undamentalytics Newsletter

Ae Industrial Partners Fund II, LP: insider trades

Director at 2 companies we cover. No open-market purchases and 10 sales not made under a pre-set plan, reported from May 12, 2023 to April 10, 2026.

What happened after Ae Industrial Partners Fund II, LP’s sales?

After their sales, the shares moved +125.4% against the index over 12 months on average (a negative figure means selling was the right call); 0% 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

Ae Industrial Partners Fund II, LP: 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 2 +1.4% +1.4% 50% 2 — — Not enough years
Sales, 12 months after the report 1 +125.4% +125.4% 0% 1 — — Not enough years
Sales, 12 months after the trade 1 +140.9% +140.9% 0% 1 — — Not enough years

“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
Bigbear.ai Holdings, Inc. BBAI —05May 12, 2023March 4, 2025
Redwire Corp RDW —05June 6, 2023April 10, 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
April 10, 2026April 8, 2026 RDW Sale $9,229,070 −12.4%not yetnot yet
March 4, 2025March 3, 2025 BBAI Sale $47,187,658 not yetnot yetnot yet
November 7, 2024November 5, 2024 BBAI Sale $1,520,991 not yetnot yetnot yet
July 18, 2024July 16, 2024 RDW Sale $1,156,634 +15.1%+125.4%+140.9%
March 19, 2024March 15, 2024 BBAI Sale $6,080,811 not yetnot yetnot yet
September 19, 2023September 15, 2023 RDW Sale $227,507 not yetnot yetnot yet
June 8, 2023June 6, 2023 RDW Sale $101,284 not yetnot yetnot yet
June 6, 2023June 2, 2023 RDW Sale $59,359 not yetnot yetnot yet
May 31, 2023May 26, 2023 BBAI Sale $2,695,854 not yetnot yetnot yet
May 12, 2023May 10, 2023 BBAI Sale $4,516,035 not yetnot yetnot yet

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 Ae Industrial Partners Fund II, LP traded and do not suggest the use of non-public information. How every insider compares · the insider trading backtest.