Selling Central Garden & Pet Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders
Selling Central Garden & Pet Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders
Central Garden & Pet Company's (NASDAQ:CENT) value has fallen 13% in the last week, but insiders who sold US$1.0m worth of stock over the last year have had less success. Insiders would probably have been better off holding on to their shares given that the average selling price of US$45.64 is still lower than the current share price.
中央花园和宠物公司(纳斯达克股票代码:CENT)的价值在上周下跌了13%,但去年出售价值100万美元股票的内部人士收效甚微。鉴于45.64美元的平均售价仍低于当前的股价,业内人士最好持有自己的股票。
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
尽管在长期投资中,内幕交易并不是最重要的事情,但我们认为完全忽视内幕交易是愚蠢的。
See our latest analysis for Central Garden & Pet
查看我们对 Central Garden & Pet 的最新分析
The Last 12 Months Of Insider Transactions At Central Garden & Pet
Central Garden & Pet的最后12个月内幕交易
Over the last year, we can see that the biggest insider sale was by the Director, Brooks Pennington, for US$1.0m worth of shares, at about US$45.64 per share. 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$39.52. So it may not tell us anything about how insiders feel about the current share price. Brooks Pennington was the only individual insider to sell shares in the last twelve months.
在过去的一年中,我们可以看到,最大的内幕交易是董事布鲁克斯·彭宁顿以价值100万美元的股票出售,每股约为45.64美元。尽管内幕抛售是负面的,但对我们来说,如果以较低的价格出售股票,则更为负面。令人欣慰的是,此次出售的价格远高于目前的股价,即39.52美元。因此,它可能无法告诉我们内部人士对当前股价的看法。布鲁克斯·彭宁顿是过去十二个月中唯一一位出售股票的个人内部人士。
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
您可以看到下图所示的去年的内幕交易(公司和个人)。如果你想确切地知道谁卖了,卖了多少钱,什么时候卖了,只需点击下面的图表即可!
![insider-trading-volume](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231122/0-0e5749c446adf63a7e324b5f0439f6ef-0-781b2f81328fb7e06f2a42b21a40cd3a.png/big)
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
对于那些喜欢寻找中奖投资的人来说,这份最近有内幕收购的成长型公司的免费名单可能只是门票。
Insider Ownership
内部所有权
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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Central Garden & Pet insiders own 9.0% of the company, worth about US$199m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
我喜欢看看内部人士在一家公司拥有多少股份,以帮助我了解他们与内部人士的一致性。通常,内部人所有权越高,内部人士被激励长期建立公司的可能性就越大。很高兴看到Central Garden & Pet内部人士拥有该公司9.0%的股份,价值约1.9亿美元。内部人士持有这种重大所有权通常会增加公司为所有股东的利益而经营的机会。
So What Does This Data Suggest About Central Garden & Pet Insiders?
那么,这些数据对中央花园和宠物内幕人士有何启示呢?
The fact that there have been no Central Garden & Pet insider transactions recently certainly doesn't bother us. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the Central Garden & Pet insiders selling. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. In terms of investment risks, we've identified 1 warning sign with Central Garden & Pet and understanding this should be part of your investment process.
最近没有Central Garden & Pet的内幕交易这一事实当然不会打扰我们。很高兴看到内幕所有权居高不下,但回顾去年,我们并没有从Central Garden & Pet内部人士的抛售中获得信心。虽然我们喜欢了解内部人士的所有权和交易情况,但在做出任何投资决定之前,我们也一定要考虑股票面临的风险。在投资风险方面,我们已经确定了Central Garden & Pet的1个警告信号,并知道这应该是您投资过程的一部分。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
当然,通过寻找其他地方,你可能会找到一笔不错的投资。因此,来看看这份有趣的公司的免费清单吧。
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,内部人士是指向相关监管机构报告其交易的个人。我们目前只考虑公开市场交易和私下处置的直接利益,不包括衍生品交易或间接权益。
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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.
对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。