The Scotts Miracle-Gro Company
US ˙ NYSE ˙ US8101861065

Introduction

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

Security Title Latest Reported Holdings
US:SMG / The Scotts Miracle-Gro Company 10% Owner 1,118,253
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Paul Hagedorn. 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 SMG / The Scotts Miracle-Gro Company - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SMG / The Scotts Miracle-Gro Company. 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.

SMG / The Scotts Miracle-Gro Company Insider Trades
Insider Sales SMG / The Scotts Miracle-Gro Company - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SMG / The Scotts Miracle-Gro Company. 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 (%)
2021-05-12 SMG HAGEDORN PAUL 1,064 236.5300 1,064 236.5300 251,621 364 92.2200 -153,590 -61.04
2021-05-12 SMG HAGEDORN PAUL 172 237.4900 172 237.4900 40,967
2021-05-12 SMG HAGEDORN PAUL 29 238.7000 29 238.7000 6,875
2021-05-12 SMG HAGEDORN PAUL 115 240.0500 115 240.0500 27,606
2021-05-11 SMG HAGEDORN PAUL 3,185 238.9400 3,185 238.9400 761,096
2021-05-11 SMG HAGEDORN PAUL 2,605 240.0200 2,605 240.0200 625,180
2021-05-11 SMG HAGEDORN PAUL 7,605 241.0700 7,605 241.0700 1,833,410
2021-05-11 SMG HAGEDORN PAUL 5,555 242.0400 5,555 242.0400 1,344,581
2021-05-11 SMG HAGEDORN PAUL 466 242.6000 466 242.6000 112,930
2021-05-10 SMG HAGEDORN PAUL 1,136 242.7500 1,136 242.7500 275,837
2021-05-10 SMG HAGEDORN PAUL 812 243.8900 812 243.8900 198,063
2021-05-10 SMG HAGEDORN PAUL 204 245.2600 204 245.2600 49,935
2017-09-08 SMG HAGEDORN PAUL 16,000 94.3023 16,000 94.3023 1,508,837
2017-05-09 SMG HAGEDORN PAUL 4,259 89.4624 4,259 89.4624 381,020
2013-08-12 SMG HAGEDORN PAUL 34,000 54.0400 34,000 54.0400 1,837,360
2013-08-09 SMG HAGEDORN PAUL 22,082 54.0100 22,082 54.0100 1,192,649
2013-08-05 SMG HAGEDORN PAUL 5,500 52.0000 5,500 52.0000 286,000
2013-08-02 SMG HAGEDORN PAUL 2,459 52.0100 2,459 52.0100 127,893
2013-08-01 SMG HAGEDORN PAUL 92,041 52.0100 92,041 52.0100 4,787,052
2013-07-31 SMG HAGEDORN PAUL 16,812 50.2100 16,812 50.2100 844,131
2013-07-30 SMG HAGEDORN PAUL 7,573 50.0400 7,573 50.0400 378,953
2013-07-29 SMG HAGEDORN PAUL 1,935 50.0100 1,935 50.0100 96,769
2013-07-25 SMG HAGEDORN PAUL 946 50.0000 946 50.0000 47,300
2013-07-24 SMG HAGEDORN PAUL 484 50.0000 484 50.0000 24,200
2013-07-23 SMG HAGEDORN PAUL 5,078 50.0400 5,078 50.0400 254,103
2013-07-22 SMG HAGEDORN PAUL 8,524 50.0600 8,524 50.0600 426,711
2013-07-19 SMG HAGEDORN PAUL 9,358 50.0300 9,358 50.0300 468,181
2013-07-18 SMG HAGEDORN PAUL 5,896 50.2000 5,896 50.2000 295,979
2013-07-17 SMG HAGEDORN PAUL 86 50.0000 86 50.0000 4,300
2013-07-16 SMG HAGEDORN PAUL 10,992 50.1200 10,992 50.1200 550,919
2013-07-15 SMG HAGEDORN PAUL 5,603 50.1300 5,603 50.1300 280,878
2013-07-12 SMG HAGEDORN PAUL 15,600 50.2400 15,600 50.2400 783,744
2013-07-11 SMG HAGEDORN PAUL 8,835 50.1100 8,835 50.1100 442,722
2013-07-10 SMG HAGEDORN PAUL 1,698 50.0100 1,698 50.0100 84,917
2013-07-09 SMG HAGEDORN PAUL 580 50.0000 580 50.0000 29,000
2013-05-16 SMG HAGEDORN PAUL 50,000 48.7400 50,000 48.7400 2,437,000
2013-05-13 SMG HAGEDORN PAUL 62,500 47.4900 62,500 47.4900 2,968,125
2013-05-10 SMG HAGEDORN PAUL 64,107 48.0300 64,107 48.0300 3,079,059
2013-05-09 SMG HAGEDORN PAUL 84,105 47.5100 84,105 47.5100 3,995,829
2012-09-12 SMG HAGEDORN PAUL 9,240 43.1500 9,240 43.1500 398,706
2012-09-10 SMG HAGEDORN PAUL 136,939 43.1500 136,939 43.1500 5,908,918
2012-02-16 SMG HAGEDORN PAUL 57,538 47.5900 57,538 47.5900 2,738,233

