Flyte Aviation, Inc. insider trading
Every open-market purchase and sale by Flyte Aviation, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Flyte Aviation, Inc.’s insiders pay?
From April 15, 2019 to November 24, 2021, 11 insiders reported 5 open-market purchases and 10 sales not made under a pre-set plan in Flyte Aviation, Inc. Twelve months after each purchase was reported, the shares were −92.0% against the S&P 500 on average (median −92.4%), over 3 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 November 20, 2020 into $4,907 by November 2, 2026, −11.3% a year. It held shares 17% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $16,345 (+8.7% a year), and held throughout $23,083 (+15.2%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Burstein Martin | 10% owner | 0 | — | — | 2 | — | December 18, 2019 |
| Dean Irwin & Melissa Burstein, As Trustees U/t/a June 12, 2017 | See Remarks | 0 | — | — | 2 | — | July 22, 2019 |
| Enquist William R | Director | 2 | −91.2% (1) | 0% | 0 | — | November 23, 2020 |
| Kraws Jeffrey J | Co-President | 0 | — | — | 2 | — | July 23, 2019 |
| Colombatto Martin J | Director | 1 | −92.4% (1) | 0% | 0 | — | November 19, 2020 |
| Irwin Dean | See Remarks | 0 | — | — | 1 | — | May 14, 2019 |
| Jackson Andrew C. | CFO | 0 | — | — | 1 | — | June 17, 2019 |
| Martin Burstein Living Trust Dated January 28, 2002 | 10% owner | 0 | — | — | 1 | — | December 16, 2019 |
| Mcguire Jonathan Will | Chief Executive Officer | 0 | — | — | 1 | — | November 24, 2021 |
| Mejia Richard Jr | Director | 1 | — | — | 0 | — | June 15, 2020 |
| Stafslien Joan | Director | 1 | −92.4% (1) | 0% | 0 | — | November 19, 2020 |
When several insiders traded Flyte Aviation, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Flyte Aviation, 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 −53.8% 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, 2020 | 3 buying | +14.1% | −53.8% | −89.7% |