undamentalytics Newsletter

Poindexter Philip: insider trades

Officer at Stock Yards Bancorp, Inc. No open-market purchases and 14 sales not made under a pre-set plan, reported from November 25, 2013 to May 21, 2026.

What happened after Poindexter Philip’s sales?

After their sales, the shares moved −2.1% against the index over 12 months on average (a negative figure means selling was the right call); 62% 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

Poindexter Philip: 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 14 +3.8% +5.3% 36% 11 1.05 0.32 No reliable evidence
Sales, 12 months after the report 13 −2.1% −7.3% 62% 10 −0.54 0.60 No reliable evidence
Sales, 12 months after the trade 13 −2.6% −5.9% 62% 10 −0.49 0.63 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
Stock Yards Bancorp, Inc. SYBT President014November 25, 2013May 21, 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
May 21, 2026May 21, 2026 SYBT Sale $86,300 +12.7%not yetnot yet
November 22, 2024November 22, 2024 SYBT Sale $258,305 −5.3%−28.8%−27.2%
August 5, 2024August 5, 2024 SYBT Sale $157,584 +7.6%+11.2%+8.2%
June 28, 2022June 27, 2022 SYBT Sale $190,500 +20.1%−40.4%−36.2%
August 23, 2021August 20, 2021 SYBT Sale $192,483 +20.4%+40.8%+42.5%
August 13, 2020August 13, 2020 SYBT Sale $201,244 −11.5%−13.2%−12.0%
September 17, 2019September 16, 2019 SYBT Sale $93,632 +5.5%−8.8%−8.1%
August 17, 2017August 16, 2017 SYBT Sale $29,971 +2.9%−7.3%−5.9%
November 28, 2016November 23, 2016 SYBT Sale $138,758 −2.2%−19.7%−32.0%
June 22, 2016June 21, 2016 SYBT Sale $75,414 +12.9%+13.5%+13.7%
May 18, 2015May 18, 2015 SYBT Sale $60,829 +5.1%+22.9%+17.6%
April 30, 2015April 29, 2015 SYBT Sale $213,540 +6.9%+22.1%+15.8%
March 18, 2014March 17, 2014 SYBT Sale $293,800 −11.9%−4.4%−0.1%
November 25, 2013November 22, 2013 SYBT Sale $109,094 −10.5%−14.7%−10.5%

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