undamentalytics Newsletter

Grace Patrick P: insider trades

Director at Chemed Corp. No open-market purchases and 20 sales not made under a pre-set plan, reported from May 25, 2011 to August 3, 2026.

What happened after Grace Patrick P’s sales?

After their sales, the shares moved +10.0% against the index over 12 months on average (a negative figure means selling was the right call); 33% 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

Grace Patrick P: 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 20 +1.6% +0.2% 45% 15 0.11 0.91 No reliable evidence
Sales, 12 months after the report 18 +10.0% +9.2% 33% 14 0.63 0.54 No reliable evidence
Sales, 12 months after the trade 18 +9.7% +9.3% 33% 14 0.59 0.56 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
Chemed Corp CHE —020May 25, 2011August 3, 2026

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
August 3, 2026July 31, 2026 CHE Sale $101,080 +2.4%not yetnot yet
May 8, 2026May 8, 2026 CHE Sale $25,547 +23.1%not yetnot yet
September 10, 2025September 9, 2025 CHE Sale $69,508 −11.8%−4.1%−6.1%
June 13, 2024June 12, 2024 CHE Sale $153,638 +3.5%−9.8%−10.3%
May 30, 2023May 26, 2023 CHE Sale $160,007 −11.9%−23.9%−27.1%
June 13, 2022June 10, 2022 CHE Sale $121,953 +0.2%+1.0%+3.2%
November 5, 2021November 5, 2021 CHE Sale $137,904 −1.2%+15.3%+15.5%
June 22, 2020June 18, 2020 CHE Sale $684,267 +0.2%−31.0%−30.9%
August 7, 2019August 7, 2019 CHE Sale $106,766 −8.3%+4.0%+2.4%
June 22, 2018June 22, 2018 CHE Sale $80,940 −9.6%+0.5%+2.1%
October 2, 2017October 2, 2017 CHE Sale $100,740 +14.5%+40.4%+39.9%
November 28, 2016November 28, 2016 CHE Sale $59,412 +12.4%+43.2%+42.1%
August 24, 2015August 21, 2015 CHE Sale $63,495 −0.2%−22.1%−19.3%
December 17, 2014December 16, 2014 CHE Sale $26,900 +13.0%+40.6%+33.9%
November 5, 2014November 3, 2014 CHE Sale $41,792 −2.4%+43.5%+44.5%
July 28, 2014July 28, 2014 CHE Sale $23,363 +0.9%+34.4%+34.7%
November 20, 2013November 20, 2013 CHE Sale $19,075 +5.5%+23.2%+25.1%
August 28, 2013August 28, 2013 CHE Sale $28,728 −0.5%+26.4%+24.1%
May 21, 2013May 13, 2013 CHE Sale $57,455 +6.9%+14.4%+18.3%
May 25, 2011May 24, 2011 CHE Sale $237,924 −4.6%−16.5%−17.2%

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 Grace Patrick P traded and do not suggest the use of non-public information. How every insider compares · the insider trading backtest.