Results: the wins and the misses
Every insider buy we track is graded 60 days after it is reported. Across 74 graded buys, 28% gained 5% or more, and the typical buy returned -0.2%. Against the S&P 500 over the same 60 days, the average buy trailed it by 4.0 percentage points.
By who bought
| Buys | Gained 5%+ | Typical return | vs S&P 500 | |
|---|---|---|---|---|
| Directors | 14 | 57% | 12.5% | +9.9% |
| 10% owners | 55 | 24% | -2.2% | -6.5% |
By size of the buy
| Buys | Gained 5%+ | Typical return | vs S&P 500 | |
|---|---|---|---|---|
| Buys of $250K to $1M | 22 | 41% | 2.2% | -1.4% |
| Buys of $50K to $250K | 37 | 27% | -2.8% | -3.9% |
| Smaller buys | 13 | 8% | -2.2% | -10.2% |
The worst misses
We show these on purpose. Insiders are often early, and sometimes wrong.
Not enough graded buys yet.
The best results
Not enough graded buys yet.
How we grade
Every buy is graded 60 days after the SEC report. A hit is the stock closing 5%+ above its price on the report day. Alpha is that return minus what the S&P 500 (SPY) did over the same 60 days. Past results do not predict future ones.
TradeTrack shows public SEC filings for general information. It is not investment advice, an offer or a recommendation. Insiders buy and sell for many reasons, past results do not predict future results, and you can lose money.