share_log

Don't Ignore The Insider Selling In O'Reilly Automotive

Don't Ignore The Insider Selling In O'Reilly Automotive

不要忽视O'Reilly Automotive的内幕销售
Simply Wall St ·  02/24 21:21

We wouldn't blame O'Reilly Automotive, Inc. (NASDAQ:ORLY) shareholders if they were a little worried about the fact that David O'Reilly, the Executive Vice Chairman recently netted about US$11m selling shares at an average price of US$1,054. However, that sale only accounted for 3.7% of their holding, so arguably it doesn't say much about their conviction.

如果奥赖利汽车公司(纳斯达克股票代码:ORLY)的股东对执行副董事长戴维·奥赖利最近以1,054美元的平均价格净出售股票约1100万美元感到担忧,我们就不会责怪他们。但是,这笔出售仅占他们持股量的3.7%,因此可以说,这并不能说明他们的定罪。

O'Reilly Automotive Insider Transactions Over The Last Year

去年 O'Reilly 汽车内幕交易

In fact, the recent sale by Executive Vice Chairman David O'Reilly was not their only sale of O'Reilly Automotive shares this year. They previously made an even bigger sale of -US$25m worth of shares at a price of US$932 per share. That means that even when the share price was below the current price of US$1,058, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 8.9% of David O'Reilly's stake.

实际上,执行副董事长戴维·奥赖利最近的出售并不是他们今年唯一一次出售奥赖利汽车股票。他们此前以每股932美元的价格出售了价值-2500万美元的股票。这意味着,即使股价低于当前的1,058美元,内部人士也想套现一些股票。当内部人士以低于当前价格的价格出售时,这表明他们认为较低的价格是公平的。这让我们想知道他们如何看待最近(更高的)估值。但是,尽管内幕销售有时令人沮丧,但这只是一个微弱的信号。此次出售仅占大卫·奥赖利股份的8.9%。

In the last year O'Reilly Automotive insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

去年,奥赖利汽车内部人士没有购买任何公司股票。下图显示了去年的内幕交易(公司和个人)。通过点击下面的图表,你可以看到每笔内幕交易的确切细节!

insider-trading-volume
NasdaqGS:ORLY Insider Trading Volume February 24th 2024
纳斯达克GS:奥利内幕交易量 2024 年 2 月 24 日

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

如果你喜欢买内部人士买入而不是卖出的股票,那么你可能会喜欢这份免费的公司名单。(提示:业内人士一直在购买它们)。

Insider Ownership Of O'Reilly Automotive

O'Reilly Automotive 的内部所有权

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. O'Reilly Automotive insiders own about US$610m worth of shares (which is 1.0% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

对于普通股股东来说,值得检查一下公司内部人士持有多少股票。我们通常希望看到相当高的内部所有权水平。奥赖利汽车内部人士拥有价值约6.1亿美元的股份(占该公司的1.0%)。大多数股东会很高兴看到这种内部所有权,因为这表明管理层的激励措施与其他股东非常一致。

What Might The Insider Transactions At O'Reilly Automotive Tell Us?

O'Reilly Automotive的内幕交易可能告诉我们什么?

Insiders sold O'Reilly Automotive shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since O'Reilly Automotive 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. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Be aware that O'Reilly Automotive is showing 3 warning signs in our investment analysis, and 1 of those makes us a bit uncomfortable...

内部人士最近出售了O'Reilly Automotive的股票,但他们没有买入任何股票。展望过去的十二个月,我们的数据并未显示任何内幕买盘。但是,由于O'Reilly Automotive实现了盈利且正在增长,因此我们对此并不太担心。该公司拥有很高的内部所有权,但考虑到股票销售的历史,我们有点犹豫。因此,这些内幕交易可以帮助我们建立有关股票的论点,但也值得了解这家公司面临的风险。请注意,O'Reilly Automotive在我们的投资分析中显示了3个警告信号,其中一个让我们有点不舒服...

Of course O'Reilly Automotive may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

当然,O'Reilly Automotive可能不是最好的买入股票。因此,您可能希望看到这个免费的高质量公司集合。

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.

就本文而言,内部人士是指向相关监管机构报告其交易的个人。我们目前只考虑公开市场交易和私下处置的直接利益,不包括衍生品交易或间接权益。

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.

对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    抢沙发