Geoffrey M. Hertel

Geoffrey M. Hertel discloses dealings in 3 companies, chiefly Tetra Technologies Inc, CSI Compressco LP and Roper Brothers Inc. The record holds 189 filings, for trades running from 28 March 2006 to 4 January 2014.

On the open market, the record shows 11 purchases worth €2.2M and 153 sales worth €17.6M. Sales outweigh purchases by €15.4M. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The rest of the record consists of 9 share grants and 16 option exercises.

Half of the purchases are above €63k and half below. After 3 purchases with a full 90-day history, the hit rate stands at 33% and the median 90-day move at -36.5%. They describe history only and say nothing certain about the share price ahead.

The latest filing, published on 6 January 2014, reports an option exercise in CSI Compressco LP. The clock since the last published purchase (19 November 2012) now reads 5,102 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.