undamentalytics Newsletter

Baker Hughes insider trading

Every open-market purchase and sale by Baker Hughes's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

No insider has bought shares on the open market in five years.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
Baker Hughes insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following Baker Hughes’s insiders pay?

From August 2, 2017 to February 5, 2026, 18 insiders reported 15 open-market purchases and 30 sales not made under a pre-set plan in Baker Hughes. Twelve months after each purchase was reported, the shares were −7.5% against the S&P 500 on average (median −16.0%), over 15 purchases with a full year of prices; 40% beat the index. After sales, the shares moved +1.9% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. 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 August 3, 2017 into $22,634 by November 2, 2026, +9.3% a year. It held shares 55% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $32,532 (+13.7% a year), and held throughout $35,332 (+14.7%).

$0$10.0k$20.0k$30.0k 20172019202120232025 $35.3k$32.5k$22.6k
Copying Baker Hughes's insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by Baker Hughes's insiders from August 3, 2017, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 55% of the time.
Baker Hughes: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
General Electric Co 10% owner 0 — — 9 +16.5% (9) May 9, 2022
Camilleri Kurt SVP/Controller/Chief Acctg Off 0 — — 5 −2.7% (5) April 25, 2022
Simonelli Lorenzo Chairman, President and CEO 5 +2.2% (5) 60% 0 — September 2, 2020
Beattie William G Director 2 +8.3% (2) 50% 2 −6.5% (1) February 5, 2026
Worrell Brian Chief Financial Officer 2 +2.0% (2) 50% 1 +12.2% (1) February 16, 2022
Cazalot Clarence P Jr Director 1 −59.9% (1) 0% 1 −59.9% (1) October 10, 2019
Heilmann Matthias L Chief Digital Officer 1 −20.2% (1) 0% 1 −34.7% (1) August 7, 2018
Qasem Rami EVP, Digital Solutions 0 — — 2 +5.3% (2) November 14, 2022
Rice John G Director 2 −27.1% (2) 0% 0 — August 16, 2019
Saunders Neil EVP, Oilfield Equipment 0 — — 2 +7.4% (2) November 9, 2022
Ukpong Uwem EVP, Regions and Alliances 0 — — 2 −2.6% (2) February 1, 2022
Borras Maria C Pres & CEO, Oilfield Services 0 — — 1 −41.1% (1) May 11, 2018
Brenneman Gregory D Director 0 — — 1 −4.5% (1) November 14, 2022
Dumais Michael R Director 1 +28.9% (1) 100% 0 — July 25, 2022
Ebel Gregory L Director 1 −38.3% (1) 0% 0 — August 16, 2019
Fiorentino Michele EVP, Strategy & Business Dev 0 — — 1 +28.9% (1) February 1, 2022
Jones Regina Chief Legal Officer 0 — — 1 +31.4% (1) February 3, 2022
Marsh William D Chief Legal Officer 0 — — 1 −24.4% (1) November 22, 2019

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded Baker Hughes

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Baker Hughes 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 3 buying crowds with six months of prices, it averaged −26.3% against the index. After 3 selling crowds, −8.8%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
November 30, 20223 selling+12.3%−2.6%+4.9%
February 28, 20227 selling+31.8%−2.5%+16.6%
February 28, 20203 buying+0.5%−25.2%+28.0%
November 29, 20193 selling−21.7%−21.2%−30.3%
August 30, 20193 buying−3.8%−26.2%−53.4%
August 31, 20173 buying−19.4%−27.5%−20.1%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Total returns from the month end; past patterns are not a forecast.

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