Eaton Insiders Sell US$4.2m Of Stock, Possibly Signalling Caution
Eaton Insiders Sell US$4.2m Of Stock, Possibly Signalling Caution
Many Eaton Corporation plc (NYSE:ETN) 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，很多 Eaton Corporation plc (NYSE:ETN) 的內部人士紛紛出售自己的股票，這可能會引起公司股東的關注。檢查內部人士的交易時，了解他們是否在購買股票通常比了解他們是否在出售更有益，因爲後者可能會有多重解讀。然而，如果幾個內部人士在特定時間段內出售股票，股東們應該深入了解。
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 Eaton
Eaton 在過去的 12 個月內的內部交易
In the last twelve months, the biggest single sale by an insider was when the Executive VP & CFO, Olivier Leonetti, sold US$1.2m worth of shares at a price of US$272 per share. That means that even when the share price was below the current price of US$295, an insider wanted to cash in some shares. 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. We note that the biggest single sale was 88% of Olivier Leonetti's holding.
在過去的 12 個月內，執行副總裁兼首席財務官奧利維爾·萊昂內蒂（Olivier Leonetti）出售價值 120 萬美元的股票，每股價格爲 272 美元，這是內部人士中最大規模的單筆出售。這意味着即使股價低於目前的 295 美元，內部人士也想賣出一些股票。一般來說，如果內部人士在當前價位下出售股票，我們認爲這是令人沮喪的，因爲它表明他們對低估值感到滿意。然而，雖然內部人士的出售有時是令人沮喪的，但僅僅是一個微弱的信號。我們注意到最大規模的單筆出售佔了奧利維爾·萊昂內蒂持有股份的 88%。
In the last year Eaton 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. By clicking on the graph below, you can see the precise details of each insider transaction!
在過去的一年中，Eaton 的內部人士沒有購買任何公司股票。下面可以看到內部人士（包括公司和個人）在過去 12 個月內的交易情況的圖表。點擊下面的圖表，您可以查看每個內部人士交易的詳細信息！
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。
Eaton Insiders Are Selling The Stock
Eaton 的內部人士正在拋售股票
The last three months saw significant insider selling at Eaton. In total, Executive VP & Chief Legal Officer Taras Szmagala sold US$97k 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，Eaton 的內部人士出售了大量的股票。在這段時間內，執行副總裁兼首席法律官塔拉斯·斯馬加拉（Taras Szmagala）共出售了價值 9.7 萬美元的股票，而我們沒有記錄任何購買記錄。這可能表明一些內部人士認爲股票不便宜。
Insider Ownership Of Eaton
Eaton 的內部所有權
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. Eaton insiders own 0.2% of the company, currently worth about US$282m 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.
許多投資者喜歡檢查公司內部持有多少股份。高內部持股往往使公司領導更加關注股東利益。Eaton 的內部人士擁有該公司的 0.2% 的股份，根據最近的股價，價值約爲 2820 萬美元。這種內部人士的重要持股往往會增加公司以所有股東的利益運行的機會。
What Might The Insider Transactions At Eaton Tell Us?
Eaton 的內部交易可能會告訴我們什麼？
An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. On the plus side, Eaton makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Eaton.
內部人士最近出售了一些股票，但他們沒有進行過買入。即使我們查看過去的一年，也沒有看到任何購買記錄。好的一面是 Eaton 賺了錢，並增加了利潤。公司擁有高內部所有權，但鑑於股票銷售的歷史，我們有些猶豫。因此，您一定要看看這份免費的報告，其中顯示了 Eaton 的分析師預測。
Of course Eaton may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
當然，Eaton 可能不是最好的股票購買選擇。因此，您可能希望查看這些高質量公司的免費收藏。
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。
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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.
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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。
譯文內容由第三人軟體翻譯。