Frederic Larroumets

Frederic Larroumets is a declared insider of Argan (senior executive), with filings sourced from AMF. Between 29 April 2021 and 20 March 2024, the trades on record add up to 24 filings.

Both buying and selling appear: 9 purchases worth €120k, against 14 sales worth €1.8M. Taken together, the sales exceed the purchases by €1.7M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. So far in 2024, the count stands at no purchases and 3 sales.

A typical purchase (the median) is worth €8,920. Clusters matter here: 1 out of 9 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. For 9 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 0% of cases, with a median move of -12.3%. These figures describe past trades and do not predict future prices.

The record was last updated on 26 March 2024 with an open-market sale (€140k) in Argan. The last purchase on record was published on 16 September 2022, which is 1,492 days ago. Typically, a trade is published a median of 2 days after it takes place. The legal deadline for notifying a trade is three business days (MAR article 19). Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from AMF. Past trades are no guide to future returns.