Insiders At Stock Yards Bancorp Sold US$1.1m In Stock, Alluding To Potential Weakness
Insiders At Stock Yards Bancorp Sold US$1.1m In Stock, Alluding To Potential Weakness
A number of Stock Yards Bancorp, Inc. (NASDAQ:SYBT) insiders sold their shares in the last year, which may have raised concerns among investors. 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, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
去年,許多Stock Yards Bancorp, Inc.(納斯達克股票代碼:SYBT)內部人士出售了股票,這可能引起了投資者的擔憂。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,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。
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
儘管我們認爲股東不應乾脆關注內幕交易,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 Stock Yards Bancorp
Stock Yards Bancorp 過去 12 個月的內幕交易
The CEO & Chairman of the Board, James Hillebrand, made the biggest insider sale in the last 12 months. That single transaction was for US$284k worth of shares at a price of US$51.14 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$44.44. So it may not shed much light on insider confidence at current levels.
首席執行官兼董事會主席詹姆斯·希勒布蘭德進行了過去12個月中最大規模的內幕出售。這筆單筆交易是價值28.4萬美元的股票,每股價格爲51.14美元。儘管內幕拋售是負面的,但對我們來說,如果以較低的價格出售股票,則負面影響更大。令人欣慰的是,此次出售的價格遠高於當前的股價,即44.44美元。因此,在當前水平上,這可能無法爲內部信心提供太多啓示。
Happily, we note that in the last year insiders paid US$137k for 2.76k shares. But insiders sold 23.35k shares worth US$1.1m. Over the last year we saw more insider selling of Stock Yards Bancorp shares, than buying. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
令人高興的是,我們注意到,去年內部人士支付了13.7萬美元購買了276萬股股票。但內部人士出售了價值110萬美元的23.35萬股股票。在過去的一年中,我們看到Stock Yards Bancorp股票的內幕拋售多於買入。下圖顯示了去年的內幕交易(公司和個人)。通過點擊下面的圖表,你可以看到每筆內幕交易的確切細節!
![insider-trading-volume](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240314/0-303cb6772f53fc8be4b5fcb2bcdd5fe8-0-3d9d0bb439065999daf21f2e2757a550.png/big)
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
如果你像我一樣,那麼你不會想錯過這份業內人士正在收購的成長型公司的免費名單。
Insiders At Stock Yards Bancorp Have Sold Stock Recently
Stock Yards Bancorp 的內部人士最近出售了股票
We've seen more insider selling than insider buying at Stock Yards Bancorp recently. We note insiders cashed in US$631k worth of shares. Meanwhile insider Allison Donovan bought US$7.6k worth. We don't view these transactions as a positive sign.
最近,我們在Stock Yards Bancorp看到的內幕賣出多於內幕買入。我們注意到內部人士兌現了價值63.1萬美元的股票。同時,內部人士艾莉森·多諾萬購買了價值7.6萬美元的股票。我們不認爲這些交易是積極的信號。
Does Stock Yards Bancorp Boast High Insider Ownership?
Stock Yards Bancorp 是否擁有很高的內部所有權?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Stock Yards Bancorp insiders own 8.2% of the company, worth about US$107m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
我喜歡看看內部人士在一家公司擁有多少股票,以幫助我了解他們與內部人士的看法。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Stock Yards Bancorp內部人士擁有該公司8.2%的股份,價值約1.07億美元。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 Stock Yards Bancorp Insiders?
那麼,這些數據對Stock Yards Bancorp內部人士有何啓示呢?
The insider sales have outweighed the insider buying, at Stock Yards Bancorp, in the last three months. Zooming out, the longer term picture doesn't give us much comfort. But it is good to see that Stock Yards Bancorp is growing earnings. 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. Our analysis shows 2 warning signs for Stock Yards Bancorp (1 is a bit concerning!) and we strongly recommend you look at these before investing.
在過去的三個月中,Stock Yards Bancorp的內幕銷售超過了內幕買入。放大一點,長遠的畫面並不能給我們帶來太大的安慰。但很高興看到Stock Yards Bancorp的收益正在增長。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。我們的分析顯示,Stock Yards Bancorp 有 2 個警告信號(1 個有點令人擔憂!)我們強烈建議您在投資之前先看看這些。
But note: Stock Yards Bancorp 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:Stock Yards Bancorp可能不是最值得購買的股票。因此,看看這份投資回報率高、債務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。