John H. Scribante

John H. Scribante is a declared insider of Orion Energy Systems, Inc., with filings sourced from SEC (Form 4). Over a trading history stretching from 24 December 2007 to 8 August 2017, the count stands at 80 filings.

Both buying and selling appear: 16 purchases worth €191k, against 44 sales worth €2.2M. On balance, insiders were net sellers of €2.0M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 6 share grants and 11 option exercises. So far in 2017, the count stands at 1 purchase and 30 sales.

In size, the median ticket on the buying side is €7,392. 4 out of 4 purchases came within 30 days of a purchase by at least one other insider of the same company. Purchases made close together by different insiders form what is called a cluster. After 16 purchases with a full 90-day history, the hit rate stands at 38% and the median 90-day move at -6.2%. Past outcomes like these are no guarantee of what comes next.

The newest entry dates from 9 August 2017: an open-market sale of €34k, in Orion Energy Systems, Inc. The most recent open-market purchase was published on 22 February 2017, 3,546 days ago. Typically, a trade is published a median of 1 day after it takes place. For comparison, the SEC allows two business days to file a 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.