undamentalytics Newsletter

Blazer Randolph C: insider trades

Officer at Everforth Inc. No open-market purchases and 24 sales not made under a pre-set plan, reported from September 21, 2012 to October 25, 2024.

What happened after Blazer Randolph C’s sales?

After their sales, the shares moved −5.7% against the index over 12 months on average (a negative figure means selling was the right call); 50% 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

Blazer Randolph C: trades against the S&P 500 afterwards
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 24 −3.3% −2.9% 63% 11 −0.70 0.50 No reliable evidence
Sales, 12 months after the report 24 −5.7% −1.2% 50% 11 −0.10 0.92 No reliable evidence
Sales, 12 months after the trade 24 −5.4% −1.3% 50% 11 −0.03 0.98 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
Everforth Inc EFOR President024September 21, 2012October 25, 2024

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
October 25, 2024October 25, 2024 EFOR Sale $950,300 −9.9%−71.8%−72.1%
August 23, 2024August 23, 2024 EFOR Sale $570,480 −12.9%−61.3%−61.0%
May 6, 2024May 6, 2024 EFOR Sale $588,000 −14.4%−54.2%−53.3%
February 12, 2024February 9, 2024 EFOR Sale $730,525 +2.4%−43.2%−40.0%
November 2, 2023November 2, 2023 EFOR Sale $726,273 −3.4%−26.1%−29.1%
November 2, 2021October 29, 2021 EFOR Sale $1,200,500 −2.9%−15.1%−14.5%
August 3, 2021July 30, 2021 EFOR Sale $1,010,600 +17.3%+7.3%+8.6%
February 16, 2021February 12, 2021 EFOR Sale $930,300 +0.8%+2.1%+2.6%
December 10, 2020December 8, 2020 EFOR Sale $538,534 +9.5%+20.5%+24.9%
November 20, 2020November 18, 2020 EFOR Sale $297,736 +7.3%+26.6%+19.1%
August 11, 2020August 7, 2020 EFOR Sale $705,700 +8.2%+12.5%+9.6%
June 5, 2020June 4, 2020 EFOR Sale $655,800 −6.4%+9.5%+14.8%
July 31, 2018July 27, 2018 EFOR Sale $905,700 −22.4%−40.1%−39.5%
February 28, 2018February 26, 2018 EFOR Sale $787,300 −1.6%−23.5%−18.8%
October 31, 2017October 27, 2017 EFOR Sale $596,700 +17.5%+7.7%+4.6%
June 12, 2017June 12, 2017 EFOR Sale $543,300 −11.8%+36.6%+33.7%
May 26, 2017May 25, 2017 EFOR Sale $529,900 −15.5%+35.0%+35.2%
November 16, 2016November 16, 2016 EFOR Sale $805,000 +9.4%+31.3%+30.9%
November 5, 2015November 5, 2015 EFOR Sale $463,700 −21.5%−29.0%−27.6%
February 25, 2015February 25, 2015 EFOR Sale $509,470 −3.0%−8.3%−11.0%
June 4, 2014May 30, 2014 EFOR Sale $1,451,650 −21.6%−4.5%−5.1%
May 29, 2014May 27, 2014 EFOR Sale $723,400 −21.1%−5.1%−8.0%
June 11, 2013June 7, 2013 EFOR Sale $1,696,786 +18.5%+13.3%+19.6%
September 21, 2012September 19, 2012 EFOR Sale $1,266,490 −2.8%+42.3%+46.8%

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 Blazer Randolph C traded and do not suggest the use of non-public information. How every insider compares · the insider trading backtest.