Skyward Specialty Insurance Group Insiders Sell US$4.8m Of Stock, Possibly Signalling Caution
Skyward Specialty Insurance Group Insiders Sell US$4.8m Of Stock, Possibly Signalling Caution
The fact that multiple Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) 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 versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, if numerous insiders are selling, shareholders should investigate more.
納斯達克上的 Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) 多位內部人士在過去一年拋售了大量股票，這可能引起了投資者的關注。當評估內部人士的交易時，通常更有利的是了解內部人士是在買還是在賣，因爲後者可能會有很多不同的解讀。但是，如果有很多內部人士在賣出，股東們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。
The Last 12 Months Of Insider Transactions At Skyward Specialty Insurance Group
過去12個月內的 Skyward Specialty Insurance Group 內部交易
In the last twelve months, the biggest single sale by an insider was when the Executive VP & CFO, Mark Haushill, sold US$3.8m worth of shares at a price of US$35.96 per share. So what is clear is that an insider saw fit to sell at around the current price of US$35.09. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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.
在過去的12個月中，內部人士的最大單筆銷售來自執行副總裁兼首席財務官 Mark Haushill，以每股35.96美元的價格出售了價值380萬美元的股票。因此顯而易見的是，一位內部人士認爲在當前的35.09美元價格出售是合適的。我們通常不喜歡看到內部人士出售股票，但是售價越低，我們就越擔心。我們注意到此次銷售是在當前價格附近進行的，因此它並不是一個主要問題，儘管這並不是一個好的跡象。
Over the last year we saw more insider selling of Skyward Specialty Insurance Group shares, than buying. The average sell price was around US$35.97. It's not too encouraging to see that insiders have sold at below the current price. Of course, the sales could be motivated for a multitude of reasons, so we shouldn't jump to conclusions. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
過去一年中，我們看到 Skyward Specialty Insurance Group 的內部人士銷售股票的次數比買入的次數多。平均售價約爲35.97美元。看到內部人士以低於當前股價的價格出售股票並不太令人鼓舞。當然，此類銷售可能出於多種原因，因此我們不應該輕率地下結論。下面的圖表展示了過去一年中公司和個人的內部交易信息。如果您點擊圖表，您可以看到所有的交易信息，包括股票價格、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: 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。）
Skyward Specialty Insurance Group Insiders Are Selling The Stock
Skyward Specialty Insurance Group 的內部人士正在拋售股票
Over the last three months, we've seen significant insider selling at Skyward Specialty Insurance Group. In total, Executive VP and President of Industry Solutions Kirby Hill dumped US$315k 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.
在過去的三個月中，我們看到 Skyward Specialty Insurance Group 的內部人士有大量的股票拋售。總體而言，產業解決方案執行副總裁兼總裁 Kirby Hill 在這段時間內拋售了價值315,000美元的股票，而我們並沒有記錄到任何購買。總體而言，這使我們有些謹慎，但這並不是全部。
Does Skyward Specialty Insurance Group Boast High Insider Ownership?
Skyward Specialty Insurance Group 是否具有較高的內部人士持股比例？
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. We usually like to see fairly high levels of insider ownership. It's great to see that Skyward Specialty Insurance Group insiders own 18% of the company, worth about US$260m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
我喜歡查看內部人士在公司中擁有的股份數量，以幫助我了解他們與內部人士的關係有多一致。我們通常希望看到較高水平的內部人士持股。很高興看到 Skyward Specialty Insurance Group 的內部人士擁有公司約18%的股份，價值約2.6億美元。大多數股東會很高興看到這樣的內部人士持股比例，因爲這表明管理層的激勵與其他股東的一致。
What Might The Insider Transactions At Skyward Specialty Insurance Group Tell Us?
Skyward Specialty Insurance Group 的內部交易可能會告訴我們什麼？
An insider sold Skyward Specialty Insurance Group shares recently, but they didn't buy any. Zooming out, the longer term picture doesn't give us much comfort. But since Skyward Specialty Insurance Group is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. While we like knowing 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 - Skyward Specialty Insurance Group has 2 warning signs we think you should be aware of.
一位內部人士最近出售了 Skyward Specialty Insurance Group 的股票，但他們沒有購買任何股票。放大看，長期來看，這並沒有給我們帶來太多的安慰。但既然 Skyward Specialty Insurance Group 是盈利和成長的，我們對此不太擔心。雖然內部人士確實擁有許多公司股份（這很好），但我們對他們的交易分析並不讓我們對該公司感到自信。雖然我們喜歡了解內部人士的所有權和交易情況，但在做出任何投資決策之前，我們必須考慮到股票面臨的風險。例如 - Skyward Specialty Insurance Group 有兩個值得關注的警示信號。
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.
如果你想查看其他公司——那些具有開多淨資產收益率和低負債的有趣公司的免費清單——那麼不要錯過這個機會。
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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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。