Philip G. Heasley

Philip G. Heasley discloses dealings in 6 companies, chiefly ACI Worldwide, Inc., Lender Processing Services, Inc. and Tier Technologies Inc. We count 167 filings; the first trade dates from 9 February 2006 and the latest from 4 March 2019.

On the open market, the record shows 24 purchases worth €2.6M and 54 sales worth €63.1M. The totals exclude 3 filings filed without an amount. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 20 share grants and 56 option exercises. So far in 2019, the count stands at no purchases and 2 sales.

A typical purchase (the median) is worth €36k. After 12 purchases with a full 90-day history, the hit rate stands at 42% and the median 90-day move at -8.2%. This is a record of the past, not a forecast.

Most recently, on 6 March 2019, the filings show a share grant in ACI Worldwide, Inc. The last insider purchase was made public on 22 August 2017, 3,349 days ago. Typically, a trade is published a median of 2 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction. 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.