Raymond D. Smoot Jr.

Raymond D. Smoot Jr. has filed trades across 4 companies (mainly through SEC (Form 4)), most often in RGC Resources Inc, Atlantic Union Bankshares Corp and Virginia Financial Group Inc. Between 3 January 2006 and 26 February 2020, the trades on record add up to 321 filings.

In open-market terms, that means 58 purchases worth €134k on one side and 9 sales worth €128k on the other. Taken together, the purchases exceed the sales by €5,685. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 190 share grants and 4 option exercises. 2020 to date brings 1 purchase and 1 sale.

A typical purchase (the median) is worth €2,042. 47 out of 47 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 55 purchases with a full 90-day history, the hit rate stands at 75% and the median 90-day move at +2.9%. This is a record of the past, not a forecast.

On 27 February 2020 came the latest disclosure, an open-market sale for €29 in RGC Resources Inc. The most recent open-market purchase was published on 3 January 2020, 2,501 days ago. Typically, a trade is published a median of 2 days after it takes place. US insiders must file a Form 4 within two business days of a trade. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.