Acorn Energy, Inc. insider trading
Every open-market purchase and sale by Acorn Energy, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Acorn Energy, Inc.’s insiders pay?
From January 27, 2010 to May 17, 2023, 15 insiders reported 67 open-market purchases and 5 sales not made under a pre-set plan in Acorn Energy, Inc. Twelve months after each purchase was reported, the shares were −59.5% against the S&P 500 on average (median −79.6%), over 23 purchases with a full year of prices; 9% beat the index. After sales, the shares moved −19.9% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on January 28, 2010 into $4,403 by November 2, 2026, −4.8% a year. It held shares 26% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $24,976 (+5.6% a year), and held throughout $93,595 (+14.3%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Moore John A | President and CEO | 20 | −52.4% (10) | 10% | 1 | — | May 16, 2016 |
| Loeb Jan H | President and CEO | 13 | — | — | 0 | — | May 17, 2023 |
| Clouser Christopher E | Director | 8 | −52.2% (6) | 17% | 0 | — | May 17, 2016 |
| Jackson Mannie L | Director | 5 | −81.4% (3) | 0% | 1 | −80.1% (1) | June 9, 2014 |
| Rimer Richard S | Executive Vice President | 4 | −72.1% (4) | 0% | 0 | — | August 19, 2013 |
| Sassine Andy | Director | 4 | — | — | 0 | — | June 6, 2014 |
| Cogdell Joe B. JR. | VP, General Counsel, Secretary | 3 | — | — | 0 | — | December 21, 2010 |
| Woolard Edgar S Jr | Director | 3 | — | — | 0 | — | August 31, 2016 |
| Giacco Richard | Director | 2 | — | — | 0 | — | May 28, 2010 |
| Maounis Nicholas Matthew | 10% owner | 0 | — | — | 2 | — | February 19, 2014 |
| Zentman Samuel M | Director | 2 | — | — | 0 | — | December 21, 2010 |
| Andersen James | President and CEO of USSI | 1 | — | — | 0 | — | October 18, 2013 |
| Mohr Gary | Director | 1 | — | — | 0 | — | July 2, 2019 |
| Morgenstern George | Director | 1 | — | — | 0 | — | November 17, 2010 |
| Sela Benny | Other | 0 | — | — | 1 | +40.3% (1) | October 5, 2011 |
When several insiders traded Acorn Energy, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Acorn Energy, Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 4 buying crowds with six months of prices, it averaged −28.9% against the index. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| August 30, 2013 | 3 buying | −47.5% | −59.0% | −95.2% |
| November 30, 2012 | 3 buying | −27.0% | −7.4% | −85.5% |
| August 31, 2012 | 2 buying | −5.9% | −28.4% | −46.0% |
| March 30, 2012 | 3 buying | −20.4% | −20.7% | −52.3% |