Possible Bearish Signals With Hartford Financial Services Group Insiders Disposing Stock
Possible Bearish Signals With Hartford Financial Services Group Insiders Disposing Stock
Over the past year, many The Hartford Financial Services Group, Inc. (NYSE:HIG) 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, if numerous insiders are selling, shareholders should investigate more.
在過去的一年裏，許多哈特福德金融服務集團公司（NYSE:HIG）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。評估內部交易時，知道內部人員是否購買通常比知道他們是否出售更有益，因爲後者可能會被理解爲許多不同的解釋。然而，如果許多內部人員在出售，股東們應該進行更多的調查。
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
雖然我們認爲股東不應僅僅跟隨內部人士的交易，但邏輯告訴我們，應該注意內部人士是購買還是出售股票。
The Last 12 Months Of Insider Transactions At Hartford Financial Services Group
哈特福德金融服務集團內部交易的最後12個月
The Executive VP & Chief Risk Officer, Robert Paiano, made the biggest insider sale in the last 12 months. That single transaction was for US$1.0m worth of shares at a price of US$72.49 each. That means that an insider was selling shares at slightly below the current price (US$104). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. 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 just 33% of Robert Paiano's stake.
執行副總裁兼首席風險官Robert Paiano在過去12個月中進行的最大內部交易。那個單獨的交易價格爲每股72.49美元，價值爲1百萬美元。這意味着一個內部人士正在以略低於當前價格（104美元）的價格出售股票。我們通常認爲，如果內部人員一直在出售，尤其是如果他們以低於當前價格的價格出售，這是不利的，因爲這意味着他們認爲較低的價格是合理的。請注意，購買者可能有各種各樣的原因出售，所以我們不確定他們對股票價格的看法。這次單獨的銷售只佔了Robert Paiano股份的33％。
Hartford Financial Services Group 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!
哈特福德金融服務集團內部人士在過去一年中沒有購買任何股票。下圖顯示了過去一年內部交易情況（公司和個人）。如果您單擊圖表，可以查看所有個體交易，包括股票價格、個體和日期！
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。）
Insider Ownership
內部人員持股情況
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Hartford Financial Services Group insiders own 0.4% of the company, currently worth about US$132m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
對於普通股東而言，值得檢查公司內部人士持有多少股份。高內部所有權通常會使公司管理層更加關注股東的利益。哈特福德金融服務集團內部人士擁有公司的0.4％，根據最近的股票價格，目前價值約爲1.32億美元。我喜歡看到這種水平的內部所有權，因爲它增加了管理層考慮股東最佳利益的機會。
What Might The Insider Transactions At Hartford Financial Services Group Tell Us?
哈特福德金融服務集團的內部交易可能告訴我們什麼？
There haven't been any insider transactions in the last three months -- that doesn't mean much. It's heartening that insiders own plenty of stock, but we'd like to see more insider buying, since the last year of Hartford Financial Services Group insider transactions don't fill us with confidence. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
過去三個月沒有內部交易--這沒有什麼意義。內部人士擁有大量的股票令人振奮，但我們希望看到更多的內部人士購買，因爲哈特福德金融服務集團過去一年的內部交易並沒有給我們帶來信心。如果您像我一樣，可能會考慮這家公司是增長還是縮小。不過，您可以查看此免費報告，以了解分析師對其未來的預測。
But note: Hartford Financial Services Group 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：哈特福德金融服務集團可能不是最好的股票選擇。所以，查看這個具有高roe和低負債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。
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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。