U.S. Physical Therapy Insiders Sold US$2.2m Of Shares Suggesting Hesitancy
U.S. Physical Therapy Insiders Sold US$2.2m Of Shares Suggesting Hesitancy
U.S. Physical Therapy, Inc. (NYSE:USPH) 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 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.
去年有多位内部人士出售股票后，美国物理疗法公司（纽约证券交易所代码：USPH）的股东可能有理由担心。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, logic dictates you should pay some attention to whether insiders are buying or selling shares.
尽管我们认为股东不应该简单地关注内幕交易，但逻辑要求你应该注意内部人士是在买入还是卖出股票。
The Last 12 Months Of Insider Transactions At U.S. Physical Therapy
美国物理疗法公司最近12个月的内幕交易
In the last twelve months, the biggest single sale by an insider was when the Chief Operating Officer - West, Graham Reeve, sold US$452k worth of shares at a price of US$110 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$97.49. So it may not shed much light on insider confidence at current levels.
在过去的十二个月中，内部人士最大的一次出售是西部首席运营官格雷厄姆·里夫以每股110美元的价格出售了价值45.2万美元的股票。虽然我们通常不喜欢看到内幕销售，但更令人担忧的是是否以较低的价格进行销售。令人欣慰的是，此次出售的价格远高于当前的股价，即97.49美元。因此，在当前水平上，这可能无法为内部信心提供太多启示。
In total, U.S. Physical Therapy insiders sold more than they bought over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
总的来说，美国物理疗法内部人士的销售量超过了去年的买入量。下图显示了去年的内幕交易（公司和个人）。如果你想确切地知道谁卖了、卖了多少以及何时出售，只需点击下图！
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
如果你喜欢买内部人士买入而不是卖出的股票，那么你可能会喜欢这份免费的公司名单。（提示：业内人士一直在购买它们）。
U.S. Physical Therapy Insiders Are Selling The Stock
美国物理疗法内部人士正在出售该股票
Over the last three months, we've seen significant insider selling at U.S. Physical Therapy. Specifically, insiders ditched US$1.2m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.
在过去的三个月中，我们看到了美国物理疗法的大量内幕抛售。具体而言，内部人士在那段时间抛售了价值120万美元的股票，我们没有记录任何购买记录。总的来说，这使我们有点谨慎，但这并不是万能的。
Insider Ownership Of U.S. Physical Therapy
美国物理疗法的内部所有权
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. U.S. Physical Therapy insiders own about US$26m worth of shares. That equates to 1.8% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
查看公司的内部持股总量可以帮助你了解他们是否与普通股股东保持一致。我们通常希望看到相当高的内部所有权水平。美国物理疗法内部人士拥有价值约2600万美元的股票。这相当于该公司的1.8％。当然，我们在其他地方看到了更高的内部所有权水平，但这些持股足以表明内部人士与其他股东之间的一致性。
What Might The Insider Transactions At U.S. Physical Therapy Tell Us?
美国物理疗法的内幕交易可能告诉我们什么？
Insiders sold U.S. Physical Therapy shares recently, but they didn't buy any. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 5 warning signs for U.S. Physical Therapy you should know about.
内部人士最近出售了美国物理疗法股票，但他们没有买入任何股票。而且，我们对内幕交易的长期分析也没有带来信心。尽管内部人士确实拥有股票，但他们并不拥有大量股票，他们一直在抛售。因此，我们只有在仔细考虑后才会购买。因此，虽然了解内部人士在买入或卖出方面的所作所为很有帮助，但了解特定公司面临的风险也很有帮助。每家公司都有风险，我们发现了5个你应该知道的美国物理疗法警告信号。
But note: U.S. Physical Therapy 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：美国物理疗法可能不是最好的买入股票。因此，来看看这份投资回报率高、债务低的有趣公司的免费清单。
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。
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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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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。