undamentalytics Newsletter

Titterton Paul F: insider trades

Officer at Gatx Corp. No open-market purchases and 13 sales not made under a pre-set plan, reported from April 30, 2014 to June 5, 2025.

What happened after Titterton Paul F’s sales?

After their sales, the shares moved −3.5% 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

Titterton Paul F: 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 13 −0.6% −3.4% 69% 9 −0.47 0.65 No reliable evidence
Sales, 12 months after the report 13 −3.5% −2.9% 62% 9 −1.46 0.18 No reliable evidence
Sales, 12 months after the trade 13 −4.4% −5.9% 62% 9 −1.70 0.13 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
Gatx Corp GATX EVP & Pres. Rail NA013April 30, 2014June 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
June 5, 2025June 3, 2025 GATX Sale $2,929,588 −1.2%−11.3%−16.6%
May 21, 2024May 21, 2024 GATX Sale $1,254,330 −4.3%−4.3%−6.3%
June 1, 2023May 31, 2023 GATX Sale $970,717 −8.9%−15.8%−9.8%
November 16, 2022November 14, 2022 GATX Sale $958,056 −3.8%−14.1%−11.7%
March 9, 2021March 8, 2021 GATX Sale $223,426 −10.0%+8.9%+8.8%
February 26, 2021February 24, 2021 GATX Sale $228,759 −7.9%−2.9%−2.7%
February 3, 2021February 1, 2021 GATX Sale $896,290 0.0%−2.7%−5.9%
November 12, 2020November 11, 2020 GATX Sale $83,680 +13.0%+0.3%+2.6%
November 3, 2020October 30, 2020 GATX Sale $292,355 +24.6%+8.9%+1.9%
February 1, 2018January 31, 2018 GATX Sale $442,599 +4.4%+11.9%+10.9%
June 6, 2017June 5, 2017 GATX Sale $175,363 −1.4%+8.4%+6.9%
January 25, 2017January 24, 2017 GATX Sale $188,810 −3.4%−4.9%−6.9%
April 30, 2014April 28, 2014 GATX Sale $141,747 −8.9%−28.4%−28.9%

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