Possible Bearish Signals With PC Connection Insiders Disposing Stock
Possible Bearish Signals With PC Connection Insiders Disposing Stock
The fact that multiple PC Connection, Inc. (NASDAQ:CNXN) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
过去一年,多名PC Connection, Inc. (纳斯达克:CNXN) 内部人士出售了大量股票,这可能在投资者中引起了一些关注。了解内部人员是否购买股票,在评估内部交易时通常更有用,因为内部人员出售股票可能有各种解释。但是,当多名内部人员在特定时间内出售股票时,股东应该注意到这可能是一个红旗。
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
虽然我们不认为股东应该简单地跟随内部交易,但完全忽略内部交易将是愚蠢的。
The Last 12 Months Of Insider Transactions At PC Connection
PC Connection 内部交易的最后12个月
In the last twelve months, the biggest single sale by an insider was when the President & CEO, Timothy McGrath, sold US$1.9m worth of shares at a price of US$53.30 per share. That means that an insider was selling shares at slightly below the current price (US$67.99). 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. 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. It is worth noting that this sale was only 11% of Timothy McGrath's holding.
在过去的十二个月中,首席执行官Timothy McGrath出售了价值190万美元的股票,每股价格为53.30美元,是内部人员单笔最大的股票交易。这意味着内部人员在低于当前价格(67.99美元)时出售股票。当内部人员以低于当前价格的价格出售股票时,这表明他们认为这个低价是公平的。这让我们想知道他们对(更高的)最近估值的看法。请注意,卖家可能有各种出售股票的原因,因此我们不确定他们对股票价格的看法。值得注意的是,这次交易仅占Timothy McGrath持股的11%。
PC Connection insiders didn't buy any shares over the last year. 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!
过去一年里,PC Connection内部人士没有购买任何股票。您可以在下面的图表中查看过去一年中公司和个人的内部交易。如果您想确切地知道谁卖了多少、什么时候卖出,只需点击下面的图表即可!
![insider-trading-volume](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240606/0-ae770e0b38539c9ff8d0f2fd361dc801-0-a4fc47e20906a40e74c8a0cf8db2947d.png/big)
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
如果你喜欢购买内部人员正在购买而不是销售的股票,那么你可能会喜欢这份免费的公司列表。(提示:它们中的大部分都被忽视了。)
Insiders At PC Connection Have Sold Stock Recently
PC Connection内部人士最近出售了股票
Over the last three months, we've seen significant insider selling at PC Connection. In total, insiders sold US$717k 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.
在过去的三个月中,我们看到PC Connection有重大内部卖出行为。在此期间,内部人士总共出售了价值71.7万美元的股票,而我们没有记录任何购买交易。总的来说,这让我们有点谨慎,但这并不是全部。
Does PC Connection Boast High Insider Ownership?
PC Connection是否拥有高内部人员所有权?
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. PC Connection insiders own about US$963m worth of shares (which is 54% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
另一种测试一家公司领导者与其他股东之间的对齐程度的方法是查看他们拥有多少股份。如果内部人员在公司拥有重大股份,则我认为这是一个好迹象。PC Connection的内部人员拥有约9.63亿美元的股份(占公司的54%)。这种内部人员持股的重大所有权通常会增加公司在所有股东的利益下运行的可能性。
So What Do The PC Connection Insider Transactions Indicate?
那么PC Connection内部交易表明什么?
Insiders sold PC Connection shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But since PC Connection is profitable and growing, we're not too worried by this. 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. You'd be interested to know, that we found 1 warning sign for PC Connection and we suggest you have a look.
内部人员最近出售了PC Connection的股票,但他们没有进行任何购买。即使我们看过去一年,我们也没有发现任何购买。但由于PC Connection是盈利和成长的,我们对此不太担心。该公司拥有高内部人员所有权,但鉴于股票销售的历史,我们有些犹豫。因此,了解内部人员的买卖行为固然有帮助,但了解特定公司面临的风险也很有帮助。您可能会感兴趣,我们发现了1个PC Connection的警告信号,建议您查看。
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.
如果你想查看其他公司——那些具有开多净资产收益率和低负债的有趣公司的免费清单——那么不要错过这个机会。
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.
对于本文而言,内部人是指向相关监管机构报告其交易的个人。我们目前仅考虑公开市场交易和直接利益的私人处置,但不包括衍生交易或间接利益。
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.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。