Bradley M. Robinson

Bradley M. Robinson discloses dealings in Matador Resources Co to SEC (Form 4). Over a trading history stretching from 7 February 2012 to 9 March 2020, the count stands at 35 filings.

In open-market terms, that means 7 purchases worth €331k on one side and 1 sale worth €137k on the other. On balance, insiders were net buyers of €194k. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 22 share grants and 5 option exercises. Since January 2020: 3 purchases and no sales on the market.

In size, the median ticket on the buying side is €51k. 6 out of 6 purchases came within 30 days of a purchase by at least one other insider of the same company. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. Looking at 7 purchases old enough to measure, the stock rose over the following 90 days in 71% of cases; the median change was +6.1%. This is a record of the past, not a forecast.

The newest entry dates from 11 March 2020: an open-market purchase of €21k, in Matador Resources Co. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. US insiders must file a Form 4 within two business days of a trade. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.