Signet Jewelers Insiders Sell US$5.2m Of Stock, Possibly Signalling Caution
Signet Jewelers Insiders Sell US$5.2m Of Stock, Possibly Signalling Caution
The fact that multiple Signet Jewelers Limited (NYSE:SIG) 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.
多个西格内特珠宝有限公司（纽交所:SIG）内部人士在过去一年里抛售了大量股份，可能引起了投资者们的关注。在评估内部交易时，了解内部人员是否购买股份通常比了解他们是否出售更有益，因为后者可能存在很多财报解读。然而，如果有几位内部人员在特定时间段内抛售了股票，股东们应该更深入地了解情况。
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
虽然在长期投资中，内部交易并不是最重要的事情，但我们认为关注内部人士的行动是非常合理的。
The Last 12 Months Of Insider Transactions At Signet Jewelers
西格内特珠宝近12个月的内部交易
The insider, Howard Stitzer, made the biggest insider sale in the last 12 months. That single transaction was for US$1.0m worth of shares at a price of US$102 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$84.29. So it may not shed much light on insider confidence at current levels.
内部人员霍华德·斯蒂策尔（Howard Stitzer）在过去12个月里进行了最大规模的内部交易。那笔交易为100万美元的股票，每股售价102美元。虽然内部出售是一个负面因素，但对我们来说，如果股票以较低的价格出售，则更为负面。好消息是，这次大规模的出售价格高于当前股价84.29美元。因此，这可能对目前的内部信心没有多大帮助。
Signet Jewelers 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. By clicking on the graph below, you can see the precise details of each insider transaction!
西格内特珠宝内部人员在过去一年里没有买入任何股票。您可以在以下看到过去12个月公司和个人的内部交易的视觉描述。通过点击下面的图表，您可以看到每笔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 Signet Jewelers Have Sold Stock Recently
西格内特珠宝内部人员最近卖出了股票
The last three months saw significant insider selling at Signet Jewelers. Specifically, insiders ditched US$1.4m 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.
过去三个月内，西格内特珠宝发生了大量内部人员卖出股票。具体而言，内部人员在此期间抛售了价值140万美元的股票，而我们没有记录任何购买。鉴于这一点，很难说所有内部人员都认为股票是一笔良好的买卖。
Insider Ownership Of Signet Jewelers
西格内特珠宝内部人员持股
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Signet Jewelers insiders own 3.7% of the company, currently worth about US$138m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
查看公司内部人员持股数量可以帮助您判断他们是否与普通股东的利益相一致。一般情况下，内部人员持股越高，他们建立公司的长期激励就越大。目前，西格内特珠宝内部人员持有公司的3.7％的股份，价值约为13800万美元，基于最近的股票价格。我很高兴看到这种内部持股水平，因为这增加了管理层考虑股东最佳利益的机会。
So What Does This Data Suggest About Signet Jewelers Insiders?
那么这些数据对西格内特珠宝内部员工有什么暗示呢？
Insiders haven't bought Signet Jewelers 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. On the plus side, Signet Jewelers makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Signet Jewelers. Case in point: We've spotted 2 warning signs for Signet Jewelers you should be aware of, and 1 of these doesn't sit too well with us.
西格内特珠宝内部人员最近三个月没有购买西格内特珠宝股票，但有一些出售。即使我们看过去一年的情况，我们也没有看到任何购买。好消息是，西格内特珠宝赚钱，并在增加利润。很高兴看到高持股比例，但内部卖出使我们持谨慎态度。除了了解内部交易外，还有助于确定西格内特珠宝面临的风险。实例证明：我们已经发现了2个有关西格内特珠宝的警告信号，您应该了解其中1个可能会造成不良影响。
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？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
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。