Garmin Insiders Sell US$3.8m Of Stock, Possibly Signalling Caution
Garmin Insiders Sell US$3.8m Of Stock, Possibly Signalling Caution
The fact that multiple Garmin Ltd. (NYSE:GRMN) 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, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
过去一年中,Garmin Ltd. (纽交所:GRMN)的多名内部人士抛售了大量股票,这可能引起了投资者的警觉。当评估内部交易时,了解内部人员是否在买入通常更有帮助,因为内部人士卖出股票可能有各种解释。然而,如果有几个内部人士在特定时间段内抛售股票,股东应该更加深入地了解情况。
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
虽然我们不认为股东应该简单地跟随内部交易,但完全忽略内部交易将是愚蠢的。
Garmin Insider Transactions Over The Last Year
根据我们的记录,事实上,程伟王最近的股票抛售是过去十二个月内由内部个人进行的最大抛售。这意味着一位内部人士在低于当前价格(180美元)的价位上抛售股票。如果内部人士一直在抛售股票,特别是在低于当前价格的情况下,我们通常认为这是一个负面信号,因为这意味着他们认为更低的价格是合理的。虽然内部人士的抛售不是一个积极的迹象,但我们不确定它是否意味着内部人士认为股票已经完全估值,所以这只是一个弱迹象。值得注意的是,这次抛售只占程伟王持股的23%。
In fact, the recent sale by Cheng Wei Wang was the biggest sale of Garmin shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at below the current price (US$180). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. It is worth noting that this sale was only 23% of Cheng Wei Wang's holding.
Garmin内部人士在过去一年里没有买入任何股票。您可以在下图中看到过去一年内(由公司和个人)的内部交易情况。如果您点击图表,您可以看到所有的个人交易,包括股价、个人和日期!
Insiders in Garmin didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
![1724945068945](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240829/43076945-0-d5ba164018ed1ae825e2192388f64d1e.webp/bigjpg)
I will like Garmin better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.
如果我看到一些大规模内幕买入,我会更喜欢佳明。在等待时,请查看这份免费的小盘股票清单,其中包括具有相当的内幕买入的被低估和小盘股票。
Insiders At Garmin Have Sold Stock Recently
佳明内部人士最近出售股票
The last quarter saw substantial insider selling of Garmin shares. In total, insider Cheng Wei Wang dumped US$1.8m 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.
上个季度看到了大量内部人士抛售佳明股票。总共,内部人士王澄伟 在那段时间内抛售了价值180万美元的股票,我们并没有记录到任何购买。鉴于此,很难争辩说所有内部人士认为这些股票是便宜的。
Insider Ownership Of Garmin
佳明内部所有权
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Garmin insiders own 19% of the company, worth about US$6.6b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
对于一般的股东来说,值得检查公司内部持有的股份数量。如果内部人员拥有公司的相当数量股份,那么这是一个好兆头。很高兴看到佳明的内部人员拥有公司的19%股份,价值约为66亿美元。内部人员持有这么多股份通常会增加公司以所有股东的利益来运营的机会。
So What Do The Garmin Insider Transactions Indicate?
那么佳明内部交易有什么意义?
An insider sold Garmin shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But since Garmin is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. While conducting our analysis, we found that Garmin has 1 warning sign and it would be unwise to ignore this.
最近有内部人员卖出了佳明的股票,但他们并未进行购买。即使我们看过去的一年,也没有看到任何的购买行为。但是由于佳明是盈利且成长的,我们对此并不担心。看到内部人员持有股份较多是好的,但内部人员的卖出使我们感到谨慎。因此,了解内部人员在购买或者卖出方面的行为是有帮助的,同时也了解到一家特定公司面临的风险也是有帮助的。在我们进行分析的过程中,我们发现佳明有1个警示信号,忽视这一点将是不明智的。
Of course Garmin may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
当然,佳明可能不是最好的股票购买选择。因此,您可能希望查看这些高质量企业的免费收藏。
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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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。