Ecolab Insider Lowered Holding By 28% During Last Year
Ecolab Insider Lowered Holding By 28% During Last Year
Looking at Ecolab Inc.'s (NYSE:ECL ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.
通過上一年的藝康集團（NYSE：ECL）內部交易，我們可以看到內部人員是淨賣家。也就是說，股東內部賣出的股票數量多於購買的數量。
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。
Ecolab Insider Transactions Over The Last Year
藝康集團近一年內的內部交易情況
The Executive Vice President of Corporate Strategy & Business Development, Angela Busch, 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$184 each. That means that an insider was selling shares at slightly below the current price (US$238). 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. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 28% of Angela Busch's stake. Angela Busch was the only individual insider to sell shares in the last twelve months.
公司戰略和業務拓展執行副總裁Angela Busch在過去12個月中進行了最大的內部交易。那次交易是以每股184美元的價格售出了價值100萬美元的股票。這意味着內部人員以略低於當前價（238美元）的價格賣出了股票。一般來說，當內部人員以低於當前價格出售時，我們認爲這是令人沮喪的，因爲這意味着他們對更低的估值感到滿意。然而，雖然內部人員的售出有時令人沮喪，但它只是一個薄弱的信號。Angela Busch僅賣出了她所持股份的28％。過去12個月中，Angela Busch是唯一一位賣出股票的內部人員。
Angela Busch divested 7.71k shares over the last 12 months at an average price of US$185. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
在過去的12個月中，Angela Busch以平均每股185美元的價格拋售了7.71k股。您可以在下面看到（由公司和個人）過去12個月內部交易的視覺描述。通過點擊下面的圖表，您可以查看每個內部交易的詳細信息！
If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.
如果您和我一樣，您就不會錯過這個免費的小盤股票列表，這些股票不僅被內部人士購買，而且估值也很有吸引力。
Insiders At Ecolab Have Bought Stock Recently
藝康集團股東最近一直在購買股票
Over the last three months, we've seen significant insider buying at Ecolab. We can see that Independent Lead Director David MacLennan paid US$148k for shares in the company. No-one sold. This is a positive in our book as it implies some confidence.
在過去的三個月裏，我們看到藝康集團的內部人員有重要的購買行爲。我們可以看到，獨立董事David MacLennan 以148,000美元買入了公司的股票，沒有人賣出。這顯示他們對藝康集團有一定的信心。
Insider Ownership Of Ecolab
藝康集團的內部股權情況
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.1% of Ecolab shares, worth about US$74m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
許多投資者喜歡檢查內部人員擁有公司的股份有多少。高內部人員持股往往會使公司的領導層更加關注股東利益。內部人員擁有藝康集團股票的0.1％，價值約7,400萬美元。雖然這是一個強有力但並不突出的內部持股水平，但足以表明管理層與小股東之間存在某種對齊。
So What Does This Data Suggest About Ecolab Insiders?
藝康集團內部人員的行動意味着什麼？
It is good to see the recent insider purchase. However, the longer term transactions are not so encouraging. While recent transactions indicate confidence in Ecolab, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. Overall they seem reasonably aligned. 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. Case in point: We've spotted 1 warning sign for Ecolab you should be aware of.
最近的內部購買看起來是良好的。然而，長期的交易並不那麼鼓舞人心。儘管最近的交易表明他們對藝康集團充滿信心，但內部人員沒有擁有足夠的公司股份來克服我們對長期交易的謹慎態度。整體上，他們看起來是相當一致的。雖然了解內部人員的所有權和交易情況很好，但我們還需要考慮任何投資決策前股票面臨的風險。就此例而言：我們發現了藝康集團需要注意的1個警示標誌。
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。
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。