Derek Hardy

All filings by Derek Hardy on record concern Naked Wines plc. In total, 4 filings cover trades dated from 7 July 2016 to 6 July 2018.

Both buying and selling appear: 3 purchases worth €27k, against 1 sale worth €189k. Sales outweigh purchases by €162k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. In 2018 alone, the filings show no purchases and 1 sale.

Half of the purchases are above €12k and half below. On 1 out of 3 purchases, another insider of the same company was buying within the same 30 days. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. For 3 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 33% of cases, with a median move of -24.5%. They describe history only and say nothing certain about the share price ahead.

On 6 July 2018 came the latest disclosure, an open-market sale for €189k in Naked Wines plc. The latest purchase dates back some time: it was published 3,638 days ago, on 23 November 2016. Typically, a trade is published a median of 6 days after it takes place. The legal deadline for notifying a trade is three business days (UK MAR). These figures are compiled from regulatory filings published by RNS (LSE). They describe what insiders did and are not a recommendation.