Don't Ignore The Insider Selling In Meritage Homes
Don't Ignore The Insider Selling In Meritage Homes
We'd be surprised if Meritage Homes Corporation (NYSE:MTH) shareholders haven't noticed that the Executive VP, Phillippe Lord, recently sold US$407k worth of stock at US$163 per share. However, the silver lining is that the sale only reduced their total holding by 2.4%, so we're hesitant to read anything much into it, on its own.
如果Meritage Homes Corporation(纽约证券交易所代码:MTH)的股东没有注意到执行副总裁菲利普·洛德最近以每股163美元的价格出售了价值40.7万美元的股票,我们会感到惊讶。但是,一线希望是,此次出售仅使他们的总持股量减少了2.4%,因此我们不愿单独解读其中的任何内容。
Meritage Homes Insider Transactions Over The Last Year
去年 Meritage Homes 的内幕交易
In the last twelve months, the biggest single sale by an insider was when the Independent Director, Michael Odell, sold US$1.3m worth of shares at a price of US$128 per share. That means that an insider was selling shares at slightly below the current price (US$154). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 29% of Michael Odell's stake.
在过去的十二个月中,内部人士最大的一次出售是独立董事迈克尔·奥德尔以每股128美元的价格出售了价值130万美元的股票。这意味着一位内部人士正在以略低于当前价格(154美元)的价格出售股票。如果内部人士一直在卖出,特别是如果他们卖出低于当前价格,我们通常认为这是负面的,因为这意味着他们认为较低的价格是合理的。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。此次出售仅占迈克尔·奥德尔股份的29%。
Meritage Homes 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!
去年,Meritage Homes内部人士没有购买任何股票。您可以看到下图所示的去年的内幕交易(公司和个人)。如果你想确切地知道谁卖了、卖了多少以及何时出售,只需点击下图!
![insider-trading-volume](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240315/0-b42caeec2300359defef4ddc5ecd6b86-0-79e6b947f6d69d8d31cd91d80f51f950.png/big)
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 Meritage Homes
Meritage Homes 的内部所有权
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Meritage Homes insiders own 2.1% of the company, worth about US$121m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
测试公司领导者与其他股东之间一致性的另一种方法是查看他们拥有多少股份。较高的内部所有权通常会使公司领导层更加关注股东的利益。很高兴看到Meritage Homes内部人士拥有该公司2.1%的股份,价值约1.21亿美元。我喜欢看到这种程度的内部所有权,因为它增加了管理层考虑股东最大利益的机会。
So What Does This Data Suggest About Meritage Homes Insiders?
那么,这些数据对Meritage Homes内部人士有何启示呢?
An insider hasn't bought Meritage Homes stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. While we like knowing 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. Case in point: We've spotted 2 warning signs for Meritage Homes you should be aware of.
在过去的三个月中,一位内部人士没有购买过Meritage Homes的股票,但出现了一些抛售。而且,即使我们看看去年,我们也没有看到任何购买。尽管内部人士确实拥有该公司的大量股份(这很好),但我们对他们交易的分析并不能使我们对公司充满信心。虽然我们喜欢了解内部人士的所有权和交易情况,但在做出任何投资决策之前,我们一定要考虑股票面临的风险。一个很好的例子:我们已经发现了两个你应该注意的Meritage Homes警告标志。
Of course Meritage Homes may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
当然,Meritage Homes可能不是最值得购买的股票。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。
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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。