Robert Day

Robert Day is a declared insider at 3 companies; the most frequent names are Freeport-Mcmoran Inc, McMoran Exploration Co /DE/ and Liberty Energy Inc. The record holds 120 filings, for trades running from 1 May 2006 to 26 February 2019.

Both buying and selling appear: 25 purchases worth €84.2M, against 33 sales worth €132.9M. On balance, insiders were net sellers of €48.7M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 15 share grants and 28 option exercises. So far in 2019, the count stands at no purchases and 2 sales.

A typical purchase (the median) is worth €2.5M. For 10 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 100% of cases, with a median move of +21.2%. They describe history only and say nothing certain about the share price ahead.

On 28 February 2019 came the latest disclosure, a transaction in Liberty Energy Inc. The last purchase on record was published on 23 February 2010, which is 6,087 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. The legal deadline for a Form 4 is two business days after the transaction. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.