Richard P. Dutkiewicz

Richard P. Dutkiewicz is a declared insider at 3 companies; the most frequent names are New World Restaurant Group Inc, Oaktree Specialty Lending Corp and Fifth Street Senior Floating Rate Corp. In total, 69 filings cover trades dated from 30 December 2005 to 13 February 2017.

On the open market, the record shows 18 purchases worth €158k and 47 sales worth €152k. On balance, insiders were net buyers of €6,383. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 3 option exercises. 2017 to date brings 2 purchases and no sales.

Half of the purchases are above €7,511 and half below. Clusters matter here: 2 out of 3 purchases overlapped with buying by a colleague within 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. After 10 purchases with a full 90-day history, the hit rate stands at 40% and the median 90-day move at -4.3%. They describe history only and say nothing certain about the share price ahead.

On 13 February 2017 came the latest disclosure, an open-market purchase for €17k in Oaktree Specialty Lending Corp. Typically, a trade is published a median of 1 day after it takes place. Section 16 rules allow two business days to file each Form 4. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.