Insiders At SPX Technologies Sold US$7.9m In Stock, Alluding To Potential Weakness
Insiders At SPX Technologies Sold US$7.9m In Stock, Alluding To Potential Weakness
The fact that multiple SPX Technologies, Inc. (NYSE:SPXC) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. 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.
过去一年里，多个SPX Technologies, Inc. (纽交所: SPXC)的内部人士卸载了大量股份，这可能会引起投资者的注意。分析内部人员的交易情况时，通常更有价值的是了解内部人员是否买入而不是卖出，因为后者传递了模棱两可的信息。然而，如果几位内部人员在特定时间段内出售股票，则股东应该深入了解。
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
虽然我们认为股东不应仅仅跟随内部人士的交易，但逻辑告诉我们，应该注意内部人士是购买还是出售股票。
SPX Technologies Insider Transactions Over The Last Year
SPX Technologies的内部交易在过去一年里的情况
Over the last year, we can see that the biggest insider sale was by the President, Eugene Lowe, for US$7.2m worth of shares, at about US$117 per share. That means that even when the share price was below the current price of US$143, an insider wanted to cash in some shares. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 8.5% of Eugene Lowe's stake.
在过去的一年中，我们可以看到最大的内部交易是由总裁尤金·洛威进行的，价值为720万美元，每股117美元左右。这意味着即使股价低于当前的143美元，一位内部人士仍想卖出一些股份。通常情况下，当内部人员以低于当前价格的价格出售时，我们认为这是令人沮丧的，因为这表明他们对较低的估值感到满意。然而，虽然内部人员的卖出有时会令人沮丧，但这只是一个弱信号。这次单一交易仅占尤金·洛威所持股份的8.5%。
Insiders in SPX Technologies didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
过去一年里，SPX Technologies的内部人士没有购买任何股份。下图显示了过去一年内（按公司和个人）内部交易的情况。通过单击下面的图表，您可以了解每个内部交易的详细信息！
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 SPX Technologies
SPX Technologies的内部持股情况
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. SPX Technologies insiders own about US$152m worth of shares (which is 2.3% 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.
观察公司内部人员持有的股份总数可以帮助你判断他们是否与普通股东的利益相一致。我们通常希望看到内部人员持有的股份相对较高。SPX Technologies的内部人员持有约1.52亿美元的股份（占公司市值的2.3%）。这种内部人员的重要持股总体上有助于增加公司在所有股东中的利益。
What Might The Insider Transactions At SPX Technologies Tell Us?
SPX Technologies内部交易对我们可能传达的信息
It doesn't really mean much that no insider has traded SPX Technologies shares in the last quarter. It's great to see high levels of insider ownership, but looking back over the last year, we don't gain confidence from the SPX Technologies insiders selling. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of SPX Technologies.
SPX Technologies的内部人员在上一季度并没有交易并不意味着什么。看到内部人员持股较高是好事，但回顾过去一年，我们并不认为SPX Technologies内部人员的卖出行为会增加我们的信心。因此，这些内部交易可以帮助我们建立有关股票的论点，但了解该公司面临的风险也是有价值的。为此，我们已发现1项警告标志，您应该留意以获得更好的SPX Technologies情况。
But note: SPX Technologies may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
但请注意：SPX Technologies可能不是最好的股票买入。因此，看看拥有高roe和低债务的有趣公司的免费列表。
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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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.
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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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