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Targa Resources Insiders Sold US$13m Of Shares Suggesting Hesitancy

Targa Resources Insiders Sold US$13m Of Shares Suggesting Hesitancy

Targa Resources内部人士出售了1300万美元的股票,这表明他们犹豫不决
Simply Wall St ·  2023/11/21 14:16

In the last year, many Targa Resources Corp. (NYSE:TRGP) insiders sold a substantial stake in the company which may have sparked shareholders' attention. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.

去年,许多Targa Resources Corp.(纽约证券交易所代码:TRGP)内部人士出售了该公司的大量股份,这可能引起了股东的关注。在评估内幕交易时,了解内部人士是买入还是卖出通常更有利,因为后者可能有多种解释。但是,股东应更深入地研究是否有几位内部人士在特定时间段内出售股票。

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

尽管我们认为股东不应干脆关注内幕交易,但我们认为完全忽视内幕交易是愚蠢的。

View our latest analysis for Targa Resources

查看我们对 Targa Resources 的最新分析

The Last 12 Months Of Insider Transactions At Targa Resources

Targa Resources最近12个月的内幕交易

The Executive VP, Regina Gregory, made the biggest insider sale in the last 12 months. That single transaction was for US$2.4m worth of shares at a price of US$76.24 each. That means that an insider was selling shares at slightly below the current price (US$86.02). 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. 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. We note that the biggest single sale was only 39% of Regina Gregory's holding.

执行副总裁里贾纳·格雷戈里进行了过去12个月来最大的一次内幕交易。该单笔交易以每股76.24美元的价格出售了价值240万美元的股票。这意味着一位内部人士以略低于当前价格(86.02美元)的价格出售股票。当内部人士的卖出价格低于当前价格时,这表明他们认为较低的价格是公平的。这让我们想知道他们如何看待最近(更高的)估值。尽管内幕抛售不是一个积极的信号,但我们无法确定这是否意味着内部人士认为股票已被充分估值,因此这只是一个弱势信号。我们注意到,最大的单笔销售仅为里贾纳·格雷戈里持股的39%。

Insiders in Targa Resources didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

去年,Targa Resources的内部人士没有购买任何股票。你可以在下面看到过去 12 个月内幕交易(由公司和个人进行的)的直观描述。如果您想确切地知道谁售出、售价多少、何时出售,只需点击下图即可!

insider-trading-volume
NYSE:TRGP Insider Trading Volume November 21st 2023
纽约证券交易所:TRGP 内幕交易量 2023 年 11 月 21 日

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

如果你像我一样,那么你不会想错过这份业内人士正在收购的成长型公司的免费名单。

Insiders At Targa Resources Have Sold Stock Recently

Targa Resources的内部人士最近出售了股票

The last three months saw significant insider selling at Targa Resources. In total, Independent Director Charles Crisp dumped US$255k 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.

在过去的三个月中,Targa Resources进行了大量的内幕抛售。在此期间,独立董事查尔斯·克里斯普总共抛售了价值25.5万美元的股票,我们没有记录任何收购。有鉴于此,很难说所有内部人士都认为这些股票很划算。

Insider Ownership Of Targa Resources

Targa 资源的内部所有权

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Targa Resources insiders own 1.6% of the company, worth about US$310m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

许多投资者喜欢检查公司有多少股份由内部人士拥有。通常,内部人所有权越高,内部人士被激励长期建立公司的可能性就越大。很高兴看到Targa Resources内部人士拥有该公司1.6%的股份,价值约3.1亿美元。我喜欢看到这种程度的内部所有权,因为它增加了管理层考虑股东最大利益的机会。

So What Does This Data Suggest About Targa Resources Insiders?

那么,这些数据对 Targa Resources Insiders 有什么启示?

An insider sold Targa Resources 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 Targa Resources 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. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. While conducting our analysis, we found that Targa Resources has 2 warning signs and it would be unwise to ignore them.

一位内部人士最近出售了Targa Resources的股票,但他们没有买入任何股票。而且,即使我们看看去年,我们也没有看到任何购买。但是,由于Targa Resources盈利且不断增长,我们对此并不太担心。该公司拥有很高的内部所有权,但考虑到股票销售的历史,我们有点犹豫。虽然我们喜欢了解内部人士的所有权和交易情况,但在做出任何投资决定之前,我们也一定要考虑股票面临的风险。在进行分析时,我们发现Targa Resources有两个警告信号,忽视它们是不明智的。

But note: Targa Resources 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:Targa Resources可能不是最值得买入的股票。因此,来看看这份免费列出的投资回报率高、债务低的有趣公司的名单。

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.

就本文而言,内部人士是指向相关监管机构报告其交易的个人。我们目前只考虑公开市场交易和私下处置的直接利益,不包括衍生品交易或间接权益。

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.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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