BTO Omaha Manager L.L.C. - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of BTO Omaha Manager L.L.C.. 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

Companies with Reported Insider Positions

The SEC filings indicate BTO Omaha Manager L.L.C. has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by BTO Omaha Manager L.L.C.. 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 GTES / Gates Industrial Corporation plc - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GTES / Gates Industrial Corporation plc. 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 (%)
2020-05-20	GTES	Omaha Aggregator (Cayman) L.P.	12,500	9.6500	12,500	9.6500	120,625	279	17.87	102,750	85.18
2020-05-18	GTES	Omaha Aggregator (Cayman) L.P.	100,300	9.5400	100,300	9.5400	956,862
2020-03-10	GTES	Omaha Aggregator (Cayman) L.P.	90,000	9.2400	90,000	9.2400	831,600
2020-03-09	GTES	Omaha Aggregator (Cayman) L.P.	85,000	9.0500	85,000	9.0500	769,250
2020-03-06	GTES	Omaha Aggregator (Cayman) L.P.	75,400	9.4700	75,400	9.4700	714,038
2019-08-29	GTES	Omaha Aggregator (Cayman) L.P.	52,600	8.5600	52,600	8.5600	450,256
2019-08-28	GTES	Omaha Aggregator (Cayman) L.P.	24,700	8.3100	24,700	8.3100	205,257
2019-08-27	GTES	Omaha Aggregator (Cayman) L.P.	36,700	8.3100	36,700	8.3100	304,977
2019-08-26	GTES	Omaha Aggregator (Cayman) L.P.	49,000	8.1000	49,000	8.1000	396,900
2019-08-23	GTES	Omaha Aggregator (Cayman) L.P.	60,000	8.4000	60,000	8.4000	504,000
2019-08-22	GTES	Omaha Aggregator (Cayman) L.P.	100,000	8.6600	100,000	8.6600	866,000
2019-08-16	GTES	Omaha Aggregator (Cayman) L.P.	46,500	7.9800	46,500	7.9800	371,070
2019-08-15	GTES	Omaha Aggregator (Cayman) L.P.	100,000	7.9500	100,000	7.9500	795,000
2019-08-14	GTES	Omaha Aggregator (Cayman) L.P.	100,000	7.8900	100,000	7.8900	789,000
2019-08-13	GTES	Omaha Aggregator (Cayman) L.P.	100,000	8.0100	100,000	8.0100	801,000
2019-08-12	GTES	Omaha Aggregator (Cayman) L.P.	100,000	7.9400	100,000	7.9400	794,000
2019-08-09	GTES	Omaha Aggregator (Cayman) L.P.	64,708	7.8200	64,708	7.8200	506,017

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

Insider Sales GTES / Gates Industrial Corporation plc - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in GTES / Gates Industrial Corporation plc. 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 (%)
2023-12-13	GTES	Omaha Aggregator (Cayman) L.P.	7,765,936	11.1500	7,765,936	11.1500	86,590,186	0	12.0600	7,067,002	8.16
2023-12-13	GTES	Omaha Aggregator (Cayman) L.P.	7,509,392	11.1500	7,509,392	11.1500	83,729,721
2023-12-13	GTES	Omaha Aggregator (Cayman) L.P.	25,713	11.1500	25,713	11.1500	286,700
2023-12-13	GTES	Omaha Aggregator (Cayman) L.P.	1,583,956	11.1500	1,583,956	11.1500	17,661,109
2023-12-13	GTES	Omaha Aggregator (Cayman) L.P.	365,003	11.1500	365,003	11.1500	4,069,783
2021-03-02	GTES	Omaha Aggregator (Cayman) L.P.	2,373,355	14.4000	2,373,355	14.4000	34,176,312
2021-03-02	GTES	Omaha Aggregator (Cayman) L.P.	11,636,258	14.4000	11,636,258	14.4000	167,562,115
2021-03-02	GTES	Omaha Aggregator (Cayman) L.P.	11,251,860	14.4000	11,251,860	14.4000	162,026,784
2021-03-02	GTES	Omaha Aggregator (Cayman) L.P.	38,527	14.4000	38,527	14.4000	554,789

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

Insider Trading History

This table shows the complete list of insider trades made by BTO Omaha Manager L.L.C. as disclosed to the Securities Exchange Commission (SEC).