Skechers U.S.A Insiders Sold US$44m Of Shares Suggesting Hesitancy
Skechers U.S.A Insiders Sold US$44m Of Shares Suggesting Hesitancy
The fact that multiple Skechers U.S.A., Inc. (NYSE:SKX) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
去年多名Skechers U.S.A., Inc. (纽交所:SKX)内部关键人员出售了相当数量的股份，这可能会引起投资者的关注。通常在评估公司内部交易时，了解内部人员的买入情况比了解其卖出情况更有利，因为卖出情况会有很多解释。然而，如果数名内部人员在特定时间内出售股票，股东应该深入了解。
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
虽然我们认为股东不应仅仅跟随内部人士的交易，但逻辑告诉我们，应该注意内部人士是购买还是出售股票。
Skechers U.S.A Insider Transactions Over The Last Year
Skechers U.S.A内部交易过去一年表现
Over the last year, we can see that the biggest insider sale was by the Co-Founder, Michael Greenberg, for US$11m worth of shares, at about US$61.08 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$66.72. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 45% of Michael Greenberg's holding.
去年，我们可以看到共同创始人Michael Greenberg卖出价值1,100万美元的股票，每股约61.08美元。所以很明显，一名内部人员想要从中获利，甚至低于目前的66.72美元/股的价格。一般而言，如果内部人员以低于当前价格的价格出售股票，我们认为这是令人失望的，因为这表明他们对更低的估值感到满意。然而，尽管内部人员的出售有时会让人失望，但只是一种薄弱的信号。值得注意的是，这次交易仅占Michael Greenberg持股的45%。
Over the last year we saw more insider selling of Skechers U.S.A shares, than buying. 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!
过去一年，Skechers U.S.A看到更多内部人员出售股票而不是买入。下图显示了过去一年公司和个人的内部交易。单击下面的图表，您可以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 Skechers U.S.A Have Sold Stock Recently
Skechers U.S.A内部人员最近抛售了股票
The last quarter saw substantial insider selling of Skechers U.S.A shares. Specifically, insiders ditched US$350k 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，共有内部人员抛售了Skechers U.S.A价值350,000美元的股票，而我们并未记录到任何购买。由于这种情况很难争辩所有内部人员都认为股票是便宜的。
Does Skechers U.S.A Boast High Insider Ownership?
Skechers U.S.A内部人员拥有高股权吗？
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Skechers U.S.A insiders own about US$416m worth of shares (which is 4.1% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
我喜欢查看内部人员在公司中拥有多少股份，以帮助我了解他们与内部人员的利益是否一致。高股权往往使公司领导更加关注股东利益。Skechers U.S.A内部人员拥有约4,1600万美元的股份，相当于该公司的4.1%。这种内部人员的股权占比通常会增加该公司以所有股东的利益运行的机会。
So What Does This Data Suggest About Skechers U.S.A Insiders?
那这些数据对Skechers U.S.A内部人员意味着什么？
Insiders sold Skechers U.S.A shares recently, but they didn't buy any. And our longer term analysis of insider transactions didn't bring confidence, either. But it is good to see that Skechers U.S.A is growing earnings. It is good to see high insider ownership, but the insider selling leaves us cautious. Of course, the future is what matters most. So if you are interested in Skechers U.S.A, you should check out this free report on analyst forecasts for the company.
内部人员最近抛售了Skechers U.S.A股票，但他们没有买入任何股票。而我们对内部交易的长期分析也没有带来信心。但是，看到Skechers U.S.A盈利增长是好的。看到内部人员拥有高股权是好的，但内部人员的出售让我们感到谨慎。当然，未来才是最重要的。所以，如果您对Skechers U.S.A感兴趣，您应该查看有关该公司的分析师预测的免费报告！
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。
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.
对本文有反馈？关注内容？请直接与我们联系。或者，发送电子邮件至editorial-team@simplywallst.com。
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
对本文有反馈？ 对内容感到担忧？ 请直接与我们联系。 或者，发送电子邮件至editorial-team@simplywallst.com。