Blackbaud, Inc.
US ˙ NasdaqGS ˙ US09227Q1004

Introduction

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

Security Title Latest Reported Holdings
US:BLKB / Blackbaud, Inc. 13,839
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Joseph D Moye. 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 BLKB / Blackbaud, Inc. - Short Term Profit Analysis

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

BLKB / Blackbaud, Inc. Insider Trades
Insider Sales BLKB / Blackbaud, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BLKB / Blackbaud, 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 (%)
2015-02-19 BLKB Moye Joseph D 3,236 45.5000 3,236 45.5000 147,238 20 44.1000 -4,530 -3.08
2014-11-24 BLKB Moye Joseph D 900 42.0200 900 42.0200 37,818
2014-11-12 BLKB Moye Joseph D 4,435 43.9400 4,435 43.9400 194,874
2014-11-06 BLKB Moye Joseph D 3,366 45.0000 3,366 45.0000 151,470
2013-11-25 BLKB Moye Joseph D 5,255 35.8400 5,255 35.8400 188,339
2013-11-07 BLKB Moye Joseph D 5,281 34.6200 5,281 34.6200 182,828

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

BLKB / Blackbaud, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Joseph D Moye 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
2015-02-23 2015-02-19 4 BLKB BLACKBAUD INC
Common Stock
S - Sale -3,236 13,839 -18.95 45.50 -147,238 629,674
2015-02-17 2015-02-17 4 BLKB BLACKBAUD INC
Common Stock
F - Taxes -1,337 17,075 -7.26 44.45 -59,430 758,984
2015-02-17 2015-02-13 4 BLKB BLACKBAUD INC
Common Stock
A - Award 4,573 18,412 33.04
2014-12-29 2014-12-29 4 BLKB BLACKBAUD INC
Common Stock
S - Sale X -3,533 13,839 -20.34 45.00 -158,985 622,755
2014-12-29 2014-12-26 4 BLKB BLACKBAUD INC
Common Stock
S - Sale X -200 17,372 -1.14 45.00 -9,000 781,740
2014-12-29 2014-12-24 4 BLKB BLACKBAUD INC
Stock Appreciation Right
M - Exercise X -10,978 21,956 -33.33
2014-12-29 2014-12-24 4 BLKB BLACKBAUD INC
Common Stock
S - Sale X -300 17,572 -1.68 45.00 -13,500 790,740
2014-12-29 2014-12-24 4 BLKB BLACKBAUD INC
Common Stock
F - Taxes -1,519 17,872 -7.83 45.00 -68,355 804,240
2014-12-29 2014-12-24 4 BLKB BLACKBAUD INC
Common Stock
D - Sale to Issuer -5,426 19,391 -21.86 45.00 -244,170 872,595
2014-12-29 2014-12-24 4 BLKB BLACKBAUD INC
Common Stock
M - Exercise 10,978 24,817 79.33 22.24 244,151 551,930
2014-12-29 2014-11-06 4/A BLKB BLACKBAUD INC
Performance Stock Appreciation Right
M - Exercise -9,148 18,307 -33.32
2014-11-26 2014-11-24 4 BLKB BLACKBAUD INC
Common Stock
S - Sale -900 13,839 -6.11 42.02 -37,818 581,515
2014-11-25 2014-11-07 4/A BLKB BLACKBAUD INC
Common Stock
F - Taxes -889 19,174 -4.43 44.97 -39,978 862,255
2014-11-25 2014-11-07 4/A BLKB BLACKBAUD INC
Common Stock
F - Taxes -1,121 20,063 -5.29 44.97 -50,411 902,233
2014-11-14 2014-11-12 4 BLKB BLACKBAUD INC
Common Stock
S - Sale -4,435 9,404 -32.05 43.94 -194,874 413,212
2014-11-12 2014-11-07 4 BLKB BLACKBAUD INC
Common Stock
F - Taxes -3,247 13,839 -19.00 44.97 -146,018 622,340
2014-11-12 2014-11-07 4 BLKB BLACKBAUD INC
Common Stock
F - Taxes -4,098 17,086 -19.34 44.97 -184,287 768,357
2014-11-10 2014-11-06 4 BLKB BLACKBAUD INC
Stock Appreciation Right
M - Exercise -9,148 23,786 -27.78
2014-11-10 2014-11-06 4 BLKB BLACKBAUD INC
Common Stock
S - Sale -3,366 21,184 -13.71 45.00 -151,470 953,280
2014-11-10 2014-11-06 4 BLKB BLACKBAUD INC
Common Stock
F - Taxes -1,268 24,550 -4.91 45.08 -57,161 1,106,714
2014-11-10 2014-11-06 4 BLKB BLACKBAUD INC
Common Stock
D - Sale to Issuer -4,514 25,818 -14.88 45.08 -203,491 1,163,875
2014-11-10 2014-11-06 4 BLKB BLACKBAUD INC
Common Stock
M - Exercise 9,148 30,332 43.18 22.24 203,452 674,584
2013-11-26 2013-11-25 4 BLKB BLACKBAUD INC
Common Stock
S - Sale -5,255 21,184 -19.88 35.84 -188,339 759,235
2013-11-26 2012-11-06 4/A BLKB BLACKBAUD INC
Common Stock
A - Award 16,393 16,393
2013-11-21 2013-11-19 4 BLKB BLACKBAUD INC
Common Stock
G - Gift -700 26,439 -2.58
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Stock Appreciation Right
M - Exercise -10,977 32,934 -25.00
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Performance Stock Appreciation Right
M - Exercise -9,148 27,455 -24.99
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Common Stock
S - Sale -5,281 27,139 -16.29 34.62 -182,828 939,552
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Common Stock
F - Taxes -1,085 32,420 -3.24 34.82 -37,780 1,128,864
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Common Stock
D - Sale to Issuer -7,012 33,505 -17.31 34.82 -244,158 1,166,644
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Common Stock
M - Exercise 10,977 40,517 37.16 22.24 244,128 901,098
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Common Stock
F - Taxes -904 29,540 -2.97 34.82 -31,477 1,028,583
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Common Stock
D - Sale to Issuer -5,843 30,444 -16.10 34.82 -203,453 1,060,060
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Common Stock
M - Exercise 9,148 36,287 33.71 22.24 203,452 807,023
2013-11-08 2013-11-07 4 BLKB BLACKBAUD INC
Common Stock
F - Taxes -2,242 27,139 -7.63 35.70 -80,039 968,862
2013-11-08 2013-11-06 4 BLKB BLACKBAUD INC
Common Stock
A - Award 12,988 29,381 79.23
2012-11-13 2012-11-06 4 BLKB BLACKBAUD INC
Performance Stock Appreciation Right
A - Award 36,603 36,603
2012-11-13 2012-11-06 4 BLKB BLACKBAUD INC
Stock Appreciation Right
A - Award 43,901 43,901
2012-11-13 2012-11-06 4 BLKB BLACKBAUD INC
Common Stock
A - Award 16,393 16,393
2012-11-13 3 BLKB BLACKBAUD INC
No securities beneficially owned
0
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)