REX American Resources Insiders Sell US$3.3m Of Stock, Possibly Signalling Caution
REX American Resources Insiders Sell US$3.3m Of Stock, Possibly Signalling Caution
Over the past year, many REX American Resources Corporation (NYSE:REX) insiders sold a significant stake in the company which may have piqued investors' interest. 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, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
過去一年，許多REX American Resources Corporation (NYSE:REX)的內部人士出售了公司的重要股份，這可能引起了投資者的興趣。當分析內部交易時，通常更有價值的是知道內部人員是買入還是賣出，而不是知道他們是否正在賣出，因爲後者會發出模棱兩可的信息。但是，當多個內部人員在特定時間內出售股票時，股東應該注意到這可能是一個紅旗。
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 REX American Resources
REX American Resources公司內部交易的最後12個月
The Executive Chairman & Head of Corporate Development, Stuart Rose, made the biggest insider sale in the last 12 months. That single transaction was for US$1.2m worth of shares at a price of US$59.65 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$42.72. So it may not shed much light on insider confidence at current levels.
執行董事兼企業發展總裁Stuart Rose在過去的12個月中進行了最大規模的內部人員出售。這一單次交易價值120萬美元，每股價格爲59.65美元。我們通常不喜歡看到內部人員出售股票，但是低價出售，這讓我們更加擔憂。值得一提的是，本次交易的價格遠高於當前股價42.72美元，因此可能對目前水平的內部信心沒有太多啓示。
REX American Resources insiders didn't buy any shares over the last year. 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!
REX American Resources的內部人員在過去一年內沒有購買任何股票。您可以在以下圖表中看到過去一年內公司和個人的內部交易。如果您想知道確切的賣出價格和時間，只需點擊下面的圖表！
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。
Insiders At REX American Resources Have Sold Stock Recently
REX American Resources的內部人員最近出售了股票
The last three months saw significant insider selling at REX American Resources. In total, insiders dumped US$688k 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，REX American Resources的內部人員大量出售了股票。總共，內部人員在那段時間內拋售了價值68.8萬美元的股票，並且我們沒有記錄到任何購買。這可能表明一些內部人員認爲股票價格不便宜。
Insider Ownership Of REX American Resources
REX American Resources的內部持股情況
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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 5.1% of REX American Resources shares, worth about US$40m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
我喜歡查看內部人員在公司擁有多少股份，以幫助我了解他們與內部人員的利益相關程度。通常情況下，持股比例越高，內部人員就越有動力長期發展公司。內部人員持有REX American Resources的股份爲5.1%，價值約4000萬美元。我們確實看到在其他地方有更高水平的內部持股，但這些持股足以暗示內部人員與其他股東的一致性。
So What Do The REX American Resources Insider Transactions Indicate?
REX American Resources的內部交易究竟說明了什麼？
Insiders sold REX American Resources shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But it is good to see that REX American Resources is growing earnings. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. 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. You'd be interested to know, that we found 1 warning sign for REX American Resources and we suggest you have a look.
內部人員最近出售了REX American Resources的股票，但他們並沒有購買任何股票。即使我們看過去一年，我們也沒有看到任何購買行爲。但是看到REX American Resources的盈利增長確實是好事。雖然內部人員擁有股份，但他們並不擁有很多，而且他們一直在出售。因此，在仔細考慮後我們才會買入。儘管了解內部人員的所有權和交易情況很重要，但在做出任何投資決策之前，我們還必須考慮股票面臨的風險。您可能會感興趣的是，我們找到了REX American Resources的1個警示信號，建議您查看。
Of course REX American Resources may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
當然，REX American Resources可能不是最好的股票購買對象。因此，您可能希望查看這些高品質公司的免費收藏。
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。