股東應該進行更深入的調查。
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
儘管在長期投資中內部交易並不是最重要的事情，但從邏輯上講，您應該關注內部人員是否買入或出售股票。
The Last 12 Months Of Insider Transactions At Alignment Healthcare
過去12個月內Alignment Healthcare發生的內部交易情況
In the last twelve months, the biggest single purchase by an insider was when Founder John Kao bought US$497k worth of shares at a price of US$4.82 per share. Even though the purchase was made at a significantly lower price than the recent price (US$7.97), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
在過去的12個月中，創始人John Kao以US$4.82的價格購買了價值US$497k的股票，是內部人員單筆最大的購買。即使該購買價格遠低於現在的股價（US$7.97），我們仍認爲內部人員的購買是積極的。因爲它是在一個較低的估值時進行的，這並沒有告訴我們內部人員是否會對今天的價格感到有吸引力。
In total, Alignment Healthcare insiders sold more than they bought over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
在過去一年中，Alignment Healthcare內部人員拋售的股票比購買的股票多。下圖顯示了過去一年內公司和個人的內部交易情況。如果單擊圖表，您可以查看所有的單筆交易，包括股價、個人和日期！
I will like Alignment Healthcare better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.
如果我看到一些內部人員大筆購買的股票，我就會更喜歡Alignment Healthcare。在此期間，可以查看這個免費的低估值和小盤股票列表，其中包括相當多的內部人員購買記錄。
Insiders At Alignment Healthcare Have Sold Stock Recently
Alignment Healthcare內部人員最近大量出售股票。
Over the last three months, we've seen significant insider selling at Alignment Healthcare. In total, insiders sold US$302k 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.
在過去的三個月中，我們看到Alignment Healthcare的內部人員大量拋售股票。在此期間，內部人員總共拋售了價值US$302k的股票，而我們沒有記錄到任何購買記錄。這可能表明一些內部人員認爲股票並不便宜。
Insider Ownership Of Alignment Healthcare
Alignment Healthcare的內部持股情況
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Alignment Healthcare insiders own 5.5% of the company, worth about US$82m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
我喜歡查看內部人員在公司中擁有的股份數量，以幫助自己了解他們與內部人員的利益是否保持一致。高持股水平通常使公司領導更加關注股東利益。看起來Alignment Healthcare的內部人員擁有該公司的5.5%股份，價值約爲US$82m。雖然這不是很高的內部持股水平，但足以表明管理層和小股東之間有一定的共識。
So What Do The Alignment Healthcare Insider Transactions Indicate?
Alignment Healthcare內部交易的含義是什麼？
Insiders haven't bought Alignment Healthcare stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. So we'd only buy after careful consideration. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 3 warning signs for Alignment Healthcare you should be aware of.
在過去的三個月中，內部人員沒有購買Alignment Healthcare的股票，但有一些拋售。從長期來看，該公司並沒有給我們帶來太多的安慰。內部持股不是特別高，因此這項分析使我們對該公司感到謹慎。因此，我們只會在仔細考慮後購買。因此，儘管知道內部人員的買賣情況很有幫助，但了解特定公司面臨的風險也很重要。例如：我們已發現Alignment Healthcare存在3個警告信號，您應該了解一下。
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。
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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。