Possible Bearish Signals With MKS Instruments Insiders Disposing Stock
Possible Bearish Signals With MKS Instruments Insiders Disposing Stock
In the last year, many MKS Instruments, Inc. (NASDAQ:MKSI) insiders sold a substantial stake in the company which may have sparked shareholders' attention. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
去年，許多MKS儀器公司（納斯達克股票代碼：MKSI）內部人士出售了該公司的大量股份，這可能引起了股東的關注。在評估內幕交易時，了解內部人士是買入還是賣出通常更有利，因爲後者可能有多種解釋。但是，股東應更深入地研究是否有幾位內部人士在特定時間段內出售股票。
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
儘管我們認爲股東不應乾脆關注內幕交易，但我們認爲完全忽視內幕交易是愚蠢的。
The Last 12 Months Of Insider Transactions At MKS Instruments
MKS Instruments 過去 12 個月的內幕交易
The Special Advisor, Seth Bagshaw, made the biggest insider sale in the last 12 months. That single transaction was for US$4.1m worth of shares at a price of US$125 each. So we know that an insider sold shares at around the present share price of US$121. While we don't usually like to see insider selling, it's more concerning if the sales take place 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.
特別顧問塞思·巴格肖進行了過去12個月中最大規模的內幕交易。這筆單筆交易是價值410萬美元的股票，每股價格爲125美元。因此，我們知道一位內部人士以目前的121美元左右的股價出售了股票。雖然我們通常不喜歡看到內幕銷售，但更令人擔憂的是是否以較低的價格進行銷售。我們注意到，此次銷售的價格約爲當前價格，因此儘管這不是一個好兆頭，但這並不是一個主要問題。
Over the last year we saw more insider selling of MKS Instruments shares, than buying. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
去年，我們看到MKS Instruments股票的內幕拋售多於買入。您可以看到下圖所示的去年的內幕交易（公司和個人）。如果你點擊圖表，你可以看到所有的個人交易，包括股價、個人和日期！
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
如果你喜歡買內部人士買入而不是賣出的股票，那麼你可能會喜歡這份免費的公司名單。（提示：業內人士一直在購買它們）。
MKS Instruments Insiders Are Selling The Stock
MKS 儀器內部人士正在出售該股票
The last quarter saw substantial insider selling of MKS Instruments shares. In total, insiders dumped US$5.2m 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.
上個季度，MKS儀器的股票出現了大量內幕拋售。在此期間，內部人士總共拋售了價值520萬美元的股票，我們沒有記錄任何購買記錄。總的來說，這使我們有點謹慎，但這並不是萬能的。
Insider Ownership Of MKS Instruments
MKS 儀器的內部所有權
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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that MKS Instruments insiders own 0.7% of the company, worth about US$53m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
我喜歡看看內部人士在一家公司擁有多少股票，以幫助我了解他們與內部人士的看法。通常，內部人士的所有權越高，內部人士長期建立公司的可能性就越大。看來MKS儀器的內部人士擁有該公司0.7％的股份，價值約5300萬美元。當然，我們在其他地方看到了更高的內部所有權水平，但這些持股足以表明內部人士與其他股東之間的一致性。
So What Does This Data Suggest About MKS Instruments Insiders?
那麼這些數據對MKS Instruments內部人士有什麼啓示呢？
Insiders sold MKS Instruments shares recently, but they didn't buy any. Despite some insider buying, the longer term picture doesn't make us feel much more positive. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 2 warning signs we've spotted with MKS Instruments (including 1 which can't be ignored).
內部人士最近出售了MKS儀器的股票，但他們沒有購買任何股票。儘管有一些內幕買盤，但長期前景並不能使我們感到更加樂觀。儘管內部人士確實擁有股票，但他們並不擁有大量股票，他們一直在拋售。我們並不急於購買！因此，雖然了解內部人士在買入或賣出方面的所作所爲很有幫助，但了解特定公司面臨的風險也很有幫助。爲此，你應該了解我們在MKS Instruments中發現的兩個警告信號（包括一個不容忽視的警告信號）。
But note: MKS Instruments may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
但請注意：MKS儀器可能不是最值得購買的股票。因此，來看看這份投資回報率高、債務低的有趣公司的免費清單。
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.
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。
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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.
對這篇文章有反饋嗎？對內容感到擔憂？直接聯繫我們。 或者，給編輯團隊 (at) simplywallst.com 發送電子郵件。
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。
譯文內容由第三人軟體翻譯。