Patricia Childress

Patricia Childress discloses dealings in Sierra Bancorp to SEC (Form 4). In total, 18 filings cover trades dated from 2 April 2008 to 28 March 2013.

In open-market terms, that means 4 purchases worth €69k on one side and 10 sales worth €317k on the other. On balance, insiders were net sellers of €248k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. So far in 2013, the count stands at no purchases and 10 sales.

In size, the median ticket on the buying side is €17k. For 4 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 0% of cases, with a median move of -23.7%. These figures describe past trades and do not predict future prices.

The latest filing, published on 16 April 2013, reports an open-market sale of €50k in Sierra Bancorp. The clock since the last published purchase (8 April 2008) now reads 6,789 days. Typically, a trade is published a median of 20 days after it takes place. US insiders must file a Form 4 within two business days of a trade. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.