Possible Bearish Signals With VeriSign Insiders Disposing Stock
Possible Bearish Signals With VeriSign Insiders Disposing Stock
The fact that multiple VeriSign, Inc. (NASDAQ:VRSN) 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, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
过去一年间多名威瑞信公司（纳斯达克:VRSN）的内部人士抛售了相当数量的股份，这可能会在投资者之间引起一些疑虑。通常在评估内部交易时，了解内部人士是否购买更有帮助，因为内部人士出售股票的原因可能有各种各样的解释。然而，当多个内部人士在特定的时间段内出售股票时，股东应该注意到这一点，因为这可能是一个红旗信号。
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
虽然我们绝不建议投资者仅基于公司董事所做的事情来作出决策，但我们认为密切关注内部人士所做的事情是完全合理的。
The Last 12 Months Of Insider Transactions At VeriSign
威瑞信的内部交易过去12个月的情况
In the last twelve months, the biggest single sale by an insider was when the Executive Chairman, D. Bidzos, sold US$3.2m worth of shares at a price of US$220 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$175. So it may not shed much light on insider confidence at current levels.
在过去的12个月中，董事长D. Bidzos抛售了价值320万美元的股票，每股价格为220美元，这是内部人士单笔最大的交易。通常来说，我们不喜欢看到内部人士出售股票，但如果出售价格较低则更令人担忧。这次交易的价格远高于当前的股价175美元，这也说明了内部人士对当前股价的信心不容置疑。
In the last year VeriSign insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
在过去的一年中，威瑞信内部人士没有购买任何公司股票。下面的图表显示了过去一年中公司和个人的内部交易情况。如果单击图表，您可以看到所有单个交易，包括股价、个人和日期！
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。）
VeriSign Insiders Are Selling The Stock
威瑞信内部人士正在抛售股票
The last quarter saw substantial insider selling of VeriSign shares. Specifically, insiders ditched US$476k 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.
在上一个季度，多名威瑞信内部人士大量抛售其股票。具体来说，这些内部人士在那段时间内抛售了价值47.6万美元的股票，而我们并没有记录任何购买。考虑到这一点，很难争辩说所有内部人士认为威瑞信的股票是一个好的购买机会。
Insider Ownership
内部人员持股情况
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. VeriSign insiders own 0.9% of the company, currently worth about US$149m 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.
对于普通股东来说，检查公司内部人员持有的股份数量是值得的。高内部人员持股往往会使公司的领导更加关注股东利益。威瑞信的内部人士持有公司的0.9%股份，根据最近的股票价格，这些股份目前价值约14900万美元。大多数股东都会乐见这种内部人员持股比例高，因为这表明管理层的激励与其他股东的利益是一致的。
What Might The Insider Transactions At VeriSign Tell Us?
威瑞信的内部交易可能会告诉我们什么？
Insiders sold VeriSign shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. On the plus side, VeriSign makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 2 warning signs for VeriSign (of which 1 is a bit concerning!) you should know about.
近期内部人士正在抛售威瑞信的股票，但他们没有进行任何购买。过去一年也没有任何购买能够让我们放心。好消息是，威瑞信仍在盈利并实现了收益增长。高内部人员持股是好事，但内部人士出售股票仍让我们感到谨慎。因此，这些内部交易可以帮助我们建立有关威瑞信股票的论点，但了解这家公司面临的风险也是值得的。每个公司都有风险，我们已经发现了2个威瑞信的警示标志（其中1个有点令人担忧！），您应该了解。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
如果你想查看其他公司——那些具有开多净资产收益率和低负债的有趣公司的免费清单——那么不要错过这个机会。
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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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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这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论，只使用公正的方法论，我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议，也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意，我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
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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