Patrick J Curth - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Patrick J Curth. 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 Patrick J Curth 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 Patrick J Curth. 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 VTLE / Vital Energy, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in VTLE / Vital Energy, 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.

Insider Sales VTLE / Vital Energy, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in VTLE / Vital Energy, 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 (%)
2017-03-31	LPI	Curth Patrick J	22,787	14.4300	1,139	288.6000	328,816	319	151.4	-156,371	-47.56
2017-03-31	LPI	Curth Patrick J	21,043	14.3900	1,052	287.8000	302,809
2016-08-29	LPI	Curth Patrick J	17,000	12.5700	850	251.4000	213,690
2015-05-11	LPI	Curth Patrick J	15,200	13.4650	760	269.3000	204,668
2014-06-10	LPI	Curth Patrick J	10,080	28.7400	504	574.8000	289,699
2014-03-04	LPI	Curth Patrick J	12,850	27.2300	642	544.6000	349,906
2013-06-20	LPI	Curth Patrick J	15,000	20.4000	750	408.0000	306,000
2013-03-27	LPI	Curth Patrick J	37,750	18.0870	1,888	361.7400	682,784
2012-12-19	LPI	Curth Patrick J	50,000	17.8107	2,500	356.2140	890,535
2012-09-12	LPI	Curth Patrick J	8,500	22.8800	425	457.6000	194,480
2012-06-29	LPI	Curth Patrick J	23,819	20.2500	1,191	405.0000	482,335
2012-06-28	LPI	Curth Patrick J	6,800	19.7800	340	395.6000	134,504

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 Patrick J Curth as disclosed to the Securities Exchange Commission (SEC).