Insiders At EnLink Midstream Sold US$6.6m In Stock, Alluding To Potential Weakness
Insiders At EnLink Midstream Sold US$6.6m In Stock, Alluding To Potential Weakness
The fact that multiple EnLink Midstream, LLC (NYSE:ENLC) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, if numerous insiders are selling, shareholders should investigate more.
在过去的一年中，多位EnLink Midstream, LLC（纽约证券交易所代码：ENLC）内部人士抛售了大量股票，这一事实可能会引起投资者的关注。在评估内幕交易时，了解内部人士是否在买入通常更有帮助，因为内幕卖出可以有多种解释。但是，如果有许多内部人士出售，股东应该进行更多调查。
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
尽管在长期投资中，内幕交易并不是最重要的事情，但我们认为完全忽视内幕交易是愚蠢的。
The Last 12 Months Of Insider Transactions At EnLink Midstream
EnLink Midstream 过去 12 个月的内幕交易
In the last twelve months, the biggest single sale by an insider was when the Executive VP & CFO of EnLink Midstream Manager, Benjamin Lamb, sold US$3.0m worth of shares at a price of US$12.08 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$14.01. 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. It is worth noting that this sale was only 32% of Benjamin Lamb's holding.
在过去的十二个月中，内部人士最大的一次出售是EnLink中游经理执行副总裁兼首席财务官本杰明·兰姆以每股12.08美元的价格出售了价值300万美元的股票。因此，很明显，一位内部人士想从桌上提取一些现金，甚至低于目前的14.01美元。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。值得注意的是，此次出售仅占本杰明·兰姆持股的32％。
EnLink Midstream insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
去年，EnLink Midstream内部人士没有购买任何股票。你可以在下面看到过去 12 个月的内幕交易（公司和个人）的直观描述。如果你点击图表，你可以看到所有的个人交易，包括股价、个人和日期！
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.
如果你像我一样，那么你一定不想错过这份免费的小盘股清单，这些股票不仅被内部人士买入，而且估值也很有吸引力。
Insider Ownership Of EnLink Midstream
EnLink Midstream 的内部所有权
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. It appears that EnLink Midstream insiders own 0.3% of the company, worth about US$16m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
许多投资者喜欢查看公司内部人士拥有多少股份。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。看来EnLink Midstream内部人士拥有该公司0.3％的股份，价值约1600万美元。当然，我们在其他地方看到了更高的内部所有权水平，但这些持股足以表明内部人士与其他股东之间的一致性。
So What Do The EnLink Midstream Insider Transactions Indicate?
那么，EnLink的中游内幕交易表明了什么呢？
It doesn't really mean much that no insider has traded EnLink Midstream shares in the last quarter. Still, the insider transactions at EnLink Midstream in the last 12 months are not very heartening. But we do like the fact that insiders own a fair chunk of the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing EnLink Midstream. Every company has risks, and we've spotted 3 warning signs for EnLink Midstream (of which 1 is a bit unpleasant!) you should know about.
上个季度没有内部人士交易过EnLink Midstream的股票，这并没有多大意义。尽管如此，在过去的12个月中，EnLink Midstream的内幕交易并不十分令人鼓舞。但是我们确实喜欢内部人士拥有公司相当一部分股份的事实。除了了解正在进行的内幕交易外，确定EnLink Midstream面临的风险也是有益的。每家公司都有风险，我们发现了 EnLink Midstream 的 3 个警告信号（其中 1 个有点不愉快！）你应该知道。
But note: EnLink Midstream 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.
但请注意：EnLink Midstream可能不是最好的买入股票。因此，来看看这份投资回报率高、债务低的有趣公司的免费清单。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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