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Possible Bearish Signals With BancFirst Insiders Disposing Stock

Possible Bearish Signals With BancFirst Insiders Disposing Stock

bancfirst銀行內部人士出售股票可能存在消極信號
Simply Wall St ·  10/24 18:00

In the last year, many BancFirst Corporation (NASDAQ:BANF) insiders sold a substantial stake in the company which may have sparked shareholders' attention. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, if numerous insiders are selling, shareholders should investigate more.

在過去的一年裏,許多bancfirst銀行(納斯達克:BANF)內部人士賣出了該公司的大量股份,這可能引起了股東的注意。了解內部人員是否在買入通常在評估內部交易時更有幫助,因爲內部人士的賣出可能有不同的解釋。但是,如果許多內部人士在賣出,股東應該做更多的調查。

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

雖然我們絕不會建議投資者僅僅基於公司董事們的行動來做決定,但我們認爲跟蹤內部人士的行動是非常合理的。

The Last 12 Months Of Insider Transactions At BancFirst

bancfirst銀行內部交易的最近12個月情況

Notably, that recent sale by Executive Chairman David Rainbolt was not the only time they sold BancFirst shares this year. Earlier in the year, they fetched US$106 per share in a -US$3.9m sale. So it's clear an insider wanted to take some cash off the table, even below the current price of 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. 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. This single sale was just 0.4% of David Rainbolt's stake.

值得注意的是,執行主席大衛·雷恩博特最近的這次賣出不是他們今年唯一一次賣出bancfirst銀行股票。在今年早些時候,他們以每股106美元的價格進行了一筆-390萬美元的交易。所以很明顯,一位內部人想要賣掉一些現金,甚至低於目前每股110美元的價格。我們通常認爲,如果內部人員一直在賣出股票,尤其是如果他們的售價低於當前價格,那就是一個負面因素,因爲這意味着他們認爲更低的價格是合理的。雖然內部人士的賣出不是一個積極的信號,但我們不能確定這是否意味着內部人士認爲股票被充分定價,所以這只是一個微弱的信號。大衛·雷恩博特的這一次售出僅佔他所持股份的0.4%。

Over the last year, we can see that insiders have bought 1.01k shares worth US$94k. But insiders sold 160.08k shares worth US$17m. Over the last year we saw more insider selling of BancFirst shares, than buying. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

過去一年,我們可以看到內部人士買入了0.101萬股,價值9.4萬美元。但內部人士賣出了16.008萬股,價值1700萬美元。過去一年,我們看到bancfirst銀行股票的內部賣出多於買入。您可以在下面的圖表中看到過去一年公司和個人的內部交易情況。如果您想確切了解誰以及什麼時間賣出了多少,只需點擊下面的圖表即可!

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NasdaqGS:BANF Insider Trading Volume October 24th 2024
納斯達克納斯達克:BANF 內部交易量 2024年10月24日

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。

BancFirst Insiders Are Selling The Stock

bancfirst銀行內部人正在賣出股票

The last quarter saw substantial insider selling of BancFirst shares. In total, insiders dumped US$13m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.

上個季度看到bancfirst銀行股份大規模內部賣出。總計,在那段時間內,內部人員拋售價值1300萬美元的股票,而我們沒有記錄任何購買。考慮到這一點,很難說所有內部人員都認爲這些股票是一個便宜貨。

Does BancFirst Boast High Insider Ownership?

bancfirst銀行是否擁有高度內部所有權?

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. BancFirst insiders own 33% of the company, currently worth about US$1.2b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

我喜歡查看公司內部股東擁有多少股份,以幫助我了解他們與內部人員的利益是否一致。高比例的內部持股往往能使公司領導更加關注股東利益。bancfirst銀行的內部人員擁有公司的33%,按照最近股價約值12億美元。大多數股東應該會很高興看到這種內部持股,因爲這表明管理層的激勵與其他股東的利益是一致的。

So What Does This Data Suggest About BancFirst Insiders?

那麼,這些數據對bancfirst銀行內部人員意味着什麼?

Insiders sold stock recently, but they haven't been buying. Despite some insider buying, the longer term picture doesn't make us feel much more positive. It is good to see high insider ownership, but the insider selling leaves us cautious. 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. To that end, you should learn about the 2 warning signs we've spotted with BancFirst (including 1 which makes us a bit uncomfortable).

內部人員最近賣出了股票,但他們並沒有買入。儘管有一些內部買入,但長期來看,我們並不感到更加樂觀。看到高比例的內部持股是好事,但內部人員的賣出讓我們感到謹慎。雖然關注內部持股和交易的動向很重要,但在做出任何投資決定之前,我們也要考慮該股票面臨的風險。因此,您應該了解我們在bancfirst銀行發現的2個警告信號(其中1個讓我們有些不舒服)。

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。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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