Louis Hernandez Jr.

This profile gathers the share dealings of Louis Hernandez Jr. across 3 companies, led by Open Solutions Inc, Avid Technology, Inc. and Unica Corp. The record holds 154 filings, for trades running from 3 January 2006 to 9 December 2017.

Both buying and selling appear: 6 purchases worth €3.0M, against 81 sales worth €2.3M. Taken together, the purchases exceed the sales by €751k. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 46 share grants and 18 option exercises. So far in 2017, the count stands at 2 purchases and no sales.

A typical purchase (the median) is worth €560k. 2 out of 5 purchases came within 30 days of a purchase by at least one other insider of the same company. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase.

Most recently, on 11 December 2017, the filings show a share grant worth €29k in Avid Technology, Inc. The last insider purchase was made public on 16 June 2017, 3,432 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. For comparison, the SEC allows two business days to file a Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.