We wouldn't blame Acuity Brands, Inc. (NYSE:AYI) shareholders if they were a little worried about the fact that Karen Holcom, the Senior VP & CFO recently netted about US$1.1m selling shares at an average price of US$262. That's a big disposal, and it decreased their holding size by 28%, which is notable but not too bad.
Acuity Brands Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Senior VP & Chief Human Resources Officer, Dianne Mills, sold US$1.4m worth of shares at a price of US$226 per share. That means that even when the share price was below the current price of US$272, an insider wanted to cash in some shares. 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. 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. This single sale was 73% of Dianne Mills's stake.
Over the last year we saw more insider selling of Acuity Brands shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
NYSE:AYI Insider Trading Volume April 7th 2024
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Insider Ownership Of Acuity Brands
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Acuity Brands insiders own 0.2% of the company, worth about US$18m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Does This Data Suggest About Acuity Brands Insiders?
Insiders sold stock recently, but they haven't been buying. And our longer term analysis of insider transactions didn't bring confidence, either. But since Acuity Brands is profitable and growing, we're not too worried by this. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Acuity Brands. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Acuity Brands.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
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.
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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.
如果Acuity Brands, Inc.(紐約證券交易所代碼:AYI)股東對高級副總裁兼首席財務官凱倫·霍爾科姆最近以262美元的平均價格淨出售股票約110萬美元感到擔憂,我們就不會責怪他們。這是一筆巨額出售,它使他們的持股規模減少了28%,這值得注意,但還不錯。
Acuity Brands 去年的內幕交易
在過去的十二個月中,內部人士最大的一次出售是高級副總裁兼首席人力資源官戴安娜·米爾斯以每股226美元的價格出售了價值140萬美元的股票。這意味着,即使股價低於當前的272美元,內部人士也想套現一些股票。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如何看待最近(更高的)估值。但是,請注意,賣家可能有各種各樣的賣出原因,因此我們不確定他們對股價的看法。此次出售佔戴安娜·米爾斯73%的股份。
在過去的一年中,我們看到Acuity Brands股票的內幕拋售多於買入。你可以在下面看到過去 12 個月的內幕交易(公司和個人)的直觀描述。如果你想確切地知道誰賣了、賣了多少以及何時出售,只需點擊下圖!
紐約證券交易所:AYI 內幕交易量 2024 年 4 月 7 日
如果你像我一樣,那麼你不會想錯過這份業內人士正在收購的成長型公司的免費名單。
Acuity 品牌的內部所有權
測試公司領導者與其他股東之間一致性的另一種方法是查看他們擁有多少股份。較高的內部所有權通常會使公司領導層更加關注股東的利益。看來Acuity Brands內部人士擁有該公司0.2%的股份,價值約1800萬美元。儘管這是一個強勁但並不突出的內部所有權水平,但這足以表明管理層與小型股東之間有一定的一致性。
那麼這些數據對Acuity Brands Insiders有何啓示呢?
內部人士最近出售了股票,但他們一直沒有買入。而且,我們對內幕交易的長期分析也沒有帶來信心。但是,由於Acuity Brands盈利且不斷增長,我們對此並不太擔心。內部人士擁有股票,但考慮到銷售歷史,我們仍然相當謹慎。我們並不急於購買!除了了解正在進行的內幕交易外,確定Acuity Brands面臨的風險也是有益的。爲了幫助解決這個問題,我們發現了一個警告信號,你應該仔細觀察一下,以便更好地了解Acuity Brands。
如果你想看看另一家公司——一家財務狀況可能優越的公司——那麼千萬不要錯過這份免費的股本回報率高、債務低的有趣公司的名單。
就本文而言,內部人士是指向相關監管機構報告其交易的個人。我們目前只考慮公開市場交易和私下處置的直接利益,不包括衍生品交易或間接權益。
對這篇文章有反饋嗎?對內容感到擔憂嗎?請直接聯繫我們。或者,也可以發送電子郵件至編輯團隊 (at) simplywallst.com。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。