undamentalytics Newsletter

Brightspire Capital, Inc. insider trading

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

No open-market insider trades reported in the last five years.

Does following Brightspire Capital, Inc.’s insiders pay?

From November 13, 2019 to March 29, 2024, 8 insiders reported 13 open-market purchases and 3 sales not made under a pre-set plan in Brightspire Capital, Inc. Twelve months after each purchase was reported, the shares were −12.1% against the S&P 500 on average (median −21.4%), over 12 purchases with a full year of prices; 42% beat the index. After sales, the shares moved −8.7% 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 November 14, 2019 into $8,212 by November 2, 2026, −2.8% a year. It held shares 52% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $17,512 (+8.4% a year), and held throughout $27,009 (+15.4%).

$0$10.0k$20.0k$30.0k 20192020202120222023202420252026 $27.0k$17.5k$8.2k
Copying Brightspire Capital, Inc.'s insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by Brightspire Capital, Inc.'s insiders from November 14, 2019, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 52% of the time.
Brightspire Capital, Inc.: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Palame David A See Remarks 5 +2.1% (4) 50% 1 −14.0% (1) March 29, 2024
Mazzei Michael CEO 2 −14.1% (2) 50% 0 — May 9, 2022
Saracino Frank V See Remarks 2 −14.1% (2) 50% 0 — May 9, 2022
Witt Andrew Elmore See Remarks 2 −8.6% (2) 50% 0 — June 16, 2022
Digitalbridge Group, Inc. 10% owner 0 — — 1 +5.9% (1) August 17, 2021
Digitalbridge Operating Company, LLC 10% owner 0 — — 1 −18.1% (1) March 3, 2023
Rice Catherine Director 1 −21.4% (1) 0% 0 — June 16, 2022
Traenkle Kevin P. CEO AND PRESIDENT 1 −58.9% (1) 0% 0 — November 13, 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 Brightspire Capital, Inc.

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Brightspire Capital, 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 2 buying crowds with six months of prices, it averaged −9.4% against the index. 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
May 31, 20223 buying+1.7%−13.5%−27.3%
August 31, 20214 buying−6.3%−5.4%+2.2%

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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