Palo Alto Networks Insiders Sell US$4.2m Of Stock, Possibly Signalling Caution
Palo Alto Networks Insiders Sell US$4.2m Of Stock, Possibly Signalling Caution
In the last year, many Palo Alto Networks, Inc. (NASDAQ:PANW) insiders sold a substantial stake in the company which may have sparked shareholders' attention. 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.
在過去的一年裏,Palo Alto Networks公司(納斯達克股票代碼:PANW)的許多內部人士出售了公司的大量股份,這可能引起了股東的關注。分析內部交易時,通常更有價值的是了解內部人士是否買入而不是賣出,因爲後者會發出模棱兩可的信息。但是,如果許多內部人士正在出售,股東應該進行更多的調查。
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。
Palo Alto Networks Insider Transactions Over The Last Year
過去一年中的 Palo Alto Networks 內部交易
The Independent Director, Carl Eschenbach, made the biggest insider sale in the last 12 months. That single transaction was for US$1.8m worth of shares at a price of US$237 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$320. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent 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 32% of Carl Eschenbach's holding.
獨立董事 Carl Eschenbach 在過去的12個月中進行了最大的內部交易。那筆交易單筆交易價值爲180萬美元,每股價格爲237美元。因此,很明顯,內部人士想從中獲得一些現金,甚至低於當前的320美元。當內部人士以低於當前價格的價格出售時,這表明他們認爲較低的價格是公平的。這讓我們想知道他們對(更高的)最近的估值有何看法。儘管內部人士的賣出不是一個積極的信號,我們不能確定它是否意味着內部人士認爲股票已充分價值,所以只是一個微弱的信號。值得注意的是,這次出售僅佔 Carl Eschenbach 持股的32%。
Insiders in Palo Alto Networks didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
Palo Alto Networks 內部人士在過去一年中沒有買入任何股票。您可以在下面的圖表中查看過去一年的內部交易(按公司和個人分類)。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!
![big](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240726/0-fd6f5419b40fe8ce9ed324f6ee8d7688-0-44391b514cb0388573c7bcdfd790209a.png/big)
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 Palo Alto Networks Have Sold Stock Recently
Palo Alto Networks 內部人士最近出售了股票
Over the last three months, we've seen significant insider selling at Palo Alto Networks. Specifically, insiders ditched US$1.4m 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,我們看到了 Palo Alto Networks 內部人士的大量賣出。具體而言,內部人士在該期間拋售了價值140萬美元的股票,我們沒有記錄任何購買。這可能表明一些內部人士認爲股票並不便宜。
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. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Palo Alto Networks insiders own 0.9% of the company, worth about US$962m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
我喜歡查看內部人士在公司中擁有多少股份,以幫助我了解他們與內部人士的一致性如何。高內部所有權往往使公司領導層更加關注股東利益。很高興看到 Palo Alto Networks 內部人士擁有該公司的0.9%股份,價值約9620萬美元。我很喜歡看到這種內部所有權水平,因爲它增加了管理層考慮股東最大利益的可能性。
What Might The Insider Transactions At Palo Alto Networks Tell Us?
Palo Alto Networks 的內部交易可能告訴我們什麼?
Insiders haven't bought Palo Alto Networks stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. But since Palo Alto Networks is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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, Palo Alto Networks has 3 warning signs (and 1 which can't be ignored) we think you should know about.
在過去的三個月中,內部人士沒有購買過 Palo Alto Networks 股票,但賣出了一些。即使我們看一下過去一年,也沒有看到任何購買。但是,由於 Palo Alto Networks 盈利和增長,我們對此不太擔心。該公司擁有高比例的內部所有權,但考慮到股份出售的歷史,我們還是有些猶豫。儘管了解內部人士的所有權和交易情況很重要,但在做出任何投資決策之前,我們還要考慮股票面臨的風險。例如,Palo Alto Networks 存在3個警告跡象(和1個不能忽略的跡象)需要您知道。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
當然,您可能會在其他地方找到一項出色的投資。因此,請查看此免費的有趣公司列表。
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.
對本文有任何反饋?對內容有任何疑慮?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
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。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。