Insiders At Triumph Financial Sold US$11m In Stock, Alluding To Potential Weakness
Insiders At Triumph Financial Sold US$11m In Stock, Alluding To Potential Weakness
The fact that multiple Triumph Financial, Inc. (NASDAQ:TFIN) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. 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, if numerous insiders are selling, shareholders should investigate more.
在過去的一年中,多位凱旋金融公司(納斯達克股票代碼:TFIN)內部人士拋售了大量股票,這一事實可能會引起投資者的關注。在分析內幕交易時,了解內部人士是否在買入通常比知道他們是否在賣出更有價值,因爲後者發出的信息模棱兩可。但是,如果有許多內部人士出售,股東應該進行更多調查。
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
儘管我們絕不會建議投資者僅根據公司董事的所作所爲做出決定,但我們認爲完全忽視內幕交易是愚蠢的。
View our latest analysis for Triumph Financial
查看我們對 Triumph Financial 的最新分析
Triumph Financial Insider Transactions Over The Last Year
去年凱旋金融內幕交易
The Founder, Aaron Graft, made the biggest insider sale in the last 12 months. That single transaction was for US$3.3m worth of shares at a price of US$65.79 each. That means that even when the share price was below the current price of US$75.39, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 21% of Aaron Graft's holding.
創始人亞倫·格拉夫特進行了過去12個月中最大規模的內幕出售。這筆單筆交易以每股65.79美元的價格購買了價值330萬美元的股票。這意味着,即使股價低於當前的75.39美元,內部人士也想套現一些股票。通常,當內部人士以低於當前價格的價格出售時,我們認爲這令人沮喪,因爲這表明他們對較低的估值感到滿意。但是,儘管內幕銷售有時令人沮喪,但這只是一個微弱的信號。值得注意的是,此次出售僅佔亞倫·格拉夫特持股的21%。
Over the last year, we can see that insiders have bought 89.89k shares worth US$4.8m. But insiders sold 160.76k shares worth US$11m. Over the last year we saw more insider selling of Triumph Financial shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
在過去的一年中,我們可以看到內部人士購買了價值480萬美元的89.89萬股股票。但內部人士出售了價值1100萬美元的160.76萬股股票。在過去的一年中,我們看到凱旋金融股票的內幕拋售多於買入。你可以在下面看到過去 12 個月的內幕交易(公司和個人)的直觀描述。如果你點擊圖表,你可以看到所有的個人交易,包括股價、個人和日期!
![insider-trading-volume](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240105/0-d8e14568aff315b6e12e0822d722f573-0-1d5853039270b7a4c1ae87c514ad2384.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: insiders have been buying them).
如果你喜歡買入內部人士正在買入的股票,而不是賣出,那麼你可能會喜歡這份免費的公司名單。(提示:內部人士一直在購買它們)。
Triumph Financial Insiders Are Selling The Stock
凱旋金融內部人士正在出售該股
The last three months saw significant insider selling at Triumph Financial. In total, insiders dumped US$5.4m 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.
在過去的三個月中,凱旋金融出現了大量的內幕拋售。在此期間,內部人士總共拋售了價值540萬美元的股票,我們沒有記錄任何購買記錄。有鑑於此,很難說所有內部人士都認爲股票很划算。
Insider Ownership
內部所有權
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Triumph Financial insiders own 5.8% of the company, worth about US$101m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
測試公司領導者與其他股東之間一致性的另一種方法是查看他們擁有多少股份。較高的內部所有權通常會使公司領導層更加關注股東的利益。很高興看到凱旋金融內部人士擁有該公司5.8%的股份,價值約1.01億美元。內部人士的這種重要所有權通常會增加公司爲所有股東的利益而經營的機會。
So What Does This Data Suggest About Triumph Financial Insiders?
那麼這些數據對凱旋金融內部人士有什麼啓示呢?
Insiders haven't bought Triumph Financial stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 2 warning signs for Triumph Financial that deserve your attention before buying any shares.
內部人士在過去三個月中沒有購買過凱旋金融的股票,但出現了一些拋售。放大一點,長遠的畫面並不能給我們帶來太大的安慰。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。雖然我們喜歡了解內部人士的所有權和交易情況,但在做出任何投資決策之前,我們一定要考慮股票面臨的風險。在Simply Wall St,我們發現了凱旋金融的兩個警告信號,在購買任何股票之前,值得你注意。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
當然,通過尋找其他地方,你可能會找到一筆不錯的投資。因此,來看看這份有趣的公司的免費清單吧。
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,內部人士是那些向相關監管機構報告交易的個人。我們目前僅對公開市場交易和直接權益的私人處置進行覈算,但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提供基於歷史數據和分析師預測的評論,我們的文章並非旨在提供財務建議。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,我們的分析可能不會考慮最新的價格敏感型公司公告或定性材料。華爾街只是沒有持有上述任何股票的頭寸。