One Arista Networks Insider Has Reduced Their Stake
One Arista Networks Insider Has Reduced Their Stake
Looking at Arista Networks, Inc.'s (NYSE:ANET ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.
从过去一年的纽交所（NYSE：ANET）交易事务来看，我们可以看到内部人员净卖出的情况。也就是说，内部人员售出的股份数量比购买的股份数量多。
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
虽然我们不认为股东应该简单地跟随内部交易，但完全忽略内部交易将是愚蠢的。
The Last 12 Months Of Insider Transactions At Arista Networks
Arista Networks过去12个月内的内部交易记录
The Co-Founder, Kenneth Duda, made the biggest insider sale in the last 12 months. That single transaction was for US$4.7m worth of shares at a price of US$326 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$348. 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. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 1.3% of Kenneth Duda's stake. Kenneth Duda was the only individual insider to sell shares in the last twelve months.
联合创始人Kenneth Duda在过去12个月中进行了最大规模的内部售卖。单笔交易价值470万美元，每股价格为326美元。因此，可以清楚地看出内部人员想卖出一些股份，甚至低于当前的348美元价格。我们通常认为，如果内部人员出售，尤其是如果他们低于当前价格出售，那么这是一个负面信号，因为这意味着他们认为较低的价格是合理的。虽然内部人员的售出并不是一个积极的信号，但我们不能确定它是否意味着内部人员认为这些股份的估值已经充分，因此这只是一个弱信号。这笔售卖仅占Kenneth Duda持股的1.3%。过去12个月中，Kenneth Duda是唯一一个出售股票的内部人员。
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!
以下图表显示了过去一年中公司和个人的内部交易。单击下面的图表，即可查看每个内部交易的详细信息！
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
如果你喜欢购买内部人员正在购买而不是销售的股票，那么你可能会喜欢这份免费的公司列表。（提示：它们中的大部分都被忽视了。）
Insiders At Arista Networks Have Sold Stock Recently
Arista Networks近期内部人员出售了股票
The last quarter saw substantial insider selling of Arista Networks shares. In total, Co-Founder Kenneth Duda dumped US$4.7m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.
最近一个季度，Arista Networks的内部人员大量出售了股份。总共，联合创始人Kenneth Duda在那段时间卖掉了价值470万美元的股份，而我们没有记录任何购买行为。考虑到这一点，很难说所有内部人员都认为这些股份是便宜的。
Insider Ownership Of Arista Networks
Arista Networks的内部所有权
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Arista Networks insiders own 18% of the company, currently worth about US$19b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
查看公司内部股东持股总量可以帮助您了解他们是否与普通股东很好地相符。高内部股权通常使公司领导更加关注股东利益。Arista Networks的内部人员拥有该公司18%的股份，根据最近的股价，目前价值约为190亿美元。大多数股东都会高兴看到这种程度的内部所有权，因为这表明管理层的激励与其他股东的激励是相互相符的。
What Might The Insider Transactions At Arista Networks Tell Us?
Arista Networks的内部交易记录可能告诉我们什么？
An insider hasn't bought Arista Networks 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. But it is good to see that Arista Networks is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Arista Networks. Case in point: We've spotted 1 warning sign for Arista Networks you should be aware of.
内部人员在过去三个月内没有购买Arista Networks的股票，但有出售。即使我们看一下过去一年，也没有看到任何购买行为。但是，看到Arista Networks正在增加收入是好的。该公司拥有很高的内部所有权，但考虑到售股的历史，我们还是有点犹豫。此外，了解正在发生的内部交易不仅有益于确定Arista Networks面临的风险。案例证明：我们发现了一项Arista Networks的警告信号，您应该注意。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
当然，您可能会在其他地方找到一项出色的投资。因此，请查看此免费的有趣公司列表。
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.
对于本文而言，内部人是指向相关监管机构报告其交易的个人。我们目前仅考虑公开市场交易和直接利益的私人处置，但不包括衍生交易或间接利益。
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