Possible Bearish Signals With A10 Networks Insiders Disposing Stock
Possible Bearish Signals With A10 Networks Insiders Disposing Stock
A10 Networks, Inc. (NYSE:ATEN) shareholders might have a reason to worry after multiple insiders sold their shares over the last year. 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.
过去一年中，A10 Networks股东存在多次内部人士出售股票的情况，这可能会让股东们感到担忧。评估内部交易时，通常了解内部人士是否买入比了解是否卖出更为有益，因为后者可能会被各种解读所影响。然而，如果多名内部人士正在出售股票，股东们就应该进行更深入的调查。
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
虽然在长期投资中，内部交易并不是最重要的事情，但我们认为关注内部人士的行动是非常合理的。
A10 Networks Insider Transactions Over The Last Year
过去一年中的A10 Networks内部交易
The Board Chair, Dhrupad Trivedi, made the biggest insider sale in the last 12 months. That single transaction was for US$496k worth of shares at a price of US$13.21 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$13.51. 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 10% of Dhrupad Trivedi's holding.
董事长Dhrupad Trivedi在过去的12个月中进行了最大规模的内部交易。这一次单独的交易涉及了496,000美元的股票，每股价格为13.21美元。所以很明显，这个内部人士想要把他手上的一些现金拿出来，甚至低于当前的股价13.51美元。我们通常认为，如果内部人士一直在出售股票，特别是如果他们是以当前股价以下的价格出售的话，这可能是个不好的信号，因为这意味着他们认为更低的价格是合理的。虽然内部人士出售股票并不是一个积极的迹象，但我们不能确定他们是否认为这些股票已经完全被定价，因此这只是一个弱的信号。值得注意的是，这一次交易只占到Dhrupad Trivedi股份的10％。
Insiders in A10 Networks didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
A10 Networks内部人士在过去一年中没有买进任何股票。下图显示了过去一年中（公司和个人）内部交易的情况。如果您单击该图表，则可以查看所有个人交易，包括股票价格、个人和日期！
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。）
Insider Ownership Of A10 Networks
A10 Networks内部所有权情况
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. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that A10 Networks insiders own about US$7.2m worth of shares (which is 0.7% of the company). Whilst better than nothing, we're not overly impressed by these holdings.
我喜欢查看内部人士在公司中所拥有的股份数，以帮助我了解他们与内部人士的利益如何一致。内部人士所拥有的股权较高，往往使公司领导更加关注股东利益。我们的数据显示，A10 Networks内部人士拥有约为7.2美元的股票价值（占公司股份的0.7％）。虽然这比没有要好，但我们对这些持股数量并不是十分印象深刻。
So What Do The A10 Networks Insider Transactions Indicate?
A10 Networks内部交易的意义是什么？
The fact that there have been no A10 Networks insider transactions recently certainly doesn't bother us. Our analysis of A10 Networks insider transactions leaves us unenthusiastic. And usually insiders own more stock in the company, according to our data. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 1 warning sign for A10 Networks and we suggest you have a look.
最近A10 Networks没有内部交易的事实确实没有让我们感到烦恼。我们对A10 Networks内部交易的分析让我们感到不太热情。通常根据我们的数据，内部人士会拥有更多的公司股票。因此，这些内部交易可以帮助我们建立关于股票的论题，但了解面临的风险也很重要。您会感兴趣的是，我们发现A10 Networks存在一个警告迹象，建议您仔细查看。
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。
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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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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