Methode Electronics, Inc.
US ˙ NYSE ˙ US5915202007

Introduction

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

Security Title Latest Reported Holdings
US:WOR / Worthington Enterprises, Inc. Director 24,119
US:MEI / Methode Electronics, Inc. Director 37,531
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by David P Blom. 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 MEI / Methode Electronics, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MEI / Methode Electronics, Inc.. 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 (%)
2024-09-18 MEI Blom David P 9,320 10.8100 9,320 10.8100 100,749 78 14.0200 29,917 29.69

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

MEI / Methode Electronics, Inc. Insider Trades
Insider Sales MEI / Methode Electronics, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MEI / Methode Electronics, Inc.. 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.

MEI / Methode Electronics, Inc. Insider Trades
Insider Purchases WOR / Worthington Enterprises, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MEI / Methode Electronics, Inc.. 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 (%)
2022-09-30 WOR Blom David P 1,200 39.3400 1,200 39.3400 47,208 336 76.8500 45,012 95.35
2022-09-30 WOR Blom David P 3,800 41.9000 3,800 41.9000 159,220

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

WOR / Worthington Enterprises, Inc. Insider Trades
Insider Sales WOR / Worthington Enterprises, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MEI / Methode Electronics, Inc.. 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.

WOR / Worthington Enterprises, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by David P Blom 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
2024-09-27 2024-09-26 4 WOR WORTHINGTON ENTERPRISES, INC.
Common Shares
A - Award 3,300 24,119 15.85
2024-09-19 2024-09-18 4 MEI METHODE ELECTRONICS INC
Common Stock
P - Purchase 9,320 37,531 33.04 10.81 100,749 405,710
2024-06-17 2024-06-13 4 MEI METHODE ELECTRONICS INC
Common Stock
A - Award 14,170 28,211 100.92 9.88 140,000 278,725
2023-10-02 2023-09-29 4 WOR WORTHINGTON INDUSTRIES INC
Common Shares
A - Award 2,300 19,500 13.37
2023-07-07 2023-07-05 4 MEI METHODE ELECTRONICS INC
Common Stock
A - Award 4,201 14,041 42.69 33.33 140,019 467,987
2022-10-03 2022-09-30 4 WOR WORTHINGTON INDUSTRIES INC
Common Shares
P - Purchase 3,800 17,200 28.36 41.90 159,220 720,680
2022-10-03 2022-09-30 4 WOR WORTHINGTON INDUSTRIES INC
Common Shares
P - Purchase 1,200 13,400 9.84 39.34 47,208 527,156
2022-09-30 2022-09-28 4 WOR WORTHINGTON INDUSTRIES INC
Common Shares
A - Award 2,700 12,200 28.42
2022-07-11 2022-07-07 4 MEI METHODE ELECTRONICS INC
Common Stock
A - Award 3,885 9,840 65.24 36.04 140,015 354,634
2021-09-30 2021-09-29 4 WOR WORTHINGTON INDUSTRIES INC
Common Shares
A - Award 2,400 9,500 33.80
2021-07-09 2021-07-07 4 MEI METHODE ELECTRONICS INC
Common Stock
A - Award 2,955 5,955 98.50 47.39 140,037 282,207
2020-09-24 2020-09-23 4 WOR WORTHINGTON INDUSTRIES INC
Common Shares
A - Award 3,500 7,100 97.22
2020-07-09 2020-07-07 4 MEI METHODE ELECTRONICS INC
Common Stock
A - Award 3,000 3,000 28.76 86,280 86,280
2019-12-18 3 MEI METHODE ELECTRONICS INC
Common Stock
0
2019-09-27 2019-09-25 4 WOR WORTHINGTON INDUSTRIES INC
Common Shares
A - Award 3,600 3,600
2019-07-11 3 WOR WORTHINGTON INDUSTRIES INC
No Securities Beneficially Owned
0
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)