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Don't Ignore The Insider Selling In CME Group

Don't Ignore The Insider Selling In CME Group

不要忽視芝加哥商品交易所集團的內幕拋售
Simply Wall St ·  2023/12/06 07:50

Some CME Group Inc. (NASDAQ:CME) shareholders may be a little concerned to see that insider Derek Sammann recently sold a substantial US$2.8m worth of stock at a price of US$221 per share. That's a big disposal, and it decreased their holding size by 30%, which is notable but not too bad.

一些芝加哥商品交易所集團公司(納斯達克股票代碼:CME)股東可能會有點擔心,內部人士德里克·薩姆曼最近以每股221美元的價格出售了價值280萬美元的巨額股票。這是一個很大的處置,它使他們的持股規模減少了30%,這值得注意但還不算太糟糕。

Check out our latest analysis for CME Group

查看我們對芝加哥商品交易所集團的最新分析

CME Group Insider Transactions Over The Last Year

芝加哥商品交易所集團去年的內幕交易

In the last twelve months, the biggest single sale by an insider was when the Chairman & CEO, Terrence Duffy, sold US$6.1m worth of shares at a price of US$204 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$218. 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. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. It is worth noting that this sale was only 31% of Terrence Duffy's holding.

在過去的十二個月中,內部人士最大的一次出售是董事長兼首席執行官特倫斯·達菲以每股204美元的價格出售了價值610萬美元的股票。因此,很明顯,一位內部人士想從牌桌上提取一些現金,甚至低於目前的218美元價格。當內部人士的賣出價格低於當前價格時,這表明他們認爲較低的價格是公平的。這讓我們想知道他們如何看待最近(更高的)估值。但是,請注意,賣家可能有各種各樣的賣出理由,因此我們不確定他們對股價的看法。值得注意的是,此次出售僅佔泰倫斯·達菲持股的31%。

In total, CME Group insiders sold more 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. By clicking on the graph below, you can see the precise details of each insider transaction!

總體而言,芝加哥商品交易所集團內部人士的銷售量超過了去年的買入量。您可以在下表中看到過去一年的內幕交易(由公司和個人進行的)。點擊下圖,你可以看到每筆內幕交易的確切細節!

insider-trading-volume
NasdaqGS:CME Insider Trading Volume December 6th 2023
納斯達克:芝加哥商品交易所內幕交易量 2023 年 12 月 6 日

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

如果你喜歡買內部人士買入而不是賣出的股票,那麼你可能會喜歡這份免費的公司名單。(提示:業內人士一直在購買它們)。

Does CME Group Boast High Insider Ownership?

芝加哥商品交易所集團是否擁有很高的內幕所有權?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. CME Group insiders own 0.3% of the company, currently worth about US$275m 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.

許多投資者喜歡檢查公司有多少股份由內部人士擁有。我認爲,如果內部人士擁有該公司的大量股份,那將是一個好兆頭。芝加哥商品交易所集團內部人士擁有該公司0.3%的股份,按最近的股價計算,目前價值約2.75億美元。我喜歡看到這種程度的內部所有權,因爲它增加了管理層考慮股東最大利益的機會。

So What Does This Data Suggest About CME Group Insiders?

那麼,這些數據對芝加哥商品交易所集團內部人士有什麼啓示呢?

The stark truth for CME Group is that there has been more insider selling than insider buying in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. But since CME Group is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 2 warning signs for CME Group you should know about.

對於芝加哥商品交易所集團來說,嚴峻的事實是,在過去的三個月中,內幕賣出的次數超過了內幕買入的次數。而且,我們對內幕交易的長期分析也沒有帶來信心。但是,由於芝加哥商品交易所集團盈利且不斷增長,我們對此並不太擔心。該公司擁有很高的內部所有權,但考慮到股票銷售的歷史,我們有點猶豫。因此,這些內幕交易可以幫助我們建立有關該股的論點,但了解該公司面臨的風險也值得一試。每家公司都有風險,我們發現了芝加哥商品交易所集團的兩個警告信號,你應該知道。

Of course CME Group may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

當然,芝加哥商品交易所集團可能不是最值得買入的股票。因此,您可能希望看到這些免費的高質量公司集。

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.

就本文而言,內部人士是指向相關監管機構報告其交易的個人。我們目前只考慮公開市場交易和私下處置的直接利益,不包括衍生品交易或間接權益。

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.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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