Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF
US ˙ BATS

Introduction

This page provides a comprehensive analysis of the known insider trading history of Peter Blackmore. 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 Peter Blackmore has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF Director 0
US:US88104LAB99 / TerraForm Power Operating LLC Director 0
US:86732YAJ8 / SunEdison, Inc. Bond Director 34,500
US:SHOR / ShorTel, Inc. CEO, Director 71,235
US:UTSI / UTStarcom Holdings Corp. CEO & President, Director 1,078,566
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Peter Blackmore. 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 Purchases GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF Insider Trades
Insider Sales GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF Insider Trades
Insider Purchases UTSI / UTStarcom Holdings Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

UTSI / UTStarcom Holdings Corp. Insider Trades
Insider Sales UTSI / UTStarcom Holdings Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in GLBL / Pacer Funds Trust - Pacer MSCI World Industry Advantage ETF. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2010-03-02 UTSI BLACKMORE PETER 5,232 2.0400 1,308 8.1600 10,673 98 20.52 16,167 151.48
2010-03-01 UTSI BLACKMORE PETER 88,781 2.0600 22,195 8.2400 182,889
2009-03-05 UTSI BLACKMORE PETER 25,781 0.7000 6,445 2.8000 18,047
2009-03-04 UTSI BLACKMORE PETER 17,155 0.7700 4,289 3.0800 13,209
2009-03-03 UTSI BLACKMORE PETER 14,333 0.7800 3,583 3.1200 11,180
2009-03-02 UTSI BLACKMORE PETER 7,241 0.9300 1,810 3.7200 6,734

