Assured Guaranty Insiders Sell US$8.1m Of Stock, Possibly Signalling Caution
Assured Guaranty Insiders Sell US$8.1m Of Stock, Possibly Signalling Caution
In the last year, many Assured Guaranty Ltd. (NYSE:AGO) insiders sold a substantial stake in the company which may have sparked shareholders' attention. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
去年,許多Assured Guaranty Ltd.(紐約證券交易所代碼:AGO)內部人士出售了該公司的大量股份,這可能引起了股東的關注。在評估內幕交易時,了解內部人士是否在買入通常更有幫助,因爲內幕賣出可以有多種解釋。但是,股東應更深入地研究是否有幾位內部人士在特定時間段內出售股票。
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。
The Last 12 Months Of Insider Transactions At Assured Guaranty
有保障擔保的最近 12 個月的內幕交易
The Deputy Chairman, Dominic Frederico, made the biggest insider sale in the last 12 months. That single transaction was for US$3.1m worth of shares at a price of US$61.35 each. That means that even when the share price was below the current price of US$89.49, 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. 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 3.2% of Dominic Frederico's stake.
副董事長多米尼克·弗雷德里科進行了過去12個月中最大規模的內幕出售。這筆單筆交易是價值310萬美元的股票,每股價格爲61.35美元。這意味着,即使股價低於當前的89.49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。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。此次出售僅佔多米尼克·弗雷德里科股份的3.2%。
Assured Guaranty insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
保證,Guaranty內部人士去年沒有購買任何股票。下圖顯示了去年的內幕交易(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/7781/20240312/0-adb98d12b386de08b4d8e817c29810ae-0-002708226c1c9e8bf586f9ba7c46ff2e.png/big)
I will like Assured Guaranty 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Assured Guaranty。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 Assured Guaranty Have Sold Stock Recently
Assured Guaranty的內部人士最近出售了股票
Over the last three months, we've seen significant insider selling at Assured Guaranty. In total, Independent Director George Buhl sold US$178k 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.
在過去的三個月中,我們看到了Assured Guaranty的大量內幕拋售。獨立董事喬治·布爾當時總共出售了價值17.8萬美元的股票,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 Assured Guaranty Boast High Insider Ownership?
有保障的擔保是否擁有較高的內部所有權?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Assured Guaranty insiders own 5.6% of the company, currently worth about US$279m 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.
查看公司的內部持股總量可以幫助你了解他們是否與普通股股東保持一致。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。Assured Guaranty內部人士擁有該公司5.6%的股份,根據最近的股價,目前價值約2.79億美元。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 Assured Guaranty Tell Us?
Assured Guaranty 的內幕交易能告訴我們什麼?
An insider sold Assured Guaranty shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. But since Assured Guaranty is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about 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. At Simply Wall St, we've found that Assured Guaranty has 2 warning signs (1 is concerning!) that deserve your attention before going any further with your analysis.
一位內部人士最近出售了Assured Guaranty的股票,但他們沒有購買任何股票。在過去的一年裏,沒有任何能讓我們感到安慰的購買。但是,由於Assured Guaranty盈利且不斷增長,我們對此並不太擔心。儘管內部人士確實擁有該公司的大量股份(這很好),但我們對他們交易的分析並不能使我們對公司充滿信心。因此,這些內幕交易可以幫助我們建立有關股票的論點,但也值得了解這家公司面臨的風險。在 Simply Wall St,我們發現 Assured Guaranty 有 2 個警告信號(1 個令人擔憂!)在進行進一步分析之前,這值得你注意。
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.
如果你想看看另一家公司——一家財務狀況可能優越的公司——那麼千萬不要錯過這份免費的股本回報率高、債務低的有趣公司的名單。
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。
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。