Douglas James Suttles

Douglas James Suttles discloses dealings in 2 companies, chiefly Encana Corp and Ovintiv Inc. In total, 65 filings cover trades dated from 23 February 2017 to 23 September 2020.

Every open-market trade on record is a purchase: 47 purchases worth €1.3M, and no sale. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Outside the open market, there are 9 option exercises. In 2020 alone, the filings show 21 purchases and no sales.

A typical purchase (the median) is worth €17k. On 36 out of 47 purchases, another insider of the same company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. After 19 purchases with a full 90-day history, the hit rate stands at 58% and the median 90-day move at +59.9%. These figures describe past trades and do not predict future prices.

Most recently, on 23 September 2020, the filings show an open-market purchase worth €8,749 in Ovintiv Inc. Publication is fast: at least half of the trades appear on SEC (Form 4) on the same day. For comparison, the SEC allows two business days to file a Form 4. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.