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Berthelot Michael J: insider trades

Director at DEL Monte Corp. No open-market purchases and 29 sales not made under a pre-set plan, reported from March 15, 2011 to November 5, 2025.

What happened after Berthelot Michael J’s sales?

After their sales, the shares moved −8.6% against the index over 12 months on average (a negative figure means selling was the right call); 71% trailed it.

With 296 insiders tested, some will look skilled or unskilled by chance alone: when we replaced each insider’s stocks with random companies bought on the same days, about 5.7 cleared the bar ahead and 23.3 behind. One record on its own proves little.

Trade by trade

MeasuredTrades countedAverage vs S&P 500MedianWent the right wayYearst-statisticp-valueEvidence
Purchases, 3 months after the report 0 — — — — — — Not enough years
Purchases, 6 months after the report 0 — — — — — — Not enough years
Purchases, 12 months after the report 0 — — — — — — Not enough years
Purchases, 12 months after the trade 0 — — — — — — Not enough years
Sales, 3 months after the report 29 −1.4% +0.5% 48% 14 −0.90 0.38 No reliable evidence
Sales, 12 months after the report 28 −8.6% −16.3% 71% 14 −1.72 0.11 No reliable evidence
Sales, 12 months after the trade 28 −7.9% −12.1% 71% 14 −1.43 0.18 No reliable evidence

“Average vs S&P 500” is the stock’s return including dividends minus the index’s over the same dates, from the close on the first trading day after the report, or from the close on the trade date. Only windows that have finished are counted. For sales, a negative figure means the stock lagged after it was sold, so selling was the right call (green). “Went the right way” is the share of purchases that beat the index, or of sales that trailed it. The t-statistic uses one average per year of reports, because one person’s trades bunch into the same stock and weeks, and needs trades in at least four different years; the p-value comes from the t distribution with that number of years (with four years, a t of 2 has p = 0.14). “Some evidence” means p under 5%, “strong evidence” p under 1% over at least six years.

Companies traded

CompanyTitle on the latest filingPurchasesSalesFirst reportLatest report
DEL Monte Corp DMC —029March 15, 2011November 5, 2025

Trades and what followed

Moves are against the S&P 500; green means the trade went the insider’s way.

ReportedTradedCompanyTradeValue3 months after report12 months after report12 months after trade
November 5, 2025November 3, 2025 DMC Sale $215,100 +1.8%not yetnot yet
March 7, 2025March 6, 2025 DMC Sale $90,480 +0.5%+16.5%+23.5%
November 8, 2024November 6, 2024 DMC Sale $112,068 −12.3%−5.0%−2.4%
September 11, 2024September 9, 2024 DMC Sale $14,608 +11.1%+9.9%+8.1%
May 23, 2024May 22, 2024 DMC Sale $137,112 +18.9%+42.0%+38.5%
August 9, 2023August 7, 2023 DMC Sale $170,820 −12.3%−20.5%−15.9%
November 10, 2022November 8, 2022 DMC Sale $39,144 −2.7%−25.3%−28.8%
June 1, 2022May 27, 2022 DMC Sale $126,550 +11.7%+0.5%+4.0%
August 20, 2021August 18, 2021 DMC Sale $57,276 −20.4%−2.8%−4.1%
May 19, 2021May 17, 2021 DMC Sale $116,544 −16.2%−23.3%−27.5%
April 6, 2021March 31, 2021 DMC Sale $12,965 +5.8%−20.3%−24.8%
March 12, 2021March 10, 2021 DMC Sale $35,162 +6.8%−22.7%−22.8%
February 27, 2020February 25, 2020 DMC Sale $18,450 −12.0%−38.5%−39.1%
May 21, 2019May 17, 2019 DMC Sale $64,820 −3.8%−18.5%−25.3%
March 20, 2018March 19, 2018 DMC Sale $62,657 −5.4%−46.6%−47.9%
August 24, 2017August 22, 2017 DMC Sale $48,058 −8.9%−37.6%−36.4%
May 23, 2016May 10, 2016 DMC Sale $310,312 +5.5%−16.9%−8.6%
February 29, 2016February 26, 2016 DMC Sale $65,560 +21.9%+19.9%+21.3%
August 28, 2015August 27, 2015 DMC Sale $61,363 +4.6%+35.8%+39.2%
March 2, 2015February 26, 2015 DMC Sale $211,800 +5.7%+22.6%+20.0%
August 6, 2014August 4, 2014 DMC Sale $55,980 +2.1%+14.2%+21.8%
March 14, 2013March 12, 2013 DMC Sale $114,068 −3.7%−18.3%−18.7%
December 5, 2011December 1, 2011 DMC Sale $25,170 −20.1%−9.4%−10.3%
November 15, 2011November 11, 2011 DMC Sale $26,040 −18.1%−15.6%−12.8%
November 8, 2011November 4, 2011 DMC Sale $50,500 −11.6%−13.2%−11.4%
May 19, 2011May 17, 2011 DMC Sale $162,000 −1.4%−10.7%−7.0%
April 1, 2011March 30, 2011 DMC Sale $126,105 +1.0%−20.2%−18.8%
March 29, 2011March 25, 2011 DMC Sale $37,958 +3.8%−18.8%−20.5%
March 15, 2011March 11, 2011 DMC Sale $151,500 +5.9%−18.7%−15.4%

Open-market purchases and sales of at least $10,000 in companies we cover, from SEC Form 4 filings; sales made under a pre-set Rule 10b5-1 plan are not shown. “Not yet” means the window has not finished or the share price was under $5 at entry. These are the shares’ moves after each trade: they say nothing about why Berthelot Michael J traded and do not suggest the use of non-public information. How every insider compares · the insider trading backtest.