Reed's, Inc. insider trading
Every open-market purchase and sale by Reed's, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Reed's, Inc.’s insiders pay?
From October 15, 2012 to November 18, 2024, 14 insiders reported 45 open-market purchases and 12 sales not made under a pre-set plan in Reed's, Inc. Twelve months after each purchase was reported, the shares were −49.2% against the S&P 500 on average (median −46.5%), over 6 purchases with a full year of prices; 0% 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 October 16, 2012 into $4,086 by November 2, 2026, −6.2% a year. It held shares 22% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $21,756 (+5.7% a year), and held throughout $66,079 (+14.4%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Bello John | Interim CEO | 17 | — | — | 0 | — | November 29, 2023 |
| Reed Christopher J | CIO | 3 | — | — | 9 | — | July 22, 2019 |
| Cohane Neal | Chief Sales Officer | 5 | −47.2% (1) | 0% | 0 | — | June 4, 2019 |
| Miles Daniel V. | Chief Fiancial Officer | 5 | — | — | 0 | — | September 27, 2016 |
| Bass James C | Director | 3 | — | — | 0 | — | October 29, 2019 |
| Linesch James | Chief Financial Officer | 3 | −47.9% (3) | 0% | 0 | — | January 28, 2014 |
| Doherty Daniel Joseph III | Director | 0 | — | — | 2 | — | June 4, 2019 |
| Foucaut Thierry R | Chief Operating Officer | 2 | −52.3% (2) | 0% | 0 | — | January 7, 2014 |
| Snyder Norman E. JR. | Chief Executive Officer | 2 | — | — | 0 | — | October 1, 2021 |
| Zaltzman Leon Michael | 10% owner | 1 | — | — | 1 | — | November 18, 2024 |
| D&d Source Of Life Holding Ltd. | Director | 1 | — | — | 0 | — | September 13, 2024 |
| Imbrogno Louis JR. | Director | 1 | — | — | 0 | — | October 29, 2019 |
| Iris Snyder | CFO | 1 | — | — | 0 | — | October 29, 2019 |
| Raptor/harbor Reeds Spv LLC | 10% owner | 1 | — | — | 0 | — | December 28, 2017 |
When several insiders traded Reed's, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Reed's, 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 −51.1% 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 |
|---|---|---|---|---|
| January 31, 2014 | 2 buying | −33.2% | −40.4% | −42.3% |
| October 31, 2012 | 2 buying | −30.1% | −61.8% | −42.1% |