Innovate Corp. insider trading
Every open-market purchase and sale by Innovate Corp.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Innovate Corp.’s insiders pay?
From January 28, 2011 to November 21, 2024, 19 insiders reported 45 open-market purchases and 22 sales not made under a pre-set plan in Innovate Corp. Twelve months after each purchase was reported, the shares were −31.2% against the S&P 500 on average (median −31.2%), over 1 purchase 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 May 23, 2011 into $10,371 by November 2, 2026, +0.2% a year. It held shares 27% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $17,260 (+3.6% a year), and held throughout $75,139 (+14.0%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Glazer Avram A | Director | 15 | — | — | 0 | — | May 10, 2022 |
| Singer Karen | Other | 8 | — | — | 1 | — | January 7, 2014 |
| Sena Michael J. | CFO and Corporate Secretary | 3 | — | — | 3 | — | March 18, 2024 |
| Falcone Philip | CEO, Chairman & President | 4 | — | — | 0 | — | March 19, 2019 |
| Ferraro Joseph Anthony | Chief Legal Officer & Corp Sec | 1 | — | — | 3 | — | March 18, 2022 |
| Herbst Suzi R | Chief Operating Officer | 1 | — | — | 3 | — | March 18, 2022 |
| Voigt Paul | Interim CEO | 4 | −31.2% (1) | 0% | 0 | — | November 21, 2024 |
| Barr Wayne Jr | President and CEO | 3 | — | — | 0 | — | May 12, 2021 |
| Hrg Group, Inc. | 10% owner | 1 | — | — | 2 | — | October 15, 2015 |
| Morgens Waterfall Vintiadis & Co Inc | Other | 0 | — | — | 3 | — | March 1, 2011 |
| Courtis Kenneth S. | Director | 2 | — | — | 0 | — | June 9, 2020 |
| Dg Capital Management, LLC | 10% owner | 0 | — | — | 2 | — | April 2, 2015 |
| Hudson Bay Capital Management LP | 10% owner | 0 | — | — | 2 | — | October 19, 2015 |
| Gertzulin Dov | 10% owner | 0 | — | — | 1 | — | April 6, 2015 |
| Gfeller Warren H | Director | 1 | — | — | 0 | — | November 15, 2016 |
| Goldstein Brian Steven | Director | 1 | — | — | 0 | — | September 13, 2022 |
| Gorzynski Michael | Director | 1 | — | — | 0 | — | June 17, 2020 |
| Leffler Robert V Jr | Director | 0 | — | — | 1 | — | November 14, 2017 |
| Lombard Shelly | Director | 0 | — | — | 1 | — | June 16, 2022 |