TPG RE Finance Trust, Inc. insider trading
Every open-market purchase and sale by TPG RE Finance Trust, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following TPG RE Finance Trust, Inc.’s insiders pay?
From December 4, 2017 to May 10, 2024, 9 insiders reported 14 open-market purchases and 3 sales not made under a pre-set plan in TPG RE Finance Trust, Inc. Twelve months after each purchase was reported, the shares were +4.7% against the S&P 500 on average (median +5.1%), over 13 purchases with a full year of prices; 54% beat the index. After sales, the shares moved −13.0% 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 December 5, 2017 into $31,078 by November 2, 2026, +13.6% a year. It held shares 51% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $35,673 (+15.4% a year), and held throughout $32,989 (+14.4%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Guggenheim Greta | CEO & President | 4 | +3.0% (4) | 50% | 0 | — | March 16, 2020 |
| Smith Peter A. | Vice President | 4 | +4.3% (3) | 33% | 0 | — | March 20, 2020 |
| Coulter James G | 10% owner | 3 | +22.0% (3) | 100% | 0 | — | September 23, 2020 |
| Bonderman David | 10% owner | 1 | +21.5% (1) | 100% | 0 | — | September 18, 2020 |
| China Investment Corp | 10% owner | 0 | — | — | 1 | −7.3% (1) | August 19, 2021 |
| Flourish Investment Corp | 10% owner | 0 | — | — | 1 | −20.8% (1) | January 24, 2022 |
| Foley Robert | Chief Financial Officer | 1 | −27.6% (1) | 0% | 0 | — | November 23, 2022 |
| Ginsberg Deborah J. | See Remarks (3) | 1 | −23.9% (1) | 0% | 0 | — | November 17, 2022 |
| Starwood Capital Group Global II, L.P. and related entities | 10% owner | 0 | — | — | 1 | −11.1% (1) | May 10, 2024 |
When several insiders traded TPG RE Finance Trust, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of TPG RE Finance Trust, 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 +11.8% 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 |
|---|---|---|---|---|
| November 30, 2022 | 2 buying | +19.9% | −7.2% | −18.9% |
| September 30, 2020 | 2 buying | +17.2% | +21.6% | +29.5% |
| March 31, 2020 | 2 buying | +48.6% | +41.5% | +81.3% |
| December 31, 2018 | 2 buying | −5.1% | −8.8% | −10.3% |