Select Water Solutions Insiders Sold US$638k Of Shares Suggesting Hesitancy
Select Water Solutions Insiders Sold US$638k Of Shares Suggesting Hesitancy
Select Water Solutions, Inc. (NYSE:WTTR) shareholders might have a reason to worry after multiple insiders sold their shares over the last year. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, if numerous insiders are selling, shareholders should investigate more.
在過去一年中，Select Water Solutions（紐交所代碼：WTTR）多名內部人士拋售其持有的股票，股東們有理由擔心。當評估內部交易時，了解內部人士是否在買入通常更有幫助，因爲內部人士拋售可能有各種解釋。但是，如果許多內部人員在拋售，股東應該進行更多調查。
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 Select Water Solutions
Select Water Solutions過去12個月的內部交易
In the last twelve months, the biggest single sale by an insider was when the Executive VP & CFO, Christopher George, sold US$199k worth of shares at a price of US$8.63 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of US$10.72. 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. 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. It is worth noting that this sale was only 8.3% of Christopher George's holding.
在過去12個月中，最大的內部人員售出交易是執行副總裁兼首席財務官克里斯托弗·喬治（Christopher George）以每股8.63美元的價格售出19.9萬美元的股票。因此，很明顯有一名內部人員想要提取一些現金，即使低於目前的10.72美元的價格。我們通常認爲如果內部人員一直在拋售，特別是如果他們低於當前價格拋售，那麼這是一個負面信號，因爲這意味着他們認爲更低的價格是合理的。儘管內部人員的拋售不是一個積極的跡象，但我們不能確定這是否意味着內部人員認爲該股票已被充分定價，因此這只是一個弱信號。值得注意的是，這次交易僅佔克里斯托弗·喬治持股的8.3％。
In the last year Select Water Solutions insiders didn't buy any company stock. 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，Select Water Solutions內部人員沒有購買任何公司股票。以下圖表顯示了過去一年內部交易（由公司和個人進行）。通過單擊下面的圖表，您可以查看每個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。
Insiders At Select Water Solutions Have Sold Stock Recently
Select Water Solutions的內部人員最近拋售了股票
The last quarter saw substantial insider selling of Select Water Solutions shares. In total, Executive VP & COO Michael Skarke sold US$131k worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.
最近一個季度，Select Water Solutions的內部人員大量拋售了公司股票。在那個時候，執行副總裁兼首席營運官邁克爾·斯卡克（Michael Skarke）總共拋售了13.1萬美元的股票，而我們並沒有記錄任何購買行爲。基於此，很難認爲所有內部人員都認爲該股票是一個大好機會。
Insider Ownership
內部人員持股情況
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Select Water Solutions insiders own 4.3% of the company, worth about US$58m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
許多投資者喜歡檢查公司所有權比例。我們通常希望看到相當高的內部所有權水平。看起來Select Water Solutions的內部人員擁有該公司的4.3％，價值約5800萬美元。內部所有權水平良好，但與非常突出相比僅稍有不足。當然，這確實表明了一定程度的共識。
What Might The Insider Transactions At Select Water Solutions Tell Us?
Select Water Solutions的內部交易可能告訴我們什麼？
An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. In terms of investment risks, we've identified 2 warning signs with Select Water Solutions and understanding these should be part of your investment process.
一名內部人員最近拋售了股票，但他們並沒有購買股票。即使我們看去年的情況，我們也沒有看到任何購買。內部股東持有股份，但鑑於銷售歷史，我們仍然非常謹慎。所以這些內部交易可以幫助我們建立關於股票的構想，但了解這家公司面臨的風險也很值得。在投資風險方面，我們已經發現了Select Water Solutions的2個警告信號，了解這些信號應該是您投資過程的一部分。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
當然，您可能會在其他地方找到一項出色的投資。因此，請查看此免費的有趣公司列表。
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。