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

SMG / The Scotts Miracle-Gro Company Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Paul Hagedorn 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
2021-05-14 2021-05-12 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -115 1,118,253 -0.01 240.05 -27,606 268,436,633
2021-05-14 2021-05-12 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -29 1,118,368 0.00 238.70 -6,875 266,954,442
2021-05-14 2021-05-12 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -172 1,118,397 -0.02 237.49 -40,967 265,608,104
2021-05-14 2021-05-12 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -1,064 1,118,569 -0.10 236.53 -251,621 264,575,126
2021-05-13 2021-05-11 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -466 1,109,858 -0.04 242.60 -112,930 269,251,551
2021-05-13 2021-05-11 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -5,555 1,110,324 -0.50 242.04 -1,344,581 268,742,821
2021-05-13 2021-05-11 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -7,605 1,115,879 -0.68 241.07 -1,833,410 269,004,951
2021-05-13 2021-05-11 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -2,605 1,123,484 -0.23 240.02 -625,180 269,658,630
2021-05-13 2021-05-11 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -3,185 1,126,089 -0.28 238.94 -761,096 269,067,706
2021-05-12 2021-05-10 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -204 1,129,274 -0.02 245.26 -49,935 276,965,741
2021-05-12 2021-05-10 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -812 1,129,478 -0.07 243.89 -198,063 275,468,389
2021-05-12 2021-05-10 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -1,136 1,130,290 -0.10 242.75 -275,837 274,377,898
2017-09-12 2017-09-08 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -16,000 2,277,751 -0.70 94.30 -1,508,837 214,797,158
2017-05-10 2017-05-09 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -4,259 2,293,751 -0.19 89.46 -381,020 205,204,469
2013-08-13 2013-08-12 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -34,000 2,186,533 -1.53 54.04 -1,837,360 118,160,243
2013-08-13 2013-08-09 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -22,082 2,218,885 -0.99 54.01 -1,192,649 119,841,979
2013-08-06 2013-08-05 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -5,500 2,239,895 -0.24 52.00 -286,000 116,474,540
2013-08-05 2013-08-02 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -2,459 2,245,128 -0.11 52.01 -127,893 116,769,107
2013-08-02 2013-08-01 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -92,041 2,247,468 -3.93 52.01 -4,787,052 116,890,811
2013-08-01 2013-07-31 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -16,812 2,335,046 -0.71 50.21 -844,131 117,242,660
2013-07-31 2013-07-30 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -7,573 2,351,039 -0.32 50.04 -378,953 117,645,992
2013-07-30 2013-07-29 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -1,935 2,358,245 -0.08 50.01 -96,769 117,935,832
2013-07-26 2013-07-25 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -946 2,360,087 -0.04 50.00 -47,300 118,004,350
2013-07-25 2013-07-24 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -484 2,360,989 -0.02 50.00 -24,200 118,049,450
2013-07-24 2013-07-23 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -5,078 2,361,448 -0.21 50.04 -254,103 118,166,858
2013-07-23 2013-07-22 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -8,524 2,366,281 -0.36 50.06 -426,711 118,456,027
2013-07-22 2013-07-19 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -9,358 2,374,391 -0.39 50.03 -468,181 118,790,782
2013-07-19 2013-07-18 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -5,896 2,383,295 -0.25 50.20 -295,979 119,641,409
2013-07-18 2013-07-17 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -86 2,388,905 0.00 50.00 -4,300 119,445,250
2013-07-17 2013-07-16 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -10,992 2,388,984 -0.46 50.12 -550,919 119,735,878
2013-07-16 2013-07-15 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -5,603 2,399,445 -0.23 50.13 -280,878 120,284,178
2013-07-15 2013-07-12 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -15,600 2,404,776 -0.64 50.24 -783,744 120,815,946
2013-07-12 2013-07-11 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -8,835 2,419,618 -0.36 50.11 -442,722 121,247,058
2013-07-11 2013-07-10 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -1,698 2,428,025 -0.07 50.01 -84,917 121,425,530
2013-07-10 2013-07-09 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -580 2,429,640 -0.02 50.00 -29,000 121,482,000
2013-05-20 2013-05-16 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -50,000 2,430,194 -2.02 48.74 -2,437,000 118,447,656
2013-05-14 2013-05-13 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -62,500 2,477,767 -2.46 47.49 -2,968,125 117,669,155
2013-05-13 2013-05-10 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -64,107 2,537,236 -2.46 48.03 -3,079,059 121,863,445
2013-05-13 2013-05-09 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -84,105 2,598,234 -3.14 47.51 -3,995,829 123,442,097
2012-09-14 2012-09-12 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -9,240 2,814,804 -0.33 43.15 -398,706 121,458,793
2012-09-12 2012-09-10 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -136,939 2,824,044 -4.62 43.15 -5,908,918 121,857,499
2012-02-21 2012-02-16 4 SMG SCOTTS MIRACLE-GRO CO
Common Shares
S - Sale -57,538 2,960,983 -1.91 47.59 -2,738,233 140,913,181
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)