Louis Francisco Cimino

Louis Francisco Cimino discloses dealings in Reaves Utility Income Fund to SEC (Form 4). Over a trading history stretching from 16 August 2012 to 10 September 2020, the count stands at 17 filings.

On the market, this insider has only ever bought: 17 purchases, €294k in total. Unlike grants, an open-market purchase is paid for by the insider, at the market price. In 2020 alone, the filings show 3 purchases and no sales.

Half of the purchases are above €6,031 and half below. Of 13 purchases, 2 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. For 17 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 59% of cases, with a median move of +2.4%. This is a record of the past, not a forecast.

Most recently, on 11 September 2020, the filings show an open-market purchase worth €27k in Reaves Utility Income Fund. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. US insiders must file a Form 4 within two business days of a trade. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.