This National Fuel Gas Insider Reduced Their Stake By 21%
This National Fuel Gas Insider Reduced Their Stake By 21%
From what we can see, insiders were net sellers in National Fuel Gas Company's (NYSE:NFG ) during the past 12 months. That is, insiders sold the stock in greater numbers than they purchased it.
從我們所看到的情況來看，在過去的12個月中，National Fuel Gas公司（紐交所：NFG）的內部人員是淨賣方。也就是說，內部人員出售該股票的數量比購買的多。
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 National Fuel Gas
在National Fuel Gas過去的12個月中進行的內部交易。
In the last twelve months, the biggest single sale by an insider was when the General Counsel & Secretary, Michael Reville, sold US$349k worth of shares at a price of US$54.83 per share. That means that an insider was selling shares at below the current price (US$55.69). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. 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. It is worth noting that this sale was only 21% of Michael Reville's holding. Michael Reville was the only individual insider to sell over the last year.
在過去的12個月中，一位內部人員的最大單筆交易是法律顧問兼秘書Michael Reville以每股54.83美元的價格出售了34.9萬美元的股票。這意味着一位內部人員將股票出售價格定在當前價格（55.69美元）以下。一般來說，當內部人員以低於當前價格的價格出售股票時，我們認爲這是令人沮喪的，因爲這表明他們對更低估值感到滿意。儘管內部人員的減持不是一個積極的信號，但我們不能確定是否意味着內部人員認爲股票已經被充分估值，所以這只是一個弱信號。值得注意的是，這次的交易僅佔Michael Reville持股的21％。Michael Reville是過去一年唯一一位出售股票的個人內部人員。
Michael Reville divested 6.81k shares over the last 12 months at an average price of US$54.69. 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!
過去12個月中，Michael Reville以54.69美元的平均價格拋售了0.681萬股。下圖顯示了過去一年內公司和個人的內部交易。如果單擊圖表，您可以查看所有單個交易，包括股價、個人和日期！
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。
National Fuel Gas Insiders Are Selling The Stock
National Fuel Gas內部人員正在拋售該股票。
The last three months saw significant insider selling at National Fuel Gas. In total, General Counsel & Secretary Michael Reville sold US$349k worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
過去三個月，National Fuel Gas看到了大量的內部人員拋售股票。總體而言，法律顧問兼秘書Michael Reville在這段時間內出售了34.9萬美元的股票，而我們沒有記錄任何購買記錄。總的來說，這讓我們有點謹慎，但這並不是全部。
Insider Ownership Of National Fuel Gas
National Fuel Gas的內部股權
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. National Fuel Gas insiders own about US$73m worth of shares. That equates to 1.4% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
作爲普通股東，值得檢查公司內部人員持有多少股份。如果內部人員持有公司的大量股份，我認爲這是一個好跡象。National Fuel Gas的內部人員擁有價值約7300萬美元的股份。這相當於該公司的1.4％。雖然這是一種強而有力但並不是非常突出的內部股權，但足以表明管理層與小股東之間存在一些一致性。
What Might The Insider Transactions At National Fuel Gas Tell Us?
National Fuel Gas內部交易能告訴我們什麼？
An insider hasn't bought National Fuel Gas stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 3 warning signs for National Fuel Gas you should know about.
過去三個月內，內部人員沒有購買National Fuel Gas股票，但有一些出售。回顧過去12個月，我們的數據沒有顯示任何內部人員購買記錄。內部人員擁有股份，但是考慮到銷售歷史，我們仍然相當謹慎。購買前，我們會謹慎考慮！因此，這些內部交易可以幫助我們建立關於該股的投資主題，但了解這家公司面臨的風險也是值得的。每個公司都有風險，我們已經發現National Fuel Gas存在三個警告信號，您應該知道。
Of course National Fuel Gas may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
當然，National Fuel Gas可能不是最好的股票買入對象。因此，您可能希望查看這個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。
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？關注內容？請直接與我們聯繫。或者，發送電子郵件至editorial-team@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。