Robert J. Folkes

Robert J. Folkes (finance chief) discloses dealings in 2 companies, chiefly Tactile Systems Technology Inc and PetVivo Holdings, Inc. We count 155 filings; the first trade dates from 27 July 2016 and the latest from 9 September 2021.

Market trades split into 7 purchases (€50k) and 89 sales (€9.1M). On balance, insiders were net sellers of €9.1M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 15 share grants and 43 option exercises. 2021 to date brings 7 purchases and no sales.

A typical purchase (the median) is worth €6,114. On 6 out of 7 purchases, another insider of the same company was buying within the same 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. After 7 purchases with a full 90-day history, the hit rate stands at 86% and the median 90-day move at +24.8%. Past outcomes like these are no guarantee of what comes next.

On 10 September 2021 came the latest disclosure, a share grant in PetVivo Holdings, Inc. The clock since the last published purchase (7 September 2021) now reads 1,888 days. Typically, a trade is published a median of 2 days after it takes place. Section 16 rules allow two business days to file each Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.