undamentalytics Newsletter

Walker Ray N Jr: insider trades

Officer, Director at 2 companies we cover. No open-market purchases and 19 sales not made under a pre-set plan, reported from October 18, 2011 to May 11, 2026.

What happened after Walker Ray N Jr’s sales?

After their sales, the shares moved −24.6% against the index over 12 months on average (a negative figure means selling was the right call); 83% 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

Walker Ray N Jr: 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 19 −2.0% −7.5% 68% 9 −0.16 0.88 No reliable evidence
Sales, 12 months after the report 18 −24.6% −38.9% 83% 8 −0.37 0.72 No reliable evidence
Sales, 12 months after the trade 18 −23.4% −42.9% 83% 8 −0.16 0.88 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
Range Resources Corp RRC EVP and COO017October 18, 2011June 13, 2017
Solaris Energy Infrastructure, Inc. SEI —02November 12, 2024May 11, 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 11, 2026May 8, 2026 SEI Sale $4,098,805 −23.7%not yetnot yet
November 12, 2024November 7, 2024 SEI Sale $338,432 +67.9%+148.4%+193.4%
June 13, 2017June 9, 2017 RRC Sale $166,824 −24.2%−46.3%−46.4%
January 5, 2017January 3, 2017 RRC Sale $448,380 −17.8%−73.5%−67.6%
September 19, 2016September 19, 2016 RRC Sale $500,976 −13.4%−66.7%−68.1%
May 27, 2016May 25, 2016 RRC Sale $1,078,870 −11.2%−63.2%−62.5%
January 11, 2016January 8, 2016 RRC Sale $64,375 +54.5%+24.7%+7.0%
May 27, 2015May 26, 2015 RRC Sale $1,117,870 −29.2%−25.3%−28.0%
February 3, 2015February 2, 2015 RRC Sale $304,915 +22.0%−35.9%−39.4%
January 22, 2015January 20, 2015 RRC Sale $119,858 +22.5%−42.0%−48.1%
September 9, 2014September 5, 2014 RRC Sale $298,200 −29.2%−51.4%−49.0%
June 18, 2014June 17, 2014 RRC Sale $1,505,628 −21.8%−52.8%−50.0%
February 3, 2014January 30, 2014 RRC Sale $219,718 −3.9%−61.5%−59.2%
January 16, 2014January 15, 2014 RRC Sale $225,963 +10.9%−53.6%−53.7%
June 27, 2013June 26, 2013 RRC Sale $181,851 −5.8%−11.7%−15.0%
May 23, 2013May 21, 2013 RRC Sale $449,404 −1.3%0.0%+0.2%
January 15, 2013January 14, 2013 RRC Sale $685,081 +6.2%−2.2%−0.4%
September 13, 2012September 12, 2012 RRC Sale $315,497 −7.5%−6.2%−9.2%
October 18, 2011October 17, 2011 RRC Sale $820,173 −33.8%−23.8%−25.8%

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 Walker Ray N Jr traded and do not suggest the use of non-public information. How every insider compares · the insider trading backtest.