Possible Bearish Signals With Martin Marietta Materials Insiders Disposing Stock
Possible Bearish Signals With Martin Marietta Materials Insiders Disposing Stock
The fact that multiple Martin Marietta Materials, Inc. (NYSE:MLM) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, if numerous insiders are selling, shareholders should investigate more.
馬丁-瑪麗埃塔材料公司(紐交所: MLM)的多位內部人士在過去一年裏拋售了大量股票,可能引起投資者的關注。在評估內部交易時,了解內部人員是否在買入通常比了解他們是否在賣出更有益,因爲賣出可能會有多種解讀。然而,如果多位內部人士在賣出股票,股東們應該展開更多調查。
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 Martin Marietta Materials
馬丁-瑪麗埃塔材料公司的內部交易過去12個月
In the last twelve months, the biggest single sale by an insider was when the Chairman, C. Nye, sold US$12m worth of shares at a price of US$604 per share. So what is clear is that an insider saw fit to sell at around the current price of US$600. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
在過去十二個月中,內部人員最大的一筆出售是由董事長C. Nye以每股604美元的價格出售了價值1200萬美元的股票。因此,明顯的是一位內部人員認爲以當前價格約600美元出售是合適的。儘管內部人員的賣出是負面的,但對我們而言,如果股票以較低價格賣出,我們認爲這更爲負面。我們注意到這次賣出發生在當前價格附近,因此並不是一個重大的擔憂,儘管這並不是一個好的跡象。
Martin Marietta Materials insiders didn't buy any shares over 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!
馬丁-瑪麗埃塔材料公司的內部人員在過去一年中沒有買入任何股票。您可以在下方的圖表中查看內部人員(公司和個人)在過去一年中的交易。點擊下面的圖表,您可以查看每筆內部交易的詳細信息!
I will like Martin Marietta Materials 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.
如果我看到一些大規模內部買盤,我會更喜歡馬丁-瑪麗埃塔材料。當我們等待時,請查看這份免費的被低估和小盤股票名單,其中包括最近有相當規模內部買盤的股票。
Does Martin Marietta Materials Boast High Insider Ownership?
馬丁-瑪麗埃塔材料是否擁有較高的內部持股?
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 Martin Marietta Materials insiders own 0.6% of the company, worth about US$237m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
我喜歡看內部人在一家公司擁有多少股份,以幫助了解他們與內部人的利益是如何一致的。高比例的內部持股通常會使公司領導層更加考慮股東的利益。很高興看到馬丁-瑪麗埃塔材料的內部人擁有公司的0.6%股份,價值約23700萬美元。大多數股東會高興看到這種內部持股情況,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 Martin Marietta Materials Insiders?
那麼,這些數據對馬丁-瑪麗埃塔材料的內部人有何暗示?
The fact that there have been no Martin Marietta Materials insider transactions recently certainly doesn't bother us. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Martin Marietta Materials insider transactions don't fill us with confidence. 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 Martin Marietta Materials (of which 1 shouldn't be ignored!) you should know about.
最近馬丁-瑪麗埃塔材料沒有內部交易確實讓我們感到高興。看到內部人擁有大量股票是令人鼓舞的,但我們希望看到更多內部買盤,因爲過去一年中馬丁-瑪麗埃塔材料的內部交易並沒有給我們帶來信心。因此,這些內部交易可以幫助我們建立關於這支股票的論點,但了解該公司面臨的風險也是值得的。每家公司都有風險,我們已經發現了3個關於馬丁-瑪麗埃塔材料的警示信號(其中1個不容忽視!)你應該了解。
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。
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Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。
譯文內容由第三人軟體翻譯。