Progress Software Insiders Sell US$1.3m Of Stock, Possibly Signalling Caution
Progress Software Insiders Sell US$1.3m Of Stock, Possibly Signalling Caution
The fact that multiple Progress Software Corporation (NASDAQ:PRGS) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, if numerous insiders are selling, shareholders should investigate more.
艾衛公司（NASDAQ：PRGS）的多位內部人士在過去一年中拋售了大量股票，這可能引起投資者的關注。分析內部交易時，知道內部人員是買入還是賣出往往比僅知道他們賣出要有價值得多，因爲後者發出了模棱兩可的信息。然而，如果有多位內部人員在售出，股東應該加以調查。
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
雖然我們不認爲股東應該簡單地跟隨內部交易，但我們認爲監控內部人士的行動是很合理的。
Progress Software Insider Transactions Over The Last Year
過去一年的Progress Software內部交易
In the last twelve months, the biggest single sale by an insider was when the Independent Director, David Krall, sold US$1.0m worth of shares at a price of US$51.00 per share. That means that an insider was selling shares at around the current price of US$48.97. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.
過去十二個月內，獨立董事David Krall出售了價值1,000,000美元的股票，每股售價爲51.00美元。這意味着內部人員在當前股價約48.97美元左右的價格出售股票。我們通常不喜歡看到內部人員出售，但銷售價格越低，我們的擔憂越多。這筆交易是在當前價格附近進行的，這使我們有點謹慎，但它並不是一個主要的問題。
Progress Software 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
在過去一年中，Progress Software的內部人員沒有購買任何股票。下圖顯示了過去一年中公司和個人的內部交易情況。如果想了解確切的銷售信息，包括銷售者、銷售金額和時間，請單擊下面的圖表！
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
對於那些喜歡發現潛力股票的人，可以免費查看最新內部交易股票的小盤公司名單，這可能正是您要找的機會。
Progress Software Insiders Are Selling The Stock
Progress Software內部人員正在拋售股票
The last three months saw significant insider selling at Progress Software. Specifically, Independent Director David Krall 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.
過去三個月，Progress Software的內部人員大量拋售股票。具體來說，獨立董事David Krall在此期間拋售了價值1,000,000美元的股票，而我們沒有記錄到任何購買交易。這可能表明一些內部人員認爲股票並不便宜。
Insider Ownership Of Progress Software
Progress Software的內部持股情況
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.8% of Progress Software shares, worth about US$16m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
對於普通股東來說，檢查公司內部人員持有的股票數量是值得的。如果內部人員持有公司的大量股票，這通常是一個好兆頭。公司內部人員擁有Progress Software股票的0.8%，價值約爲16,000,000美元。這種程度的內部持股是不錯的，但並不特別突出。它確實表明了一個合理的程度的一致性。
So What Does This Data Suggest About Progress Software Insiders?
這些數據對於Progress Software的內部人員意味着什麼？
An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - Progress Software has 3 warning signs we think you should be aware of.
最近有內部人員拋售了股票，但他們沒有購買。回顧過去的十二個月，我們的數據沒有顯示任何內部人員購買。內部人員持股並不特別高，所以這份分析使我們對這家公司保持謹慎。在購買之前，我們需要謹慎考慮！這些內部交易可以幫助我們建立一份關於這家公司的股票的論點，但了解面臨的風險也是值得的。例如 - Progress Software有三個警示標誌，我們認爲你應該知道。
But note: Progress Software 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.
但要注意：Progress Software可能不是最好的股票選擇。因此，看一看這個高roe和低債務的有趣公司的免費列表。
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。
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。