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Olsen Donald B.: insider trades

Officer at Cricut, Inc. No open-market purchases and 13 sales not made under a pre-set plan, reported from April 30, 2021 to November 26, 2024.

What happened after Olsen Donald B.’s sales?

After their sales, the shares moved −27.7% against the index over 12 months on average (a negative figure means selling was the right call); 92% 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

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 −8.3% −14.0% 62% 4 −1.31 0.28 No reliable evidence
Sales, 12 months after the report 13 −27.7% −30.7% 92% 4 −1.79 0.17 No reliable evidence
Sales, 12 months after the trade 13 −31.0% −26.1% 85% 4 −2.33 0.10 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
Cricut, Inc. CRCT EVP, General Counsel & Sec.013April 30, 2021November 26, 2024

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
November 26, 2024November 25, 2024 CRCT Sale $156,900 +6.2%−6.1%−11.4%
August 30, 2024August 29, 2024 CRCT Sale $229,600 −16.2%−2.0%+2.0%
May 17, 2024May 15, 2024 CRCT Sale $82,617 −14.0%−10.7%−18.2%
May 13, 2024May 10, 2024 CRCT Sale $176,250 −17.7%−21.0%−15.6%
November 30, 2023November 28, 2023 CRCT Sale $104,400 −44.1%−48.8%−52.0%
August 31, 2023August 30, 2023 CRCT Sale $191,400 −27.5%−56.9%−60.4%
May 30, 2023May 26, 2023 CRCT Sale $134,250 +1.7%−56.5%−52.5%
December 2, 2022November 30, 2022 CRCT Sale $39,800 +3.8%−30.7%−15.6%
November 17, 2022November 15, 2022 CRCT Sale $143,700 +26.8%−16.0%−26.1%
June 2, 2022May 31, 2022 CRCT Sale $61,120 −10.5%+67.1%+23.4%
November 29, 2021November 24, 2021 CRCT Sale $703,900 −31.8%−57.9%−52.4%
August 31, 2021August 27, 2021 CRCT Sale $796,325 −17.9%−67.2%−69.7%
April 30, 2021April 28, 2021 CRCT Sale $45,680 +33.0%−52.9%−54.4%

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