KB Home Insiders Sell US$16m Of Stock, Possibly Signalling Caution
KB Home Insiders Sell US$16m Of Stock, Possibly Signalling Caution
The fact that multiple KB Home (NYSE:KBH) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. 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, if numerous insiders are selling, shareholders should investigate more.
知道Kb Home (紐交所:KBH)的多個內部人員在過去一年裏拋售了大量股票這一事實,可能會在投資者中引起一些不滿。 在評估內幕交易時,通常知道內部人員是否在買入股票比知道他們是否在賣出股票更有益,因爲後者可能會有很多解讀。 但是,如果有許多內幕人員在賣出股票,股東應該進行更深入的調查。
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
雖然我們絕不建議投資者僅基於公司董事所做的事情來作出決策,但我們認爲密切關注內部人士所做的事情是完全合理的。
The Last 12 Months Of Insider Transactions At KB Home
Kb Home 的內部交易,過去12個月的情況
The Executive VP & CFO, Jeff Kaminski, made the biggest insider sale in the last 12 months. That single transaction was for US$4.6m worth of shares at a price of US$61.27 each. That means that even when the share price was below the current price of US$80.00, an insider wanted to cash in some shares. 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. We note that the biggest single sale was 67% of Jeff Kaminski's holding.
執行副總裁兼首席財務官傑夫·卡明斯基(Jeff Kaminski)在過去12個月中進行了最大的內部交易。 那筆單一交易的價值爲460萬美元,每股價格爲61.27美元。 這意味着即使股價低於當前的80.00美元,內部人員仍想把股票套現。當內部人員在當前價格下出售股票時,這意味着他們認爲更低的價格是公平的。 這讓我們想知道他們對(更高的)最近估值的看法。 儘管內部人員的賣出並不是一個積極的信號,但我們無法確定它是否意味着他們認爲股票已被充分評估,因此這只是一個微弱的信號。 我們注意到,最大的單筆銷售佔傑夫·卡明斯基持有的股份的67%。
Insiders in KB Home didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Kb Home 內部人員在過去一年中沒有買入任何股票。 您可以在下面看到過去12個月內的內部交易(按公司和個人),如果想了解確切的銷售者、售價和時間,只需點擊下面的圖表即可!
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240722/0-7a0bc8a25973c277753cab3f1424bf14-0-0219b8c512c9536d1a3535b24f9910d5.png/big)
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。
Insiders At KB Home Have Sold Stock Recently
Kb Home 的內部人員最近出售了股票
Over the last three months, we've seen significant insider selling at KB Home. In total, insiders sold US$1.8m worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.
在過去的三個月中,我們看到 Kb Home 的內部人員進行了大量出售行爲。 在那段時間內,內部人員總共出售了價值180萬美元的股票,而我們沒有記錄任何購買行爲。 這可能表明,一些內部人員認爲股票價格並不便宜。
Does KB Home Boast High Insider Ownership?
Kb Home 是否擁有高內部持股量?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. KB Home insiders own 3.6% of the company, currently worth about US$218m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
測試公司領導層和其他股東之間的一致性的另一種方法是看看他們擁有多少股份。 如果內部人員擁有公司的大量股份,我認爲這是一個好的跡象。 Kb Home 的內部人員擁有該公司的3.6%的股份,根據最近的股價,目前價值約爲21800萬美元。 大多數股東會很高興看到這種內部持股,因爲它表明管理層的動機與其他股東是一致的。
What Might The Insider Transactions At KB Home Tell Us?
Kb Home 的內部交易能告訴我們什麼?
Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. 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. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing KB Home. Every company has risks, and we've spotted 1 warning sign for KB Home you should know about.
儘管內部人員最近出售了股票,但他們並沒有進行買入行爲。 根據過去的十二個月的數據,我們的數據並未顯示任何內部人員購買。 儘管內部人員確實擁有許多公司股份(這很好),但我們對他們的交易分析並沒有讓我們對公司感到自信。 除了了解正在進行的內部交易之外,識別 Kb Home 面臨的風險也是有益的。 每個公司都有風險,我們已經發現 Kb Home 的一個警告信號,您應該知道。
Of course KB Home may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
當然,Kb Home 可能不是最好的股票選擇。 所以您可能希望查看這些高質量公司的免費收藏。
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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。