Introduction

This page provides a comprehensive analysis of the known insider trading history of Kevin Barhydt. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Kevin Barhydt has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:RPXC / RPX Corporation Senior Vice President 16,127
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Kevin Barhydt. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Trading History

This table shows the complete list of insider trades made by Kevin Barhydt as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2013-07-09 2013-07-09 4 RPXC RPX Corp
Common Stock
S - Sale X -4,958 16,127 -23.51 16.90 -83,812 272,617
2013-06-27 2013-06-26 4 RPXC RPX Corp
Common Stock
S - Sale X -24,790 21,085 -54.04 16.35 -405,252 344,685
2013-06-24 2013-06-21 4 RPXC RPX Corp
Employee Stock Option (right to buy)
M - Exercise -833 33,334 -2.44
2013-06-24 2013-06-21 4 RPXC RPX Corp
Common Stock
S - Sale X -833 45,875 -1.78 16.00 -13,328 734,000
2013-06-24 2013-06-21 4 RPXC RPX Corp
Common Stock
M - Exercise X 833 46,708 1.82 4.96 4,132 231,672
2013-06-05 2013-06-05 4 RPXC RPX Corp
Common Stock
S - Sale X -3,530 45,875 -7.15 14.67 -51,779 672,913
2013-05-22 2013-05-21 4 RPXC RPX Corp
Employee Stock Option (right to buy)
M - Exercise -834 34,167 -2.38
2013-05-22 2013-05-21 4 RPXC RPX Corp
Common Stock
S - Sale X -834 49,405 -1.66 15.37 -12,819 759,355
2013-05-22 2013-05-21 4 RPXC RPX Corp
Common Stock
M - Exercise X 834 50,239 1.69 4.96 4,137 249,185
2013-05-22 2013-05-21 4 RPXC RPX Corp
Common Stock
S - Sale -1,782 49,405 -3.48 15.34 -27,332 757,759
2013-05-22 2013-05-20 4 RPXC RPX Corp
Restricted Stock Units
M - Exercise -625 6,875 -8.33
2013-05-22 2013-05-20 4 RPXC RPX Corp
Restricted Stock Units
M - Exercise -4,062 60,938 -6.25
2013-05-22 2013-05-20 4 RPXC RPX Corp
Common Stock
M - Exercise 4,687 51,187 10.08
2013-05-02 2013-05-01 4 RPXC RPX Corp
Employee Stock Option (right to buy)
M - Exercise -4,999 35,001 -12.50 4.96 -24,795 173,605
2013-05-02 2013-05-01 4 RPXC RPX Corp
Common Stock
S - Sale X -4,999 46,500 -9.71 15.00 -74,985 697,500
2013-05-02 2013-05-01 4 RPXC RPX Corp
Common Stock
M - Exercise X 4,999 51,499 10.75 4.96 24,795 255,435
2013-04-02 2013-04-01 4 RPXC RPX Corp
Employee Stock Option (right to buy)
M - Exercise -9,917 0 -100.00
2013-04-02 2013-04-01 4 RPXC RPX Corp
Common Stock
S - Sale X -10,308 46,500 -18.15 13.94 -143,734 648,391
2013-04-02 2013-04-01 4 RPXC RPX Corp
Common Stock
M - Exercise X 9,917 56,808 21.15 1.02 10,115 57,944
2013-02-21 2013-02-21 4 RPXC RPX Corp
Common Stock
S - Sale -234 46,891 -0.50 12.47 -2,919 584,932
2013-02-21 2013-02-20 4 RPXC RPX Corp
Restricted Stock Units
M - Exercise -625 7,500 -7.69
2013-02-21 2013-02-20 4 RPXC RPX Corp
Common Stock
M - Exercise 625 47,125 1.34
2013-01-09 2013-01-07 4 RPXC RPX Corp
Restricted Stock Units
A - Award 65,000 65,000
2012-11-21 2012-11-20 4 RPXC RPX Corp
Restricted Stock Units
M - Exercise -625 8,125 -7.14
2012-11-21 2012-11-20 4 RPXC RPX Corp
Common Stock
M - Exercise 625 46,500 1.36
2012-11-02 2012-10-31 4 RPXC RPX Corp
Employee Stock Option (right to buy)
M - Exercise -4,958 9,917 -33.33
2012-11-02 2012-10-31 4 RPXC RPX Corp
Common Stock
S - Sale X -4,958 45,875 -9.75 10.00 -49,580 458,750
2012-11-02 2012-10-31 4 RPXC RPX Corp
Common Stock
M - Exercise 4,958 50,833 10.81 1.02 5,057 51,850
2012-11-01 3 RPXC RPX Corp
Common Stock
45,875
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)