Possible Bearish Signals With Brown & Brown Insiders Disposing Stock
Possible Bearish Signals With Brown & Brown Insiders Disposing Stock
The fact that multiple Brown & Brown, Inc. (NYSE:BRO) 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, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
布朗与布朗公司(纽交所:BRO)的多位内部人士在过去一年抛售了相当数量的股票,这可能会引起投资者的注意。了解内部人员是否在购买股票通常更有帮助,因为内部人员出售股票可能有多种解释。然而,如果几位内部人员在特定时间段内出售股票,股东应该深入了解。
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
虽然我们绝不建议投资者仅基于公司董事所做的事情来作出决策,但我们认为密切关注内部人士所做的事情是完全合理的。
The Last 12 Months Of Insider Transactions At Brown & Brown
布朗与布朗的近12个月内部交易
Over the last year, we can see that the biggest insider sale was by the Chairman of the Board, J. Brown, for US$20m worth of shares, at about US$86.05 per share. That means that an insider was selling shares at slightly below the current price (US$89.65). 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 0.6% of J. Brown's holding.
在过去的一年中,我们可以看到董事会主席J·布朗的最大内部售出价值为2,000万美元,每股价格约为86.05美元。这意味着内部人员以略低于当前价格(89.65美元)的价格出售了股票。我们通常认为,如果内部人员一直在卖出,特别是如果他们以低于当前价格的价格出售,这是一种负面信号,因为这意味着他们认为较低的价格是合理的。然而,虽然内部人员的股票出售有时会令人沮丧,但这只是一个弱信号。有必要指出的是,这次出售仅占J·布朗持股的0.6%。
In the last year Brown & Brown insiders didn't buy any company stock. 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!
在过去一年中,布朗与布朗的内部人员没有购买任何公司股票。您可以在下面的图表中查看过去一年内的内部交易(按公司和个人)。通过单击下面的图表,您可以看到每个内部交易的详细信息!
![insider-trading-volume](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240703/0-eacda035209e582ff56df8b0845b05da-0-d75ca042e3eb5d1ae5144f04124acef4.png/big)
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
对于那些喜欢发现潜力股票的人,可以免费查看最新内部交易股票的小盘公司名单,这可能正是您要找的机会。
Insiders At Brown & Brown Have Sold Stock Recently
布朗与布朗的内部人员最近出售了股票
The last three months saw significant insider selling at Brown & Brown. In total, Executive VP & Chief People Officer Julie Turpin dumped US$301k 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.
过去三个月,布朗与布朗的内部人员出售了大量股票。在这段时间内,执行副总裁兼首席人力资源官朱莉·特尔平(Julie Turpin)共出售价值30.1万美元的股票,并且我们没有记录任何购买。考虑到这一点,很难争辩说所有内部人员都认为股票价格便宜。
Insider Ownership Of Brown & Brown
布朗与布朗的内部持股权
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Brown & Brown insiders own 17% of the company, currently worth about US$4.3b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
测试公司领导者与其他股东之间的一致性的另一种方法是查看他们拥有的股份数量。通常,内部人员拥有的股份越高,内部人员为长期建立公司的激励就越大。布朗与布朗的内部人员拥有该公司的17%,根据最近的股价计算,当前价值约为43亿美元。这种内部人员的显着持股通常会增加公司在所有股东的利益中运行的机会。
What Might The Insider Transactions At Brown & Brown Tell Us?
布朗与布朗的内部交易可能告诉我们什么?
An insider sold Brown & Brown shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that Brown & Brown is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 1 warning sign for Brown & Brown that deserve your attention before buying any shares.
内部人员最近出售了布朗与布朗的股票,但他们没有购买股票。在过去的十二个月中,我们的数据没有显示任何内部人员购买。但很高兴看到布朗与布朗在不断增长盈利。该公司拥有高内部持股,但考虑到股票销售的历史,我们还有些犹豫。因此,这些内部交易可以帮助我们建立关于这只股票的论点,但是了解这家公司面临的风险也很有价值。在Simply Wall St上,我们发现了1个值得您关注的布朗与布朗警告信号,所以在购买任何股票之前请先查看这些信号。
Of course Brown & Brown may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
当然,布朗与布朗可能不是最好的购买股票。因此,您可能希望查看这些优质公司的免费收藏。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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@simplywallst.com。