Possible Bearish Signals With H&R Block Insiders Disposing Stock
Possible Bearish Signals With H&R Block Insiders Disposing Stock
In the last year, many H&R Block, Inc. (NYSE:HRB) insiders sold a substantial stake in the company which may have sparked shareholders' attention. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
在过去的一年里，许多H&R Block公司（纽交所：HRB）的内部人士大量出售了公司的股份，这可能引起了股东们的注意。分析内部人士的交易时，通常更有价值的是知道内部人士是否在买入股票，而不是他们在卖出股票，因为后者发出了模糊的信息。然而，如果有几位内部人士在特定时间段内出售了股票，股东们应该深入了解。
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
尽管在长期投资中内部交易并不是最重要的事情，但从逻辑上讲，您应该关注内部人员是否买入或出售股票。
H&R Block Insider Transactions Over The Last Year
H&R Block过去一年的内部交易
In the last twelve months, the biggest single sale by an insider was when the Executive Officer, Tony Bowen, sold US$2.2m worth of shares at a price of US$47.10 per share. That means that even when the share price was below the current price of US$55.75, an insider wanted to cash in some shares. 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. We note that the biggest single sale was only 34% of Tony Bowen's holding.
在过去的12个月中，一位高管Tony Bowen以每股47.10美元的价格出售了220万美元的股票，这是内部人士的最大单笔交易。这意味着即使股价低于目前的55.75美元，内部人士也想要卖掉一些股票。一般来说，当内部人士以低于目前股价的价格出售股票时，我们认为这是令人沮丧的，因为这意味着他们对更低的估值感到满意。然而，虽然内部人员的卖出有时会让人失望，但这只是一个弱信号。我们注意到，最大的单笔出售仅占Tony Bowen持股的34%。
H&R Block 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!
H&R Block的内部人士在过去一年未购买任何股票。您可以在下面的图表中查看过去一年的内部交易（由公司和个人）。如果您想知道谁卖了多少股票，以及何时卖出，请单击下面的图表！
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。）
Insider Ownership Of H&R Block
H&R Block的内部持股情况
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 0.7% of H&R Block shares, worth about US$53m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
查看公司内部人员持股总额可以帮助你了解他们是否与普通股东保持良好的一致性。通常情况下，我们喜欢看到相对较高水平的内部持股。内部人士拥有H&R Block股份的0.7%，价值约为5300万美元。虽然这是一个强而不是出色的高水平内部持股水平，但已足以表明管理层和小股东之间有一些一致性。
So What Does This Data Suggest About H&R Block Insiders?
这些数据对H&R Block的内部人士有什么建议性意见？
The fact that there have been no H&R Block insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by H&R Block insiders. But we do like the fact that insiders own a fair chunk of the company. While it's good to be aware of 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 3 warning signs for H&R Block you should be aware of, and 1 of these doesn't sit too well with us.
事实上，最近没有H&R Block公司的内部人员交易并不会让我们感到担忧。H&R Block内部人员的交易没有给我们带来太多的鼓舞。但是，我们确实喜欢内部人员拥有公司相当大的股份。虽然了解内部人员的持股和交易情况很重要，但在做出任何投资决策之前，我们确保考虑到股票面临的风险。例如：我们已经发现H&R Block存在三个警告信号，您应该加以注意，其中一个信号让我们感到不太舒服。
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.
如果您想查看另一家公司的信息-一家潜在具有优秀财务状况的公司-请不要错过这个带有高股权回报率和低债务的有趣公司免费列表。
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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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？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 (at) 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
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