TETRA Technologies, Inc.
US ˙ NYSE ˙ US88162F1057

Introduction

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

Security Title Latest Reported Holdings
US:TTI / TETRA Technologies, Inc. Vice President - Accounting 166,086
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Ben C Chambers. 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 TTI / TETRA Technologies, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in TTI / TETRA Technologies, 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 (%)
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.

TTI / TETRA Technologies, Inc. Insider Trades
Insider Sales TTI / TETRA Technologies, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in TTI / TETRA Technologies, 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 (%)
2013-05-29 TTI CHAMBERS BEN C 27,000 9.9700 27,000 9.9700 269,190 0 9.82 -4,050 -1.50

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

TTI / TETRA Technologies, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Ben C Chambers 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
2018-09-05 2018-08-31 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -459 166,086 -0.28 4.59 -2,107 762,335
2018-05-08 2018-05-04 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -296 166,545 -0.18 4.19 -1,240 697,824
2018-05-04 2018-05-02 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -293 166,841 -0.18 4.18 -1,225 697,395
2018-02-26 2018-02-22 4 TTI TETRA TECHNOLOGIES INC
Stock Option (Right to Buy)
A - Award 18,580 18,580
2018-02-26 2018-02-22 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -1,118 167,134 -0.66 3.87 -4,327 646,809
2018-02-26 2018-02-22 4 TTI TETRA TECHNOLOGIES INC
Common Stock
A - Award 17,848 168,252 11.87
2017-11-06 2017-11-04 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -332 150,404 -0.22 2.97 -986 446,700
2017-11-06 2017-11-02 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -330 150,736 -0.22 2.93 -967 441,656
2017-05-23 2017-05-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -261 151,066 -0.17 3.45 -900 521,178
2017-05-08 2017-05-04 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -321 151,327 -0.21 3.09 -992 467,600
2017-05-04 2017-05-02 4 TTI TETRA TECHNOLOGIES INC
Common Stock
M - Exercise -637 151,648 -0.42 3.23 -2,058 489,823
2017-02-24 2017-02-22 4 TTI TETRA TECHNOLOGIES INC
Stock Option (Right to Buy)
A - Award 25,000 25,000
2017-02-24 2017-02-22 4 TTI TETRA TECHNOLOGIES INC
Common Stock
A - Award 11,309 152,285 8.02
2016-11-21 2016-11-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -270 140,976 -0.19 5.22 -1,409 735,895
2016-11-07 2016-11-04 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -332 141,246 -0.23 4.97 -1,650 701,993
2016-05-24 2016-05-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -544 141,578 -0.38 5.08 -2,764 719,216
2016-05-18 2016-05-17 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -5,673 142,122 -3.84 5.37 -30,464 763,195
2016-05-18 2016-05-17 4 TTI TETRA TECHNOLOGIES INC
Common Stock
A - Award 20,884 147,795 16.46
2016-05-12 2016-05-04 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -641 126,911 -0.50 6.82 -4,372 865,533
2016-05-12 2016-05-02 4 TTI TETRA TECHNOLOGIES INC
Stock Option (right to buy)
A - Award 16,353 16,353
2016-05-12 2016-05-02 4 TTI TETRA TECHNOLOGIES INC
Common Stock
A - Award 7,223 127,552 6.00
2015-05-22 2015-05-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -1,192 120,873 -0.98 6.68 -7,963 807,432
2015-05-06 2015-05-04 4 TTI TETRA TECHNOLOGIES INC
Stock Option (right to buy)
A - Award 16,397 16,397
2015-05-06 2015-05-04 4 TTI TETRA TECHNOLOGIES INC
Common Stock
A - Award 7,270 122,065 6.33
2014-11-25 2014-11-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -692 114,795 -0.60 8.21 -5,681 942,467
2014-05-22 2014-05-20 4 TTI TETRA TECHNOLOGIES INC
Stock Option (right to buy)
A - Award 10,233 10,233
2014-05-22 2014-05-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -1,217 115,487 -1.04 11.16 -13,582 1,288,835
2014-05-22 2014-05-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
A - Award 5,914 116,704 5.34
2013-11-21 2013-11-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -712 110,790 -0.64 12.01 -8,551 1,330,588
2013-05-31 2013-05-29 4 TTI TETRA TECHNOLOGIES INC
Common Stock
S - Sale -27,000 111,502 -19.49 9.97 -269,190 1,111,675
2013-05-22 2013-05-20 4 TTI TETRA TECHNOLOGIES INC
Stock Option (right to buy)
A - Award 10,084 10,084
2013-05-22 2013-05-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
F - Taxes -1,405 138,502 -1.00 10.30 -14,472 1,426,571
2013-05-22 2013-05-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
A - Award 6,000 139,907 4.48
2013-02-13 2013-02-12 4 TTI TETRA TECHNOLOGIES INC
Stock Option (right to buy)
M - Exercise -27,000 0 -100.00
2013-02-13 2013-02-12 4 TTI TETRA TECHNOLOGIES INC
Common Stock
M - Exercise 27,000 133,907 25.26 4.34 117,180 581,156
2012-05-22 2012-05-20 4 TTI TETRA TECHNOLOGIES INC
Stock Option (right to buy)
A - Award 15,668 15,668
2012-05-22 2012-05-20 4 TTI TETRA TECHNOLOGIES INC
Common Stock
A - Award 9,166 106,907 9.38
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)