Possible Bearish Signals With JFrog Insiders Disposing Stock
Possible Bearish Signals With JFrog Insiders Disposing Stock
Many JFrog Ltd. (NASDAQ:FROG) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. 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JFrog Ltd.（納斯達克股票代碼：FROG）內部人士拋售了股票，這可能會引起該公司的股東的興趣。在評估內幕交易時，了解內部人士是否在買入通常比知道他們是否在賣出更有益，因爲後者可能有多種解釋。但是，股東應更深入地研究是否有幾位內部人士在特定時間段內出售股票。
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.
儘管在長期投資方面，內幕交易並不是最重要的事情，但我們確實認爲密切關注內部人士的所作所爲是完全合乎邏輯的。
JFrog Insider Transactions Over The Last Year
去年的JFrog內幕交易
The Lead Independent Director, Yoseph Sela, made the biggest insider sale in the last 12 months. That single transaction was for US$1.9m worth of shares at a price of US$44.32 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$34.81. So it may not tell us anything about how insiders feel about the current share price.
首席獨立董事約瑟夫·塞拉進行了過去12個月中最大規模的內幕出售。這筆單筆交易是價值190萬美元的股票，每股價格爲44.32美元。雖然我們通常不喜歡看到內幕銷售，但更令人擔憂的是是否以較低的價格進行銷售。令人欣慰的是，此次出售的價格遠高於當前的股價，即34.81美元。因此，它可能無法告訴我們內部人士對當前股價的看法。
In the last year JFrog insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
去年，JFrog內部人士沒有購買任何公司股票。你可以在下面看到過去 12 個月內幕交易（公司和個人）的直觀描述。如果你點擊圖表，你可以看到所有的個人交易，包括股價、個人和日期！
I will like JFrog better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.
如果我看到一些重大的內幕收購，我會更喜歡JFrog。在我們等待的同時，請查看這份被低估的小盤股的免費清單，這些股票最近有大量的內幕買盤。
Insiders At JFrog Have Sold Stock Recently
JFrog的內部人士最近出售了股票
The last quarter saw substantial insider selling of JFrog shares. Specifically, insiders ditched US$3.4m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
上個季度，JFrog股票遭到大量內幕拋售。具體而言，內部人士在那段時間拋售了價值340萬美元的股票，我們沒有記錄任何購買記錄。總的來說，這使我們有點謹慎，但這並不是萬能的。
Insider Ownership
內部所有權
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It's great to see that JFrog insiders own 16% of the company, worth about US$581m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
對於普通股股東來說，值得檢查一下公司內部人士持有多少股票。我們通常希望看到相當高的內部所有權水平。很高興看到JFrog內部人士擁有該公司16％的股份，價值約5.81億美元。大多數股東會很高興看到這種內部所有權，因爲這表明管理層的激勵措施與其他股東非常一致。
So What Do The JFrog Insider Transactions Indicate?
那麼 JFrog 內幕交易表明了什麼呢？
Insiders haven't bought JFrog stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. 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 JFrog. For example - JFrog has 3 warning signs we think you should be aware of.
內部人士在過去三個月中沒有買入JFrog的股票，但有一些拋售。而且，即使我們看看去年，我們也沒有看到任何購買。看到較高的內部所有權是件好事，但內幕拋售使我們持謹慎態度。除了了解正在進行的內幕交易外，確定JFrog面臨的風險也是有益的。例如-JFrog 有 3 個警告標誌，我們認爲你應該注意。
Of course JFrog may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
當然，JFrog可能不是最值得購買的股票。因此，您可能希望看到這個免費的高質量公司集合。
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.
就本文而言，內部人士是指向相關監管機構報告其交易的個人。我們目前只考慮公開市場交易和私下處置的直接利益，不包括衍生品交易或間接權益。
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.
對這篇文章有反饋嗎？對內容感到擔憂？直接聯繫我們。 或者，給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論，我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議，也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意，我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之，華爾街沒有持有任何上述股票的頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對這篇文章有反饋嗎？對內容感到擔憂？直接聯繫我們。 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。