Alpha Metallurgical Resources Insiders Sold US$124m Of Shares Suggesting Hesitancy
Alpha Metallurgical Resources Insiders Sold US$124m Of Shares Suggesting Hesitancy
Over the past year, many Alpha Metallurgical Resources, Inc. (NYSE:AMR) insiders sold a significant stake in the company which may have piqued investors' interest. 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, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
在過去的一年中，許多Alpha Metallurgical Resources, Inc. (紐交所:AMR)內部人士大量出售了公司的股份，這可能引起了投資者的興趣。當評估內幕交易時，知道內部人員是否購買通常比知道他們是否出售更有益，因爲後者可能有多種解釋。然而，如果有幾個內部人士在特定的時間段內出售股票，股東應該更加深入地了解情況。
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 Alpha Metallurgical Resources
在Alpha Metallurgical Resources的內部交易中，過去12個月的交易情況爲：
Over the last year, we can see that the biggest insider sale was by the President & COO, Jason Whitehead, for US$22m worth of shares, at about US$431 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$295. So it is hard to draw any strong conclusion from it.
在過去的一年中，我們可以看到最大的內部人士出售量是由總裁兼首席運營官Jason Whitehead出售了價值2,200萬美元的股票，每股約爲431美元。通常，我們不喜歡看到內部人士出售股票，但價格越低，我們越擔心。令人欣慰的是，這次出售的價格遠高於當前股價295美元。因此，很難得出任何明確的結論。
Alpha Metallurgical Resources insiders didn't buy any shares over the last year. 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!
Alpha Metallurgical Resources的內部人士在過去一年中都沒有購買任何股票。下面的圖表顯示了過去一年中（按公司和個人）的內部交易。如果您單擊圖表，您可以查看所有的個人交易，包括股票價格、個人和日期！
If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.
如果您和我一樣，您就不會錯過這個免費的小盤股票列表，這些股票不僅被內部人士購買，而且估值也很有吸引力。
Insiders At Alpha Metallurgical Resources Have Sold Stock Recently
Alpha Metallurgical Resources的內部人士最近出售了股票
The last quarter saw substantial insider selling of Alpha Metallurgical Resources shares. Specifically, insider Roger Nicholson ditched US$1.0m worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.
最近一個季度看到大量的內部人士出售Alpha Metallurgical Resources的股票。具體來說，內部人士Roger Nicholson在那段時間裏拋售了價值1,000萬美元的股票，而我們沒有記錄任何購買記錄。這可能表明一些內部人士認爲股票並不便宜。
Insider Ownership
內部人員持股情況
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. It's great to see that Alpha Metallurgical Resources insiders own 12% of the company, worth about US$444m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
查看公司內部人士的總持股量可以幫助了解他們是否與普通股東保持良好的一致。通常我們希望看到內幕持股水平相當高。令人欣慰的是，Alpha Metallurgical Resources的內部人士擁有該公司的12%的股份，價值約44.4億美元。我喜歡看到這種內幕持股水平，因爲它增加了管理層考慮股東最大利益的可能性。
So What Does This Data Suggest About Alpha Metallurgical Resources Insiders?
那麼這些數據對Alpha Metallurgical Resources的內部人士有何意義？
An insider hasn't bought Alpha Metallurgical Resources stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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. Every company has risks, and we've spotted 3 warning signs for Alpha Metallurgical Resources (of which 1 is potentially serious!) you should know about.
過去三個月內，內幕人士沒有購買過Alpha Metallurgical Resources的股票，但也有一些出售記錄。在過去一年中，也沒有任何購買記錄給我們帶來安慰。該公司擁有較高的內部持股比例，但鑑於其歷史的的股票銷售記錄，我們有些猶豫。因此，雖然了解內部人士的買賣行爲是有幫助的，但了解特定公司面臨的風險也是有幫助的。每個公司都存在風險，我們已經發現了Alpha Metallurgical Resources的3個預警信號（其中一個可能很嚴重！），您應該注意。
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。
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.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) 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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。