Avery Dennison Insiders Sold US$5.1m Of Shares Suggesting Hesitancy
Avery Dennison Insiders Sold US$5.1m Of Shares Suggesting Hesitancy
Over the past year, many Avery Dennison Corporation (NYSE:AVY) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, if numerous insiders are selling, shareholders should investigate more.
在過去的一年中,許多艾利丹尼森公司(紐約證券交易所代碼:AVY)內部人士出售了該公司的大量股份,這可能激起了投資者的興趣。在評估內幕交易時,了解內部人士是買入還是賣出通常更有利,因爲後者可能有多種解釋。但是,如果有許多內部人士出售,股東應該進行更多調查。
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
儘管在長期投資中,內幕交易並不是最重要的事情,但我們認爲完全忽視內幕交易是愚蠢的。
The Last 12 Months Of Insider Transactions At Avery Dennison
艾利丹尼森過去 12 個月的內幕交易
Over the last year, we can see that the biggest insider sale was by the Independent Director, Julia Stewart, for US$1.1m worth of shares, at about US$203 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$216. 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. 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. This single sale was just 33% of Julia Stewart's stake.
在過去的一年中,我們可以看到,最大的內幕出售是獨立董事朱莉婭·斯圖爾特,以每股約203美元的價格出售了價值110萬美元的股票。因此,很明顯,一位內部人士想從桌上提取一些現金,甚至低於目前的216美元價格。當內部人士以低於當前價格的價格出售時,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。儘管內幕拋售不是一個積極的信號,但我們無法確定這是否意味着內部人士認爲股票已完全估值,因此這只是一個弱勢信號。此次出售僅佔朱莉婭·斯圖爾特股份的33%。
In the last year Avery Dennison insiders didn't buy any company stock. 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!
去年,艾利丹尼森內部人士沒有購買任何公司股票。您可以看到下圖所示的去年的內幕交易(公司和個人)。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/7781/20240306/0-8ff5a26eb76da85d4f110ec36e1d026a-0-afcf866c2ca3f4473220410f75404d5e.png/big)
I will like Avery Dennison better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
如果我看到一些重大的內幕收購,我會更喜歡艾利丹尼森。在我們等待的同時,請查看這份免費清單,列出了最近有大量內幕收購的成長型公司。
Insiders At Avery Dennison Have Sold Stock Recently
艾利丹尼森的內部人士最近出售了股票
The last quarter saw substantial insider selling of Avery Dennison shares. In total, insiders sold US$3.1m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
上個季度,艾利丹尼森的股票出現了大量內幕拋售。在此期間,內部人士總共出售了價值310萬美元的股票,我們沒有記錄任何購買記錄。總的來說,這使我們有點謹慎,但這並不是萬能的。
Does Avery Dennison Boast High Insider Ownership?
艾利丹尼森是否擁有較高的內部所有權?
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. Avery Dennison insiders own 0.8% of the company, currently worth about US$131m 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.
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。艾利丹尼森內部人士擁有該公司0.8%的股份,根據最近的股價,目前價值約1.31億美元。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。
What Might The Insider Transactions At Avery Dennison Tell Us?
艾利丹尼森的內幕交易能告訴我們什麼?
Insiders haven't bought Avery Dennison stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Avery Dennison.
內部人士在過去三個月中沒有買入艾利丹尼森的股票,但出現了一些拋售。展望過去的十二個月,我們的數據並未顯示任何內幕買盤。看到較高的內部所有權是件好事,但內幕拋售使我們持謹慎態度。因此,這些內幕交易可以幫助我們建立有關股票的論點,但也值得了解該公司面臨的風險。爲了幫助解決這個問題,我們發現了 2 個警告信號,爲了更好地了解艾利丹尼森,你應該仔細看看。
But note: Avery Dennison 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.
但請注意:艾利丹尼森可能不是最值得購買的股票。因此,來看看這份投資回報率高、負債率低的有趣公司的免費清單。
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。
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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。