Introduction

This page provides a comprehensive analysis of the known insider trading history of Jesse D Bates. 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.

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Companies with Reported Insider Positions

The SEC filings indicate Jesse D Bates has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:NS / NuStar Energy L.P. - Limited Partnership Director 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Jesse D Bates. 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 Jesse D Bates 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
2024-05-03 2024-05-03 4 NS NuStar Energy L.P.
Common Units 		D - Sale to Issuer -64,755 0 -100.00
2024-05-03 2024-05-03 4 NS NuStar Energy L.P.
Common Units 		D - Sale to Issuer -19,724 0 -100.00
2023-11-20 2023-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 7,714 19,724 64.23
2022-11-17 2022-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 7,458 19,708 60.88
2021-11-17 2021-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 7,371 18,623 65.51
2020-11-18 2020-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 8,264 16,553 99.70
2020-04-01 2020-03-31 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 2,000 41,752 5.03 7.44 14,880 310,635
2020-03-13 2020-03-13 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 2,000 39,752 5.30 11.20 22,400 445,222
2020-03-12 2020-03-12 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 2,000 37,752 5.59 12.13 24,260 457,932
2020-03-10 2020-03-10 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 2,000 35,752 5.93 11.56 23,120 413,293
2019-11-19 2019-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 3,483 11,920 41.28
2018-11-19 2018-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 4,158 11,453 57.00
2017-11-17 2017-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 3,251 9,943 48.58
2017-08-01 2017-08-01 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 26,962 3.85 43.34 43,340 1,168,533
2017-06-21 2017-06-21 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 25,962 4.01 42.81 42,813 1,111,514
2016-11-18 2016-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 1,637 8,723 23.10
2015-11-18 2015-11-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 1,743 9,081 23.75
2015-11-12 2015-11-12 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 22,062 4.75 42.64 42,639 940,710
2015-11-12 2015-11-11 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 21,062 4.98 43.28 43,280 911,563
2015-09-29 2015-09-29 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 20,062 5.25 43.93 43,930 881,324
2015-09-28 2015-09-24 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 19,062 5.54 47.30 47,300 901,633
2015-08-10 2015-08-06 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 18,062 5.86 49.90 49,900 901,294
2015-08-03 2015-07-31 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 17,062 6.23 56.20 56,199 958,862
2015-08-03 2015-07-30 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 16,062 6.64 56.20 56,200 902,684
2014-12-22 2014-12-19 4 NS NuStar Energy L.P.
Common Units 		A - Award 1,314 8,734 17.71
2013-12-18 2013-12-16 4 NS NuStar Energy L.P.
Common Units 		A - Award 1,401 7,420 23.28
2013-08-29 2013-08-29 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 912 13,666 7.15 42.70 38,942 583,538
2013-08-29 2013-08-29 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 88 12,754 0.69 42.79 3,766 545,744
2013-05-31 2013-05-30 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 700 12,666 5.85 46.74 32,718 592,009
2013-05-31 2013-05-30 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 300 11,966 2.57 46.74 14,022 559,279
2013-05-03 2013-05-02 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 11,666 9.38 48.12 48,120 561,368
2013-03-05 2013-03-04 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 10,666 10.35 47.18 47,180 503,222
2013-01-02 2012-12-28 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 3,000 9,666 45.00 42.48 127,449 410,640
2012-12-21 2012-12-19 4 NS NuStar Energy L.P.
Common Units 		A - Award 1,525 6,019 33.93
2012-09-12 2012-09-10 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 2,000 6,666 42.86 48.82 97,647 325,457
2012-04-30 2012-04-26 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,000 4,666 27.28 54.59 54,590 254,717
2006-07-24 2006-07-20 4 VLI VALERO L P
Common Units 		A - Award 397 532 294.07
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)