Nortech Systems Inc insider trading
Every open-market purchase and sale by Nortech Systems Inc's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Nortech Systems Inc’s insiders pay?
From March 14, 2013 to March 21, 2023, 3 insiders reported 22 open-market purchases and 0 sales not made under a pre-set plan in Nortech Systems Inc. Twelve months after each purchase was reported, the shares were +35.2% against the S&P 500 on average (median +42.7%), over 16 purchases with a full year of prices; 88% beat the index. 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 December 24, 2020 into $26,576 by November 2, 2026, +18.3% a year. It held shares 55% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $16,587 (+9.1% a year), and held throughout $22,133 (+14.6%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Kunin David B | Director | 13 | +36.0% (10) | 90% | 0 | — | March 21, 2023 |
| Jones Christopher Dean | CFO | 6 | +33.8% (6) | 83% | 0 | — | March 30, 2022 |
| Wasielewski Richard G | Chief Executive Officer | 3 | — | — | 0 | — | May 24, 2016 |
When several insiders traded Nortech Systems Inc
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Nortech Systems 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 1 buying crowd with six months of prices, it averaged +20.8% 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 |
|---|---|---|---|---|
| March 31, 2022 | 2 buying | +43.5% | +20.8% | +8.4% |