Possible Bearish Signals With Madison Square Garden Entertainment Insiders Disposing Stock
Possible Bearish Signals With Madison Square Garden Entertainment Insiders Disposing Stock
Over the past year, many Madison Square Garden Entertainment Corp. (NYSE:MSGE) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, 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.
在過去的一年中，許多Madison Square Garden Entertainment Corp.（紐交所: MSGE）內部人士出售了該公司的大部分股份，這可能引起了投資者的興趣。在評估內部交易時，了解內部人員是否購買股票通常比了解他們是否出售更有益，因爲後者會有許多不同的業績解讀。但是，如果幾位內部人員在特定時間段內出售股票，則股東應該深入了解。
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
儘管在長期投資中內部交易並不是最重要的事情，但從邏輯上講，您應該關注內部人員是否買入或出售股票。
The Last 12 Months Of Insider Transactions At Madison Square Garden Entertainment
Madison Square Garden Entertainment近12個月的內部交易記錄
The Executive Chairman & CEO, James Dolan, made the biggest insider sale in the last 12 months. That single transaction was for US$3.8m worth of shares at a price of US$38.20 each. So what is clear is that an insider saw fit to sell at around the current price of US$36.57. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
執行主席兼CEO James Dolan在過去12個月中進行了最大規模的內部交易。那筆交易的交易額爲380萬美元，每股價格爲38.20美元。因此，顯然有一位內部人士認爲股價在36.57美元左右出售。雖然我們通常不喜歡看到內部人員賣出股票，但如果銷售價格低於當前價格，情況更爲棘手。我們注意到此次交易價格與當前價格相當，因此這並不是一個主要問題，但它絕非一個好跡象。
Insiders in Madison Square Garden Entertainment didn't buy any shares in the last year. 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!
在過去一年中，Madison Square Garden Entertainment的內部人士沒有購買任何股份。下圖顯示了過去一年中公司和個人的內部交易記錄。通過單擊下面的圖表，您可以查看每筆內部交易的詳細信息！
If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.
如果您和我一樣，您就不會錯過這個免費的小盤股票列表，這些股票不僅被內部人士購買，而且估值也很有吸引力。
Insider Ownership
內部人員持股情況
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Madison Square Garden Entertainment insiders own about US$37m worth of shares. That equates to 2.2% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
對於普通股東而言，值得注意的是公司內部人員持有多少股份。通常情況下，內部人員持股越高，就越有可能激勵他們長期建設公司。Madison Square Garden Entertainment的內部人員擁有約3700萬美元的股份，相當於公司的2.2％。這種程度的內部股權佔比是很好的，但它僅僅短少於引人注目。它肯定表明了一定的利益一致性。
What Might The Insider Transactions At Madison Square Garden Entertainment Tell Us?
Madison Square Garden Entertainment內部交易可能傳遞的信息是什麼？
It doesn't really mean much that no insider has traded Madison Square Garden Entertainment shares in the last quarter. Our analysis of Madison Square Garden Entertainment insider transactions leaves us cautious. But we do like the fact that insiders own a fair chunk of the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Madison Square Garden Entertainment that deserve your attention before buying any shares.
在過去的一個季度中沒有內部人員交易Madison Square Garden Entertainment的股票並沒有太大的意義。我們對Madison Square Garden Entertainment內部交易的分析使我們持謹慎態度。但我們確實喜歡內部人員擁有公司的一部分股份的事實。因此，儘管了解內部人員在購買或出售方面的情況很有幫助，但了解特定公司面臨的風險也很有幫助。在Simply Wall St，我們發現Madison Square Garden Entertainment有1個值得您注意的警告。
But note: Madison Square Garden Entertainment 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：Madison Square Garden Entertainment可能不是最好的股票選擇。因此，請查看此免費列表，其中包含高roe和低債務的有趣公司。
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.
對於本文而言，內部人是指向相關監管機構報告其交易的個人。我們目前僅考慮公開市場交易和直接利益的私人處置，但不包括衍生交易或間接利益。
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.
對本文有反饋？對內容感到擔憂？請直接與我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？對內容感到擔憂？請直接與我們聯繫。或者，發送電子郵件至editorial-team@simplywallst.com。