Don't Ignore The Insider Selling In CBRE Group
Don't Ignore The Insider Selling In CBRE Group
We wouldn't blame CBRE Group, Inc. (NYSE:CBRE) shareholders if they were a little worried about the fact that Christopher Jenny, the Independent Director recently netted about US$1.1m selling shares at an average price of US$136. That sale reduced their total holding by 17% which is hardly insignificant, but far from the worst we've seen.
我们不会责怪世邦魏理仕(纽交所:CBRE)的股东,如果他们对于独立董事克里斯托弗·杰尼最近以每股136美元的平均价格出售股票净赚约110万美元的事实感到担忧。此次出售使他们的总持股减少了17%,这并不算微不足道,但也远非我们见过的最糟糕的情况。
The Last 12 Months Of Insider Transactions At CBRE Group
世邦魏理仕过去12个月的内部交易
In the last twelve months, the biggest single sale by an insider was when the insider, John Durburg, sold US$2.3m worth of shares at a price of US$93.40 per share. That means that even when the share price was below the current price of US$130, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 9.7% of John Durburg's holding.
在过去的12个月中,内部人士最大的单笔出售是当内部人士约翰·杜尔堡以每股93.40美元的价格出售了价值230万美元的股票。这意味着即使在股票价格低于当前的130美元时,仍有内部人士希望兑现一些股票。当内部人士在当前价格以下出售时,这表明他们认为该较低价格是公平的。这让我们想知道他们对最近的(较高)估值有什么看法。然而,尽管内部出售有时令人沮丧,但这只是一种微弱的信号。值得注意的是,这次出售仅占约翰·杜尔堡持股的9.7%。
All up, insiders sold more shares in CBRE Group than they bought, 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 click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
总体来看,在过去一年中,内部人士在世邦魏理仕出售的股票比买入的多。您可以在下面的图表中看到过去一年内部交易(由公司和个人)情况。如果您点击图表,您可以查看所有个人交易,包括股票价格、个人和日期!
If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.
如果您和我一样,您就不会错过这个免费的小盘股票列表,这些股票不仅被内部人士购买,而且估值也很有吸引力。
Insider Ownership
内部人员持股情况
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It's great to see that CBRE Group insiders own 0.7% of the company, worth about US$282m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
对于普通股东来说,查看公司内部人士持有多少股票是值得的。我们通常希望看到内部持股比例相对较高。很高兴看到世邦魏理仕内部人士拥有0.7%的公司股份,价值大约为28200万美元。这种内部人士显著的持股比例通常会增加公司以所有股东的利益为导向的机会。
So What Does This Data Suggest About CBRE Group Insiders?
那么,这些数据对于世邦魏理仕内部人士有什么启示呢?
The insider sales have outweighed the insider buying, at CBRE Group, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But since CBRE Group 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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing CBRE Group. You'd be interested to know, that we found 2 warning signs for CBRE Group and we suggest you have a look.
在过去三个月中,世邦魏理仕的内部销售超过了内部购买。尽管有一些内部购买,但长期的情况并没有让我们感到更加乐观。然而,由于世邦魏理仕是盈利且在增长,我们对此并不太担忧。看到高比例的内部持股是好事,但内部出售让我们保持谨慎。除了了解内部交易之外,确定世邦魏理仕面临的风险也是很有益的。你可能会感兴趣,我们发现了世邦魏理仕的2个警告信号,并建议你查看一下。
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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