Installed Building Products Insiders Sold US$29m Of Shares Suggesting Hesitancy
Installed Building Products Insiders Sold US$29m Of Shares Suggesting Hesitancy
In the last year, many Installed Building Products, Inc. (NYSE:IBP) insiders sold a substantial stake in the company which may have sparked shareholders' attention. 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.
去年很多Installed Building Products，Inc.（紐交所：IBP）的內部人士出售了公司的大量股份，這可能引起了股東的注意。在評估內部交易時，了解內部人員是否正在買入通常比了解是否正在賣出更有益，因爲後者可能會有許多不同的解讀。然而，如果許多內部人員正在出售，股東應該進行更多調查。
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
雖然在長期投資方面內部交易並非最重要的事情，但完全忽略內部交易是愚蠢的。
The Last 12 Months Of Insider Transactions At Installed Building Products
Installed Building Products的內部交易過去12個月情況
The Chairman, Jeffrey Edwards, made the biggest insider sale in the last 12 months. That single transaction was for US$24m worth of shares at a price of US$243 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$206). So it is hard to draw any strong conclusion from it.
主席Jeffrey Edwards在過去12個月中進行了最大規模的內部交易，單筆交易金額爲2400萬美元，每股價格爲243美元。儘管內部人員的賣出是負面的，但對我們來說，如果股票以更低的價格賣出，則更爲負面。好的一面是，這次賣出是在最新股價206美元以上進行的。因此很難從中得出任何結論。
In the last year Installed Building Products insiders didn't buy any company stock. 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!
過去一年，Installed Building Products的內部人員沒有買入任何公司股票。您可以在下面的圖表中看到過去一年公司和個人的內部交易情況。如果您想知道誰以多少錢和何時出售，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。
Installed Building Products Insiders Are Selling The Stock
Installed Building Products的內部人員正在出售股票
The last three months saw significant insider selling at Installed Building Products. Specifically, insiders ditched US$1.8m 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.
過去三個月中，Installed Building Products發生了大量內部人員的賣出。具體來說，內部人員在這段時間裏拋售了價值180萬美元的股票，我們沒有記錄任何購買。這可能意味着，一些內部人員認爲股票並不便宜。
Insider Ownership
內部人員持股情況
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Installed Building Products insiders own about US$968m worth of shares (which is 17% 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.
我喜歡看內部人員在公司中持有的股份數量，以幫助了解他們與內部人員的利益是否一致。高比例的內部股權通常會使公司領導更加重視股東利益。Installed Building Products的內部人員擁有價值約9.68億美元的股票（佔公司股份的17%）。我喜歡看到這種程度的內部股權，因爲它增加了管理層考慮股東最佳利益的機會。
So What Does This Data Suggest About Installed Building Products Insiders?
那麼，這些數據對Installed Building Products的內部人員來說意味着什麼呢？內部人員最近出售了股票，但他們一直沒有買入。回顧過去12個月，我們的數據沒有顯示任何內部交易。但值得注意的是，Installed Building Products正在增加收益。公司擁有高比例的內部股權，但考慮到股票交易的歷史，我們還是有些猶豫。因此，了解內部人員的買入或賣出情況固然有用，但了解一家特定公司面臨的風險也很有用。您會很感興趣知道，我們在Installed Building Products發現了2個警告信號，建議您查看。
Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that Installed Building Products is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. You'd be interested to know, that we found 2 warning signs for Installed Building Products and we suggest you have a look.
內部人員最近出售了股票，但他們一直沒有買入。回顧過去12個月，我們的數據沒有顯示任何內部交易。但值得注意的是，Installed Building Products正在增加收益。公司擁有高比例的內部股權，但考慮到股票交易的歷史，我們還是有些猶豫。因此，了解內部人員的買入或賣出情況固然有用，但了解一家特定公司面臨的風險也很有用。您會很感興趣知道，我們在Installed Building Products發現了2個警告信號，建議您查看。
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。