Bullish Emerson Electric Insiders Loaded Up On US$2.11m Of Stock
Bullish Emerson Electric Insiders Loaded Up On US$2.11m Of Stock
Over the last year, a good number of insiders have significantly increased their holdings in Emerson Electric Co. (NYSE:EMR). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.
過去一年中，許多內部人士大幅增加了他們在艾默生電氣股份有限公司（紐交所：EMR）的持股份額。這是一個鼓舞人心的跡象，因爲它表明內部人士對該公司前景更加樂觀。
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。
Emerson Electric Insider Transactions Over The Last Year
過去一年中的艾默生電氣內部交易
The Executive VP & COO, Ram Krishnan, made the biggest insider sale in the last 12 months. That single transaction was for US$1.2m worth of shares at a price of US$96.09 each. That means that an insider was selling shares at slightly below the current price (US$110). 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. 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. It is worth noting that this sale was only 7.9% of Ram Krishnan's holding.
執行副總裁兼首席運營官Ram Krishnan，在過去12個月中進行了最大的內部交易銷售。那筆交易的價值爲120萬美元，每股價格爲96.09美元。這意味着內部人士的銷售價格略低於當前價格（110美元）。我們通常認爲，如果內部人士一直在以低於當前價格的價格進行銷售，尤其是那些認爲更低的價格是合理的，那麼這是一個消極的跡象。但請注意，賣方出售的原因可能各不相同，因此我們無法確定他們對股票價格的看法。值得注意的是，這次銷售僅佔Ram Krishnan持股的7.9％。
Over the last year, we can see that insiders have bought 24.40k shares worth US$2.1m. But they sold 19.05k shares for US$1.9m. In the last twelve months there was more buying than selling by Emerson Electric insiders. 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!
在過去的一年中，我們可以看到內部人士購買了價值210萬美元的2.44萬股股票。但是他們出售了190.5萬美元的1.905萬股股票。過去12個月內，艾默生電氣的內部人士購買的股票比出售的股票更多。您可以在下面看到內部人員交易（通過公司和個人）在過去12個月內的視覺描述。通過單擊下面的圖表，您可以查看每個內部交易的詳細信息！
Emerson Electric is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
艾默生電氣並不是內部人士在購買的唯一股票。對於那些想要找到估值有吸引力的小盤公司的人來說，這個自由列表上有最近購買內部人員的增長公司可能是一個不錯的選擇。
Insider Ownership
內部人員持股情況
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. 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's great to see that Emerson Electric insiders own 0.4% of the company, worth about US$235m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
我喜歡查看內部人員在公司中擁有的股票數量，以幫助形成我的看法，了解他們與內部人員的利益如何協調。通常情況下，內部人士持股越高，他們促進公司的長期發展的動機就越強。很高興看到艾默生電氣內部人士擁有公司的0.4％股份，價值約爲23500萬元美元。我希望看到這種程度的內部持股，因爲它增加了管理層思考股東最佳利益的機會。
What Might The Insider Transactions At Emerson Electric Tell Us?
艾默生電氣的內部交易可能告訴我們什麼？
It doesn't really mean much that no insider has traded Emerson Electric shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. With high insider ownership and encouraging transactions, it seems like Emerson Electric insiders think the business has merit. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Emerson Electric has 1 warning sign we think you should be aware of.
事實上，過去季度內沒有內部人員交易艾默生電氣股票並沒有實質意義。更讓人振奮的是，過去一年的交易是令人鼓舞的。憑藉高持股比例和令人振奮的交易，艾默生電氣內部人士似乎認爲該業務具有價值。雖然了解內部人員的所有權和交易的情況很重要，我們還要考慮股票面臨的風險，然後再做出任何投資決策。例如，艾默生電氣有一個警示標誌，我們認爲您應該了解。
But note: Emerson Electric 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.
請注意：艾默生電氣可能不是最好的股票購買選擇。因此，請查看這個具有高roe和低債務的有趣公司免費列表。
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。
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。