Hubbell Insiders Sell US$7.0m Of Stock, Possibly Signalling Caution
Hubbell Insiders Sell US$7.0m Of Stock, Possibly Signalling Caution
Over the past year, many Hubbell Incorporated (NYSE:HUBB) insiders sold a significant stake in the company which may have piqued investors' interest. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. 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,哈貝爾公司(紐約證券交易所代碼:HUBB)的許多內部人士出售了該公司的大量股份,這可能激起了投資者的興趣。在分析內幕交易時,了解內部人士是否在買入通常比知道他們是否在賣出更有價值,因爲後者發出的信息模棱兩可。但是,股東應更深入地研究是否有幾位內部人士在特定時間段內出售股票。
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
儘管我們絕不會建議投資者僅根據公司董事的所作所爲做出決定,但我們認爲完全忽視內幕交易是愚蠢的。
Hubbell Insider Transactions Over The Last Year
去年 Hubbell 的內幕交易
In the last twelve months, the biggest single sale by an insider was when the Executive VP & CFO, William Sperry, sold US$5.3m worth of shares at a price of US$353 per share. That means that an insider was selling shares at slightly below the current price (US$418). 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. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 28% of William Sperry's holding.
在過去的十二個月中,內部人士最大的一次出售是執行副總裁兼首席財務官威廉·斯佩裏以每股353美元的價格出售了價值530萬美元的股票。這意味着一位內部人士正在以略低於當前價格(418美元)的價格出售股票。如果內部人士一直在賣出,特別是如果他們賣出低於當前價格,我們通常認爲這是負面的,因爲這意味着他們認爲較低的價格是合理的。但是,儘管內幕銷售有時令人沮喪,但這只是一個微弱的信號。值得注意的是,此次出售僅佔威廉·斯佩裏持股的28%。
Over the last year we saw more insider selling of Hubbell shares, than buying. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
在過去的一年中,我們看到Hubbell股票的內幕拋售多於買入。您可以看到下圖所示的去年的內幕交易(公司和個人)。通過點擊下面的圖表,你可以看到每筆內幕交易的確切細節!
![insider-trading-volume](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240324/0-be7b4a0366e0a676bbb94f8ac0637ec0-0-57e6e753bc3e4869e5b228f8d0fecf3f.png/big)
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
如果你像我一樣,那麼你不會想錯過這份業內人士正在收購的成長型公司的免費名單。
Insiders At Hubbell Have Sold Stock Recently
Hubbell的內部人士最近出售了股票
The last three months saw significant insider selling at Hubbell. In total, insiders sold US$6.4m 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,Hubbell出現了大量的內幕拋售。在此期間,內部人士總共出售了價值640萬美元的股票,我們沒有記錄任何購買記錄。這可能表明一些內部人士認爲股票並不便宜。
Does Hubbell Boast High Insider Ownership?
Hubbell 是否擁有很高的內部所有權?
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. Insiders own 0.3% of Hubbell shares, worth about US$76m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
許多投資者喜歡檢查一家公司有多少股份由內部人士擁有。我們通常希望看到相當高的內部所有權水平。內部人士擁有哈貝爾0.3%的股份,價值約7600萬美元。儘管這是一個強勁但並不突出的內部所有權水平,但這足以表明管理層與小型股東之間有一定的一致性。
So What Does This Data Suggest About Hubbell Insiders?
那麼這些數據對Hubbell內部人士有什麼啓示呢?
Insiders haven't bought Hubbell stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. On the plus side, Hubbell makes money, and is growing profits. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! 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 2 warning signs with Hubbell and understanding them should be part of your investment process.
內部人士在過去三個月中沒有買入Hubbell的股票,但出現了一些拋售。儘管有一些內幕買盤,但長期前景並不能使我們感到更加樂觀。從好的方面來看,Hubbell賺了錢,而且利潤也在增長。儘管內部人士確實擁有股票,但他們並不擁有大量股票,他們一直在拋售。購買前我們會謹慎行事!雖然我們喜歡了解內部人士的所有權和交易情況,但在做出任何投資決策之前,我們一定要考慮股票面臨的風險。在投資風險方面,我們已經向Hubbell確定了兩個警告信號,並了解它們應該成爲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,通過尋找其他地方,你可能會找到一筆不錯的投資。因此,來看看這份有趣的公司的免費清單吧。
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,內部人士是指向相關監管機構報告其交易的個人。我們目前只考慮公開市場交易和私下處置的直接利益,不包括衍生品交易或間接權益。
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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。