Several BJ's Restaurants Insiders Sell Shares Sending Potential Negative Signal
Several BJ's Restaurants Insiders Sell Shares Sending Potential Negative Signal
BJ's Restaurants, Inc. (NASDAQ:BJRI) shareholders may have reason to be concerned, as several insiders sold their shares over the past year. 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.
BJ's餐饮公司(纳斯达克股票代码:BJRI)的股东们可能有理由感到担忧,因为过去一年里有几位内部人士卖出了他们的股份。当我们分析内部交易时,了解内部人员是否在买入股票比卖出更有价值,因为后者传递的信息较为模棱两可。然而,如果有几位内部人士在特定时间段内出售了股票,股东们应该更深入地了解情况。
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 BJ's Restaurants
BJ's餐饮公司过去12个月内的内部交易情况
In the last twelve months, the biggest single sale by an insider was when the Senior Vice President of Brewing Operations, Alexander Puchner, sold US$262k worth of shares at a price of US$38.27 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$29.82). So it may not shed much light on insider confidence at current levels.
过去十二个月中,餐饮业务高级副总裁亚历山大·普赫纳(Alexander Puchner)以每股38.27美元的价格卖出了总值26.2万美元的股票。虽然内部人员的卖出是个负面信号,但对我们而言,如果股票以较低价格出售则更为负面。其中的一点好处是,这次抛售是在最新股价(29.82美元)之上进行的,因此对当前水平的内部人员信心可能不会提供太多启示。
All up, insiders sold more shares in BJ's Restaurants than they bought, over the last year. The average sell price was around US$37.75. We are not joyful about insider selling. But we note that the selling, on average, was at well above the recently traded price of US$29.82. 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!
总的来说,在过去的一年里,BJ's餐饮公司的内部人员卖出的股份比买入的要多。平均卖出价格约为37.75美元。我们对内部卖出并不感到欣喜。但需要注意的是,平均而言,这些卖出交易的价格远高于近期交易价格(29.82美元)。下图显示了过去一年内的内部交易情况(包括公司和个人)。点击下图,您可以查看每笔内部交易的详细信息!
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240905/0-bf5a2314ec03b09a37116f845894c33e-0-b2d2c61a6aaca9af4a93d31de6d8ab00.png/big)
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。)
Does BJ's Restaurants Boast High Insider Ownership?
bj's餐饮自有高内部持股吗?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that BJ's Restaurants insiders own 3.4% of the company, worth about US$24m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
测试一家公司领导者与其他股东之间的一致性的另一种方法是查看他们拥有多少股份。如果内部人士在公司拥有相当数量的股份,这是一个好迹象。看起来bj's餐饮内部人士拥有公司的3.4%股份,价值约2400万美元。这种程度的内部持股是很好的,但并不特别突出。它确实表明了相当程度的一致性。
So What Do The BJ's Restaurants Insider Transactions Indicate?
那么,bj's餐饮内部交易有何指示?
The fact that there have been no BJ's Restaurants insider transactions recently certainly doesn't bother us. Still, the insider transactions at BJ's Restaurants in the last 12 months are not very heartening. But we do like the fact that insiders own a fair chunk of the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 1 warning sign for BJ's Restaurants and we suggest you have a look.
最近bj's餐饮没有内部交易的事实并没有让我们困扰。不过,过去12个月内bj's餐饮的内部交易并不令人鼓舞。但我们确实喜欢内部人士拥有相当大部分公司股份的事实。因此,这些内部交易可以帮助我们建立股票的论点,但了解该公司面临的风险也是值得的。您会对此感兴趣,我们发现了1个关于bj's餐饮的警告信号,我们建议您了解一下。
But note: BJ's Restaurants may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
但是请注意:bj's餐饮可能不是最好的股票买入选择。因此,请查看这份免费的有着高roe和低债务的有趣公司清单。
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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