Don't Ignore The Insider Selling In Piper Sandler Companies
Don't Ignore The Insider Selling In Piper Sandler Companies
We wouldn't blame Piper Sandler Companies (NYSE:PIPR) shareholders if they were a little worried about the fact that Jonathan Doyle, the Senior Managing Principal recently netted about US$3.4m selling shares at an average price of US$335. However, that sale only accounted for 6.2% of their holding, so arguably it doesn't say much about their conviction.
如果派傑投資公司(紐交所:PIPR)股東們對最近首席管理負責人Jonathan Doyle以平均價格爲335美元出售股票而套現約340萬美元有些擔憂,我們也不會覺得奇怪。然而,這次交易只佔其全部持股的6.2%,因此可以說這並不完全表明他們的信心。
Piper Sandler Companies Insider Transactions Over The Last Year
過去一年派傑投資公司內部交易情況
Notably, that recent sale by Senior Managing Principal Jonathan Doyle was not the only time they sold Piper Sandler Companies shares this year. Earlier in the year, they fetched US$185 per share in a -US$5.5m sale. So it's clear an insider wanted to take some cash off the table, even below the current price of US$342. 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. It is worth noting that this sale was only 15% of Jonathan Doyle's holding.
值得注意的是,首席管理負責人Jonathan Doyle最近的出售並不是今年他們售出派傑投資公司股票的唯一時刻。年初時,他們以每股185美元的價格出售,總額爲負550萬美元。因此,顯而易見內部人士想要獲取一些現金,甚至低於當前342美元的價格。通常情況下,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,雖然內幕交易有時令人沮喪,但這只是一個微弱信號。值得注意的是,這次交易僅佔Jonathan Doyle持股的15%。
In the last year Piper Sandler Companies 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!
過去一年,派傑投資公司內部人員沒有買入任何股票。您可以在下方看到內部交易(公司和個人)過去12個月的可視化展示。點擊下方的圖表,您可以查看每筆內部交易的詳細信息!
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。
Insider Ownership Of Piper Sandler Companies
派傑投資公司內部所有權
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Piper Sandler Companies insiders own 3.2% of the company, currently worth about US$173m 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.
另一種測試公司領導人與其他股東之間對齊程度的方法是看看他們擁有多少股份。如果內部人士擁有公司的大量股份,我認爲這是一個好跡象。派傑投資公司內部人士擁有公司的3.2%,根據最近的股價大約價值約17300萬美元。內部人士擁有公司的這種大量股權一般會增加公司以所有股東的利益來運行的機會。
So What Does This Data Suggest About Piper Sandler Companies Insiders?
那麼,這些數據對派傑投資公司的內部人士有什麼建議?
Insiders sold Piper Sandler Companies shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that Piper Sandler Companies is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Piper Sandler Companies.
內部人士最近賣出了派傑投資公司的股票,但他們沒有買入。回顧過去的十二個月,我們的數據沒有顯示任何內部人士買入的情況。但看到派傑投資公司正在增加收益是好事。該公司擁有高比例的內部所有權,但鑑於股票銷售的歷史,我們有些猶豫。因此,這些內部交易可以幫助我們建立關於股票的論點,但也值得知道這家公司面臨的風險。爲了幫助理解這一點,我們發現了2個您應該注意的警示信號,可以幫助您更全面地了解派傑投資公司。
But note: Piper Sandler Companies may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
但請注意:派傑投資公司可能不是最佳的股票選擇。因此,請瀏覽這份高roe和低債務的有趣公司的免費列表。
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。
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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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Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。
譯文內容由第三人軟體翻譯。