Insiders At Nongfu Spring Sold CN¥69m In Stock, Alluding To Potential Weakness
Insiders At Nongfu Spring Sold CN¥69m In Stock, Alluding To Potential Weakness
Many Nongfu Spring Co., Ltd. (HKG:9633) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
過去一年中，許多農夫山泉股份有限公司（HKG:9633）的內部人士賣出了其股票，這可能會引起公司股東的注意。在評估內幕交易時，了解內部人士是否正在買入通常更有幫助，因爲內部人士賣出可能有多種解釋。然而，當多個內部人士在特定期間內賣出股票時，股東應該注意，因爲這可能是一個警示信號。
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
雖然我們永遠不會建議投資者僅基於公司董事已經做出的決策而做出決策，但同時我們認爲完全忽略內部交易是愚蠢的。
Nongfu Spring Insider Transactions Over The Last Year
過去一年中的農夫山泉內部交易
Over the last year, we can see that the biggest insider sale was by the insider, Lian Xue, for HK$64m worth of shares, at about HK$45.39 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (HK$34.70). So it is hard to draw any strong conclusion from it.
在過去一年中，我們可以看到最大規模的內部人士出售是由內部人士連雪出售的價值6400萬港元的股票，每股價格約爲45.39港元。我們通常不喜歡看到內幕人士出售，但是賣出價格越低，我們就越擔心。好的方面是，這次出售是在最新價格（34.70港元）之上進行的。因此，很難從中得出任何強烈的結論。
Insiders in Nongfu Spring didn't buy any shares in 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!
農夫山泉的內部人士在過去一年中沒有購買任何股票。您可以在下面的圖表中查看過去一年內的內部人士交易（按照公司和個人）。如果您想知道究竟是誰以多少錢和何時賣出，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。
Insiders At Nongfu Spring Have Sold Stock Recently
農夫山泉的內部人士最近拋售了股票
Over the last three months, we've seen significant insider selling at Nongfu Spring. Specifically, Company Secretary & Executive Director Linyou Han ditched HK$1.3m 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，我們看到農夫山泉的內部人士大量拋售股票。具體而言，公司秘書兼執行董事韓林友在此期間出售了價值130萬港元的股票，我們沒有記錄任何購買。這可能表明一些內部人士認爲股票不便宜。
Does Nongfu Spring Boast High Insider Ownership?
農夫山泉是否擁有高內部人士所有權？
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Nongfu Spring insiders own 84% of the company, currently worth about HK$329b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
查看公司內部人士持股總數可以幫助您判斷他們是否與普通股東保持良好的一致性。通常，內部人士所有權越高，他們就越有可能受到激勵爲長期發展公司努力。農夫山泉的內部人士擁有該公司的84%股份，目前根據最新股價價值約爲3290億港元。內部人士擁有如此重要的所有權確實增加了公司利益與所有股東的相關性的機會。
So What Does This Data Suggest About Nongfu Spring Insiders?
那麼這些信息對農夫山泉的內部人士意味着什麼？
An insider hasn't bought Nongfu Spring stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. But since Nongfu Spring is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. Of course, the future is what matters most. So if you are interested in Nongfu Spring, you should check out this free report on analyst forecasts for the company.
在過去三個月中，內部人士沒有購買農夫山泉的股票，但是有一些拋售。回顧過去十二個月，我們的數據沒有顯示任何內部人士購買。但是，由於農夫山泉具有盈利和增長能力，我們不會過於擔心。該公司擁有高內部人士所有權，但考慮到出售股份的歷史，我們有些猶豫。當然，未來最重要。因此，如果您對農夫山泉感興趣，您應該查看有關該公司的分析師預測的免費報告。
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？關注內容？請直接與我們聯繫。或者，發送電子郵件至editorial-team@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？ 對內容感到擔憂？ 請直接與我們聯繫。 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。