Scott T. Mereness

Scott T. Mereness appears in our data through filings on LCI Industries shares, published by SEC (Form 4). We count 119 filings; the first trade dates from 11 December 2006 and the latest from 1 June 2018.

The open-market side counts 4 purchases for €679k alongside 40 sales for €5.2M. Netting one side against the other leaves €4.5M of net selling. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Besides market trades, the filings include 24 share grants and 46 option exercises. Since January 2018: 1 purchase and no sales on the market.

In size, the median ticket on the buying side is €134k. Clusters matter here: 1 out of 4 purchases overlapped with buying by a colleague within 30 days. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. After 4 purchases with a full 90-day history, the hit rate stands at 75% and the median 90-day move at +8.5%. They describe history only and say nothing certain about the share price ahead.

Most recently, on 5 June 2018, the filings show an open-market purchase worth €291k in LCI Industries. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. 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. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.