J. Richard Atwood

J. Richard Atwood has filed trades across 3 companies (mainly through SEC (Form 4)), most often in Esterline Technologies Corp, Nexeo Solutions, Inc. and Source Capital Inc. We count 75 filings; the first trade dates from 26 October 2017 and the latest from 30 September 2020.

On the open market, the record shows 5 purchases worth €194k and 63 sales worth €21.3M. Taken together, the sales exceed the purchases by €21.2M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. 2020 to date brings 5 purchases and no sales.

A typical purchase (the median) is worth €34k. Of 5 purchases, 5 formed part of a group of insiders buying within 30 days of each other. Purchases made close together by different insiders form what is called a cluster. After 5 purchases with a full 90-day history, the hit rate stands at 100% and the median 90-day move at +7.7%. This is a record of the past, not a forecast.

The latest filing, published on 1 October 2020, reports an open-market purchase of €64k in Source Capital Inc. Typically, a trade is published a median of 3 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.