Insiders At Travelers Companies Sold US$7.7m In Stock, Alluding To Potential Weakness
Insiders At Travelers Companies Sold US$7.7m In Stock, Alluding To Potential Weakness
Over the past year, many The Travelers Companies, Inc. (NYSE:TRV) 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, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
過去一年裏,許多旅行者保險公司(紐交所:TRV)內部人士出售了公司的大部分股份,可能引起了投資者的興趣。分析內部交易時,通常更有價值的是知道內部人員是買入還是賣出,因爲後者傳遞了模棱兩可的信息。但是,當多名內部人員在特定期間出售股票時,股東應該注意到,因爲這可能是一個紅旗。
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
儘管在長期投資中內部交易並不是最重要的事情,但從邏輯上講,您應該關注內部人員是否買入或出售股票。
The Last 12 Months Of Insider Transactions At Travelers Companies
旅行者保險公司內幕交易的最後12個月
The Executive VP & President of Business Insurance, Gregory Toczydlowski, made the biggest insider sale in the last 12 months. That single transaction was for US$2.0m worth of shares at a price of US$215 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$221. 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. We note that the biggest single sale was only 33% of Gregory Toczydlowski's holding.
業務保險的執行副總裁兼總裁格雷戈裏·託茨迪洛夫斯基在過去12個月中進行了最大的內部交易。 這筆單一交易價值200萬美元,以每股215美元的價格成交。因此很明顯內部人想要獲得現金,即使股票當前價格低於221美元。一般規則是,當內部人員以低於當前價格的價格出售股票時,這會令人沮喪,因爲這表明他們對低估值感到滿意。但是,儘管內部人員的出售有時會令人沮喪,但這只是一個薄弱的信號。我們注意到,託茨迪洛夫斯基的最大單筆出售僅佔其持有股份的33%。
Insiders in Travelers Companies 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!
旅行者保險公司的內部人員在過去一年裏沒有買入任何股票。您可以在下圖中查看上市公司和個人的內部交易(如果單擊圖表,則可以查看所有單個交易,包括股價,個人和日期)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240718/0-c769edeca014c3e795838042968596fa-0-270f65c0b9fc49f39b0d3b4be9300e2f.png/big)
I will like Travelers Companies better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.
如果我看到一些大的內部買盤,我會更喜歡旅行者保險公司。等待時,請查看這個免費清單,其中包含最近有重要內部購買的低估和小盤股。
Insiders At Travelers Companies Have Sold Stock Recently
旅行者保險公司內部人員最近出售了股票
Over the last three months, we've seen significant insider selling at Travelers Companies. Specifically, insiders ditched US$3.9m 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,我們看到旅行者保險公司的內部人員出售了大量的股票。具體而言,內部人士在這段時間內拋售了價值390萬美元的股票,我們沒有記錄任何購買量。這可能表明一些內部人員認爲股票並不便宜。
Does Travelers Companies Boast High Insider Ownership?
旅行者保險公司是否擁有高內部持股?
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Travelers Companies insiders own about US$198m worth of shares (which is 0.4% 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.
許多投資者喜歡檢查公司的內部持股比例。如果內部人員擁有公司的大量股份,我認爲這是一個好兆頭。旅行者保險公司的內部人員擁有價值約1億9800萬美元的股份(佔公司的0.4%)。此類內部大量持股通常會增加公司以所有股東的利益運行的機會。
What Might The Insider Transactions At Travelers Companies Tell Us?
旅行者保險公司的內部交易可能告訴我們什麼?
Insiders haven't bought Travelers Companies stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. But it is good to see that Travelers Companies 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. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Travelers Companies.
內部人員在過去的三個月中沒有購買旅行者保險公司的股票,但是有一些減持。回顧過去的十二個月,我們的數據沒有顯示出任何內部買入。但值得注意的是,旅行者保險公司正在增長盈利。公司擁有高比例的內部持股,但鑑於股票銷售的歷史,我們仍有些猶豫。因此,這些內部交易可以幫助我們建立關於股票的假設,但了解該公司面臨的風險也是值得的。爲了幫助您了解,我們發現了一個警告信號,您應該注意,以更好地了解旅行者保險公司。
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.
如果您想查看另一家公司的信息-一家潛在具有優秀財務狀況的公司-請不要錯過這個帶有高股權回報率和低債務的有趣公司免費列表。
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.
對於本文而言,內部人是指向相關監管機構報告其交易的個人。我們目前僅考慮公開市場交易和直接利益的私人處置,但不包括衍生交易或間接利益。
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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。