Waste Connections Insiders Sell US$8.1m Of Stock, Possibly Signalling Caution
Waste Connections Insiders Sell US$8.1m Of Stock, Possibly Signalling Caution
In the last year, many Waste Connections, Inc. (NYSE:WCN) insiders sold a substantial stake in the company which may have sparked shareholders' attention. 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.
在過去的一年中,許多Waste Connections, Inc. (紐交所:WCN)內部人士出售了公司的大量股份,這可能引起了股東的注意。當評估內部交易時,了解內部人員是否正在購買通常比了解他們是否在出售更有益,因爲後者可能會引起許多業績解讀。然而,如果多個內部人員在出售,股東應更加調查。
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 Waste Connections
Waste Connections最近12個月的股東交易
Over the last year, we can see that the biggest insider sale was by the Executive VP, Patrick Shea, for US$1.5m worth of shares, at about US$168 per share. That means that even when the share price was below the current price of US$176, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 32% of Patrick Shea's stake.
在過去的一年中,我們可以看到執行副總裁Patrick Shea以每股168美元的價格出售了價值150萬美元的股票,這是最大的內部交易。這意味着即使股票價格低於當前的176美元,內部人員也想賣出一些股票。如果內部人員一直在出售,尤其是如果他們以低於當前價格的價格出售,我們通常認爲這是負面的,因爲這意味着他們認爲低價是合理的。然而,請注意,出售者可能出於各種原因出售,因此我們無法確定他們對股票價格的看法。這單一交易僅佔Patrick Shea持股32%。
Waste Connections insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Waste Connections內部人員在過去一年中沒有購買任何股票。以下是過去12個月(由公司和個人)內部交易的數據可視化。如果單擊圖表,您可以查看所有單獨的交易,包括股價、個人和日期!
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240728/0-8010afe541b7dab5c2dd990099490949-0-17b7ad6be73391d52e12fddc53b5f4ee.png/big)
I will like Waste Connections better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.
如果有一些大的內部買單,我將更喜歡Waste Connections。在等待時,請查看具有相當大量的最近內部買入的被低估和小盤股票的免費列表。
Waste Connections Insiders Are Selling The Stock
Waste Connections內部人員正在拋售該股票
Over the last three months, we've seen significant insider selling at Waste Connections. In total, insiders dumped US$752k 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Waste Connections的內部人員大量拋售。在這段時間內,內部人士總共拋售了752,000美元的股票,我們沒有記錄任何購買。總體而言,這使我們有點謹慎,但這並不是最終結論。
Does Waste Connections Boast High Insider Ownership?
Waste Connections是否擁有高的內部股權?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Waste Connections insiders own 0.3% of the company, currently worth about US$120m 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.
許多投資者喜歡檢查公司被內部人員擁有多少股份。高內部持股往往會使公司領導更加關注股東利益。Waste Connections內部人員擁有該公司的0.3%股份,目前根據最近的股票價格約價值1.2億美元。我喜歡看到這種程度的內部股權,因爲這增加了管理層考慮股東最大利益的機會。
So What Do The Waste Connections Insider Transactions Indicate?
Waste Connections內部交易表示什麼?
Insiders sold stock recently, but they haven't been buying. And there weren't any purchases to give us comfort, over the last year. But it is good to see that Waste Connections is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. 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 Waste Connections that deserve your attention before buying any shares.
內部人員最近出售了股票,但他們沒有購買。在過去一年中,也沒有任何購買,這並沒有使我們感到放心。但很高興看到Waste Connections在增長收益。雖然了解內部人員在購買或出售方面的行爲很有幫助,但了解特定公司面臨的風險也很有幫助。在Simply Wall St上,我們發現了1個Waste Connections的警告符號,值得您在購買任何股票之前注意。
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.
如果您想查看另一家公司的信息-一家潛在具有優秀財務狀況的公司-請不要錯過這個帶有高股權回報率和低債務的有趣公司免費列表。
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。