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

UTSI / UTStarcom Holdings Corp. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Peter Blackmore 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
2018-01-03 2017-12-28 4 GLBL TERRAFORM GLOBAL, INC.
Restricted Stock Units (Class A common stock)
J - Other -12,081 0 -100.00
2018-01-03 2017-12-28 4 GLBL TERRAFORM GLOBAL, INC.
Restricted Stock Units (Class A common stock)
D - Sale to Issuer -77,019 12,081 -86.44 5.10 -392,797 61,613
2017-10-18 2017-10-16 4 TERP TerraForm Power, Inc.
Restricted Stock Units (Class A common stock)
M - Exercise -7,622 0 -100.00 9.52 -72,561
2017-10-18 2017-10-16 4 TERP TerraForm Power, Inc.
Restricted Stock Units (Class A common stock)
M - Exercise -12,778 7,622 -62.64
2017-10-18 2017-10-16 4 TERP TerraForm Power, Inc.
Class A Common Stock
M - Exercise 12,778 12,778
2017-08-08 2017-08-04 4 GLBL TERRAFORM GLOBAL, INC.
Restricted Stock Units (Class A common stock)
A - Award 30,000 89,100 50.76
2016-07-27 2016-07-25 4 GLBL TERRAFORM GLOBAL, INC.
Restricted Stock Units (Class A common stock)
A - Award 44,400 59,100 302.04
2016-07-27 2016-07-25 4 TERP TerraForm Power, Inc.
Restricted Stock Units (Class A common stock)
A - Award 12,000 20,400 142.86
2015-12-21 2015-12-17 4 TERP TerraForm Power, Inc.
Restricted Stock Units (Class A common stock)
A - Award 8,400 8,400
2015-12-21 2015-12-17 4 GLBL TERRAFORM GLOBAL, INC.
Restricted Stock Units (Class A common stock)
A - Award 14,700 14,700
2015-11-30 3 TERP TerraForm Power, Inc.
Class A Common Stock
15,000
2015-11-30 3 TERP TerraForm Power, Inc.
Class A Common Stock
15,000
2015-11-30 3 GLBL TERRAFORM GLOBAL, INC.
Class A Common Stock
19,000
2015-11-30 3 GLBL TERRAFORM GLOBAL, INC.
Class A Common Stock
19,000
2015-08-24 2015-08-21 4 SUNE SUNEDISON, INC.
Common Stock
P - Purchase 8,700 34,500 33.72 11.40 99,180 393,300
2015-06-01 2015-05-29 4 SUNE SUNEDISON, INC.
Common Stock
M - Exercise 22,200 25,800 616.67
2015-06-01 2015-05-28 4 SUNE SUNEDISON, INC.
Restricted Stock Units
A - Award 6,000 67,600 9.74
2014-06-02 2014-05-29 4 SUNE SUNEDISON, INC.
Restricted Stock Units
A - Award 9,000 31,200 40.54
2013-06-03 2013-05-30 4 SUNE SUNEDISON, INC.
Restricted Stock Units
A - Award 22,200 22,200
2013-05-01 2013-04-30 4 SHOR ShoreTel Inc
Common Stock
M - Exercise 500 71,235 0.71 3.07 1,534 218,585
2012-11-02 2012-10-31 4 SHOR ShoreTel Inc
Common Stock
M - Exercise 500 70,735 0.71 3.77 1,883 266,353
2012-08-28 2012-08-24 4 SHOR ShoreTel Inc
Stock Option - Performance Award
A - Award 100,000 100,000
2012-05-30 2012-05-25 4 WFR MEMC ELECTRONIC MATERIALS INC
Restricted Stock Units
A - Award 35,000 35,000
2012-05-30 2012-05-30 4 SHOR ShoreTel Inc
Common Stock
P - Purchase 24,690 70,235 54.21 4.03 99,501 283,047
2012-05-01 2012-04-30 4 SHOR ShoreTel Inc
Common Stock
A - Award 750 45,545 1.67
2012-02-07 2012-02-07 4 SHOR ShoreTel Inc
Common Stock
P - Purchase 17,200 44,795 62.33 5.82 100,161 260,855
2010-03-03 2010-03-02 4 UTSI UTSTARCOM INC
Common Stock
S - Sale -5,232 1,078,566 -0.48 2.04 -10,673 2,200,275
2010-03-03 2010-03-01 4 UTSI UTSTARCOM INC
Common Stock
S - Sale -88,781 1,083,798 -7.57 2.06 -182,889 2,232,624
2009-03-06 2009-03-05 4 UTSI UTSTARCOM INC
Common Stock
S - Sale -25,781 1,029,511 -2.44 0.70 -18,047 720,658
2009-03-06 2009-03-04 4 UTSI UTSTARCOM INC
Common Stock
S - Sale -17,155 1,055,292 -1.60 0.77 -13,209 812,575
2009-03-03 2009-03-03 4 UTSI UTSTARCOM INC
Common Stock
S - Sale -14,333 1,072,447 -1.32 0.78 -11,180 836,509
2009-03-03 2009-03-02 4 UTSI UTSTARCOM INC
Common Stock
S - Sale -7,241 1,086,780 -0.66 0.93 -6,734 1,010,705
2009-03-03 2009-02-27 4 UTSI UTSTARCOM INC
Restricted Stock Units
M - Exercise -21,250 63,750 -25.00
2009-03-03 2009-02-27 4 UTSI UTSTARCOM INC
Restricted Stock Units
M - Exercise -42,500 42,500 -50.00
2009-03-03 2009-02-27 4 UTSI UTSTARCOM INC
Restricted Stock Units
A - Award 224,727 224,727
2009-03-03 2009-02-27 4 UTSI UTSTARCOM INC
Restricted Stock Units
A - Award 112,364 112,364
2009-03-03 2009-02-27 4 UTSI UTSTARCOM INC
Common Stock
M - Exercise 21,250 1,094,021 1.98
2009-03-03 2009-02-27 4 UTSI UTSTARCOM INC
Common Stock
M - Exercise 42,500 1,072,771 4.13
2008-03-04 2008-02-29 4 UTSI UTSTARCOM INC
Restricted Stock Units
A - Award 85,000 85,000
2008-03-04 2008-02-29 4 UTSI UTSTARCOM INC
Restricted Stock Units
A - Award 170,000 170,000
2007-11-02 2007-10-31 4 UTSI UTSTARCOM INC
Employee Stock Option (right to buy)
A - Award 750,000 750,000
2007-11-02 2007-10-31 4 UTSI UTSTARCOM INC
Restricted Stock Units
A - Award 350,000 350,000
2007-11-02 2007-10-31 4 UTSI UTSTARCOM INC
Common Stock
A - Award 900,000 900,000
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)