TXNM Energy, Inc.
US ˙ NYSE ˙ US69349H1077

Introduction

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

Security Title Latest Reported Holdings
US:PNM / PNM Resources, Inc. SVP, UTILITY OPERATIONS 3,658
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Chris M Olson. 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 TXNM / TXNM Energy, Inc. - Short Term Profit Analysis

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

TXNM / TXNM Energy, Inc. Insider Trades
Insider Sales TXNM / TXNM 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 TXNM / TXNM 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 (%)
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.

TXNM / TXNM Energy, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Chris M Olson 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
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -546 3,658 -12.99
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -569 4,204 -11.92
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -592 4,773 -11.03
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -248 21,117 -1.16 46.11 -11,435 973,705
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 546 21,365 2.62
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -258 20,819 -1.22 46.11 -11,896 959,964
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 569 21,077 2.77
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -268 20,508 -1.29 46.11 -12,357 945,624
2022-03-09 2022-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 592 20,776 2.93
2022-03-03 2022-03-01 4 PNM PNM RESOURCES INC
Restricted Stock Rights
A - Award 1,927 5,365 56.05
2022-03-03 2022-03-01 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -2,441 20,184 -10.79 44.64 -108,966 901,014
2022-03-03 2022-03-01 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 5,183 22,625 29.72
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -332 3,438 -8.81
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -545 3,770 -12.63
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -570 4,315 -11.67
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Restricted Stock Rights
A - Award 1,778 4,885 57.23
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -151 17,442 -0.86 47.42 -7,160 827,100
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 332 17,593 1.92
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -247 17,261 -1.41 47.42 -11,713 818,517
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 545 17,508 3.21
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -258 16,963 -1.50 47.42 -12,234 804,385
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 570 17,221 3.42
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -3,311 16,651 -16.59 47.42 -157,008 789,590
2021-03-09 2021-03-05 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 7,131 19,962 55.58
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -570 3,107 -15.50
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -332 3,677 -8.28
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -328 4,009 -7.56
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -146 12,831 -1.13 51.83 -7,567 665,031
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 328 12,977 2.59
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -253 12,649 -1.96 51.83 -13,113 655,598
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 570 12,902 4.62
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -147 12,332 -1.18 51.83 -7,619 639,168
2020-03-10 2020-03-06 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 332 12,479 2.73
2020-03-05 2020-03-03 4 PNM PNM RESOURCES INC
Restricted Stock Rights
A - Award 1,636 4,337 60.57
2020-03-05 2020-03-03 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -3,097 12,147 -20.32 49.08 -152,001 596,175
2020-03-05 2020-03-03 4 PNM PNM RESOURCES INC
Common Stock
A - Award 6,844 15,244 81.48
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -333 2,701 -10.98
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -328 3,034 -9.76
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -1,036 3,362 -23.56
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -148 8,400 -1.73 44.94 -6,651 377,496
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 333 8,548 4.05
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -146 8,215 -1.75 44.94 -6,561 369,182
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 328 8,361 4.08
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -459 8,033 -5.41 44.94 -20,627 361,003
2019-03-08 2019-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 1,036 8,492 13.89
2019-03-06 2019-03-04 4 PNM PNM RESOURCES INC
Restricted Stock Rights
A - Award 1,709 4,398 63.56
2019-03-06 2019-03-04 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -609 7,456 -7.55 44.76 -27,259 333,731
2019-03-06 2019-03-04 4 PNM PNM RESOURCES INC
Common Stock
A - Award 1,375 8,065 20.55
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -329 2,689 -10.90
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -1,036 3,018 -25.56
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -751 4,054 -15.63
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -146 6,690 -2.14 35.10 -5,125 234,819
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 329 6,836 5.06
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -459 6,507 -6.59 35.10 -16,111 228,396
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 1,036 6,966 17.47
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -333 5,930 -5.32 35.10 -11,688 208,143
2018-03-09 2018-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 751 6,263 13.62
2018-03-06 2018-03-02 4 PNM PNM RESOURCES INC
Restricted Stock Rights
A - Award 997 4,805 26.18
2018-03-06 2018-03-02 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -416 5,512 -7.02 35.85 -14,914 197,605
2018-03-06 2018-03-02 4 PNM PNM RESOURCES INC
Common Stock
A - Award 944 5,928 18.94
2017-03-08 2017-03-07 4 PNM PNM RESOURCES INC
Restricted Stock Rights
M - Exercise -2,581 3,808 -40.40
2017-03-08 2017-03-07 4 PNM PNM RESOURCES INC
Common Stock
F - Taxes -1,197 4,984 -19.37 36.40 -43,571 181,418
2017-03-08 2017-03-07 4 PNM PNM RESOURCES INC
Common Stock
M - Exercise 2,581 6,181 71.69
2017-03-07 2017-03-03 4 PNM PNM RESOURCES INC
Restricted Stock Rights
A - Award 985 6,389 18.23
2017-03-03 3 PNM PNM RESOURCES INC
Common Stock
7,200
2017-03-03 3 PNM PNM RESOURCES INC
Common Stock
7,200
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)