Ferrellgas Partners, L.P.
US ˙ OTCPK

Introduction

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

Security Title Latest Reported Holdings
US:FGP / Ferrellgas Partners, L.P. EVP & COO 28,000
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Boyd H McGathey. 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 FGPR / Ferrellgas Partners, L.P. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in FGPR / Ferrellgas Partners, L.P.. 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 (%)
2015-07-22 FGP McGathey Boyd H 2,000 20.7094 2,000 20.7094 41,419 37
2015-06-23 FGP McGathey Boyd H 1,000 23.1499 1,000 23.1499 23,150
2015-06-15 FGP McGathey Boyd H 1,000 23.1800 1,000 23.1800 23,180
2015-06-15 FGP McGathey Boyd H 4,000 23.1900 4,000 23.1900 92,760
2015-03-25 FGP McGathey Boyd H 1,000 22.3000 1,000 22.3000 22,300
2015-03-24 FGP McGathey Boyd H 100 22.0300 100 22.0300 2,203
2015-03-24 FGP McGathey Boyd H 100 22.0600 100 22.0600 2,206
2015-03-24 FGP McGathey Boyd H 500 22.0800 500 22.0800 11,040
2015-03-24 FGP McGathey Boyd H 300 22.0900 300 22.0900 6,627
2015-01-22 FGP McGathey Boyd H 1,000 23.3300 1,000 23.3300 23,330
2014-12-15 FGP McGathey Boyd H 1,000 24.3300 1,000 24.3300 24,330
2014-10-02 FGP McGathey Boyd H 1,000 27.0600 1,000 27.0600 27,060
2014-10-01 FGP McGathey Boyd H 1,000 26.5300 1,000 26.5300 26,530
2013-12-10 FGP McGathey Boyd H 1,000 23.1900 1,000 23.1900 23,190
2013-10-08 FGP McGathey Boyd H 600 21.8000 600 21.8000 13,080
2013-10-08 FGP McGathey Boyd H 400 21.9000 400 21.9000 8,760
2013-10-02 FGP McGathey Boyd H 1,000 22.1600 1,000 22.1600 22,160
2013-07-01 FGP McGathey Boyd H 1,000 21.9000 1,000 21.9000 21,900
2013-06-12 FGP McGathey Boyd H 1,000 22.0300 1,000 22.0300 22,030
2013-06-10 FGP McGathey Boyd H 1,000 21.8200 1,000 21.8200 21,820

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

FGPR / Ferrellgas Partners, L.P. Insider Trades
Insider Sales FGPR / Ferrellgas Partners, L.P. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in FGPR / Ferrellgas Partners, L.P.. 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.

FGPR / Ferrellgas Partners, L.P. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Boyd H McGathey 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
2015-07-22 2015-07-22 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 2,000 28,000 7.69 20.71 41,419 579,863
2015-06-23 2015-06-23 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 1,000 26,000 4.00 23.15 23,150 601,897
2015-06-15 2015-06-15 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 4,000 25,000 19.05 23.19 92,760 579,750
2015-06-15 2015-06-15 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 1,000 21,000 5.00 23.18 23,180 486,780
2015-03-26 2015-03-25 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 1,000 20,000 5.26 22.30 22,300 446,000
2015-03-25 2015-03-24 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 300 19,000 1.60 22.09 6,627 419,710
2015-03-25 2015-03-24 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 500 18,700 2.75 22.08 11,040 412,896
2015-03-25 2015-03-24 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 100 18,200 0.55 22.06 2,206 401,492
2015-03-25 2015-03-24 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 100 18,100 0.56 22.03 2,203 398,743
2015-01-23 2015-01-22 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 1,000 18,000 5.88 23.33 23,330 419,940
2014-12-15 2014-12-15 4 FGP FERRELLGAS PARTNERS L P
common units
P - Purchase 1,000 17,000 6.25 24.33 24,330 413,610
2014-10-03 2014-10-02 4 FGP FERRELLGAS PARTNERS L P
common units
P - Purchase 1,000 16,000 6.67 27.06 27,060 432,960
2014-10-02 2014-10-01 4 FGP FERRELLGAS PARTNERS L P
common units
P - Purchase 1,000 15,000 7.14 26.53 26,530 397,950
2013-12-11 2013-12-10 4 FGP FERRELLGAS PARTNERS L P
common unit
P - Purchase 1,000 14,000 7.69 23.19 23,190 324,660
2013-10-09 2013-10-08 4 FGP FERRELLGAS PARTNERS L P
common units
P - Purchase 400 13,000 3.17 21.90 8,760 284,700
2013-10-09 2013-10-08 4 FGP FERRELLGAS PARTNERS L P
Common units
P - Purchase 600 12,600 5.00 21.80 13,080 274,680
2013-10-03 2013-10-02 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 1,000 12,000 9.09 22.16 22,160 265,920
2013-07-03 2013-07-01 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 1,000 11,000 10.00 21.90 21,900 240,900
2013-06-13 2013-06-12 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 1,000 10,000 11.11 22.03 22,030 220,300
2013-06-11 2013-06-10 4 FGP FERRELLGAS PARTNERS L P
Common Units
P - Purchase 1,000 9,000 12.50 21.82 21,820 196,380
2013-03-18 3 FGP FERRELLGAS PARTNERS L P
Common Units
8,000
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)