ICU Medical Insiders Sell US$9.7m Of Stock, Possibly Signalling Caution
ICU Medical Insiders Sell US$9.7m Of Stock, Possibly Signalling Caution
Many ICU Medical, Inc. (NASDAQ:ICUI) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. 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.
在過去的一年中，許多icu醫療公司（納斯達克：ICUI）的內部人員拋售了他們的股票，這可能會引起股東的興趣。分析內部交易時，通常更有價值的是知道內部人員是否在買入，而不是賣出，因爲後者會發出模糊的信息。不過，如果有多位內部人員在賣出，股東就應該進行更詳細的調查。
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。
ICU Medical Insider Transactions Over The Last Year
過去一年中，我們可以看到最大的內部人員銷售交易是由內部人員喬治·洛佩茲完成的，他以每股107美元的價格出售價值440萬美元的股票。也就是說，即使股票價格低於當前的116美元，某位內部人員也想拋售一些股票。一般而言，當內部人員以低於當前股價的價格出售股票時，我們認爲這是一件令人沮喪的事情，因爲這意味着他們對於更低的估值感到滿意。雖然內部人員的賣出並不是一個積極的信號，但我們不能確定這是否意味着內部人員認爲該股票已經完全被估值，因此這只是一個微弱的信號。這一筆交易僅佔喬治·洛佩茲持股的3.3％。
Over the last year, we can see that the biggest insider sale was by the insider, George Lopez, for US$4.4m worth of shares, at about US$107 per share. That means that even when the share price was below the current price of US$116, 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 3.3% of George Lopez's stake.
去年icu醫療公司的內部人員沒有購買任何公司股票。下圖顯示了過去一年的內部人員（公司和個人）的交易情況。如果您點擊圖表，您可以看到所有的個別交易，包括股價、個人和日期！
In the last year ICU Medical insiders didn't buy any company stock. 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!
對於普通股東來說，值得檢查公司內部人員持有的股份數量。通常，持股超過的內部人員比其他人更有可能被激勵爲長期發展公司。icu醫療公司的內部人員擁有價值約1.69億美元的股份（佔公司總股本的6.0％）。我喜歡看到這種程度的內部人員持股，因爲它增加了管理層考慮股東最佳利益的機會。
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。）
Insiders At ICU Medical Have Sold Stock Recently
icu醫療公司的內部人員最近拋售了股票
Over the last three months, we've seen significant insider selling at ICU Medical. In total, insiders sold US$1.5m 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.
在過去的三個月中，我們看到icu醫療公司有大量內部人員拋售股票。總共，內部人員在此期間賣出了150萬美元的股票，我們並沒有記錄任何購買。這可能表明一些內部人員認爲股票並不便宜。
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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. ICU Medical insiders own about US$169m worth of shares (which is 6.0% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
對於普通股東來說，值得檢查公司內部人員持有的股份數量。通常，持股超過的內部人員比其他人更有可能被激勵爲長期發展公司。icu醫療公司的內部人員擁有價值約1.69億美元的股份（佔公司總股本的6.0％）。我喜歡看到這種程度的內部人員持股，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 ICU Medical Tell Us?
icu醫療公司的內部交易可能告訴我們什麼？內部人員最近拋售股票，但他們並沒有購買。過去一年中，也沒有購買任何股票。看到高內部人員持股是好事，但內部人員的出售讓我們感到謹慎。除了了解正在進行的內部交易，識別icu醫療公司面臨的風險也是有益的。事實上，我們發現了icu醫療公司的兩個警告信號，您應該注意其中1個警告信號有點令人擔憂。
Insiders sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing ICU Medical. Case in point: We've spotted 2 warning signs for ICU Medical you should be aware of, and 1 of these is a bit concerning.
內部人員最近拋售股票，但他們並沒有購買。過去一年中，也沒有購買任何股票。看到高內部人員持股是好事，但內部人員的出售讓我們感到謹慎。除了了解正在進行的內部交易，識別icu醫療公司面臨的風險也是有益的。事實上，我們發現了icu醫療公司的兩個警告信號，您應該注意其中1個警告信號有點令人擔憂。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
當然，您可能會在其他地方找到一項出色的投資。因此，請查看此免費的有趣公司列表。
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。