T. Rowe Price Group Insiders Sell US$7.3m Of Stock, Possibly Signalling Caution
T. Rowe Price Group Insiders Sell US$7.3m Of Stock, Possibly Signalling Caution
The fact that multiple T. Rowe Price Group, Inc. (NASDAQ:TROW) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, if numerous insiders are selling, shareholders should investigate more.
在過去一年，多位普信集團股份有限公司 (NASDAQ:TROW) 內部人士賣出了相當數量的股份，這一事實可能引起投資者的關注。在評估內部交易時，了解內部人士是否購買股票通常更有幫助，因爲內部人士的出售可能有多種解釋。但是，如果多位內部人士在出售股票，股東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, we do think it is perfectly logical to keep tabs on what insiders are doing.
雖然在長期投資中，內部交易並不是最重要的事情，但我們認爲關注內部人士的行動是非常合理的。
T. Rowe Price Group Insider Transactions Over The Last Year
普信集團內幕交易過去一年的情況
Over the last year, we can see that the biggest insider sale was by the insider, Robert Higginbotham, for US$3.9m worth of shares, at about US$110 per share. That means that even when the share price was below the current price of US$118, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower 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 63% of Robert Higginbotham's stake.
在過去一年中，我們可以看到最大的內部人士出售是由內部人士 Robert Higginbotham 進行的，價值 390 萬美元，每股約 110 美元。這意味着即使股價低於當前的 118 美元，內部人士仍想要賺取一些股份。一般情況下，當內部人士在當前價格下出售股票時，這被認爲是令人沮喪的，因爲這表明他們對低估的估值感到滿意。但是，請注意，賣方可能有各種出售的原因，因此我們不確定他們對股票價格的看法。這次單獨的出售佔 Robert Higginbotham 股份的 63%。
In the last year T. Rowe Price Group insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
在過去一年中，普信集團的內部人士沒有購買任何公司股票。下圖顯示了最近一年公司和個人的內部交易情況。點擊下面的圖表，您可以看到每個內部交易的詳細信息！
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。
Insiders At T. Rowe Price Group Have Sold Stock Recently
普信集團內部人士最近出售了股票
The last quarter saw substantial insider selling of T. Rowe Price Group shares. In total, insider Dorothy Sawyer dumped US$234k worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.
最後一個季度，普信集團的內部人士大量出售了股票。總共，內部人士 Dorothy Sawyer 在那段時間內拋售了價值 23.4 萬美元的股票，我們沒有記錄任何購買。鑑於此，很難說所有內部人士都認爲股份是便宜的。
Insider Ownership Of T. Rowe Price Group
普信集團股東持股情況
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. It's great to see that T. Rowe Price Group insiders own 2.2% of the company, worth about US$570m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
作爲普通股東，值得檢查公司內部人士持有多少股份。如果內部人士持有公司的大量股份，那麼這是一個好跡象。很高興看到普信集團內部人士持有公司的 2.2% 股份，價值約爲 5.7 億美元。大多數股東將會對這種內部人士持股的情況感到滿意，因爲這表明管理層的激勵與其他股東是一致的。
What Might The Insider Transactions At T. Rowe Price Group Tell Us?
普信集團內部交易對我們的啓示
An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. On the plus side, T. Rowe Price Group makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. While it's good to be aware of 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. In terms of investment risks, we've identified 1 warning sign with T. Rowe Price Group and understanding this should be part of your investment process.
最近有一個內部人士出售了股票，但他們沒有購買。即使在過去的一年中，我們也沒有看到任何購買。好的一面是，普信集團賺錢並增長利潤。高內部人士持股是個好事，但內部人士出售股份讓我們感到警覺。了解內部人士持股和交易情況是好的，但在做出任何投資決策之前，我們還要注意股票面臨的風險。在投資風險方面，我們已經確定了普信集團的一個警示信號，了解這一點應該是您的投資過程的一部分。
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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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
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譯文內容由第三人軟體翻譯。