Ennis, Inc.
US ˙ NYSE ˙ US2933891028

Introduction

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

Security Title Latest Reported Holdings
US:EBF / Ennis, Inc. 60,964
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Kenneth G Pritchett. 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 EBF / Ennis, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in EBF / Ennis, 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 (%)
2015-01-12 EBF PRITCHETT KENNETH G 1,372 12.8000 1,372 12.8000 17,562 324 20.7000 10,839 61.72
2012-08-13 EBF PRITCHETT KENNETH G 2,000 14.0335 2,000 14.0335 28,067
2012-08-02 EBF PRITCHETT KENNETH G 1,791 13.7730 1,791 13.7730 24,667
2012-08-02 EBF PRITCHETT KENNETH G 300 13.7799 300 13.7799 4,134
2012-08-01 EBF PRITCHETT KENNETH G 909 13.7866 909 13.7866 12,532
2012-07-26 EBF PRITCHETT KENNETH G 1,000 13.7960 1,000 13.7960 13,796

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

EBF / Ennis, Inc. Insider Trades
Insider Sales EBF / Ennis, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in EBF / Ennis, 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 (%)
2017-09-05 EBF PRITCHETT KENNETH G 2,916 18.8550 2,916 18.8550 54,981 245 17.8 -3,076 -5.60
2016-04-26 EBF PRITCHETT KENNETH G 100 19.9525 100 19.9525 1,995
2013-01-04 EBF PRITCHETT KENNETH G 3,500 15.4438 3,500 15.4438 54,053
2013-01-03 EBF PRITCHETT KENNETH G 7,500 15.5228 7,500 15.5228 116,421

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

EBF / Ennis, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Kenneth G Pritchett 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
2017-09-06 2017-09-05 4 EBF ENNIS, INC.
Common Stock
S - Sale -2,916 60,964 -4.56 18.86 -54,981 1,149,476
2016-04-28 2016-04-22 4 EBF ENNIS, INC.
Common Stock
A - Award 2,547 63,880 4.15
2016-04-27 2016-04-26 4 EBF ENNIS, INC.
Common Stock
S - Sale -100 61,333 -0.16 19.95 -1,995 1,223,747
2015-04-21 2015-04-17 4 EBF ENNIS, INC.
Common Stock
A - Award 3,652 61,433 6.32
2015-01-13 2015-01-12 4 EBF ENNIS, INC.
Common Stock
P - Purchase 1,372 57,781 2.43 12.80 17,562 739,597
2014-04-22 2014-04-17 4 EBF ENNIS, INC.
Common Stock
A - Award 3,169 56,409 5.95
2013-04-23 2013-04-19 4 EBF ENNIS, INC.
Common Stock
A - Award 3,203 53,240 6.40
2013-01-07 2013-01-04 4 EBF ENNIS, INC.
Common Stock
S - Sale -3,500 50,037 -6.54 15.44 -54,053 772,761
2013-01-04 2013-01-03 4 EBF ENNIS, INC.
Common Stock
S - Sale -7,500 53,537 -12.29 15.52 -116,421 831,044
2012-08-13 2012-08-13 4 EBF ENNIS, INC.
Common Stock
P - Purchase 2,000 2,000 14.03 28,067 28,067
2012-08-03 2012-08-02 4 EBF ENNIS, INC.
Common Stock
P - Purchase 300 61,037 0.49 13.78 4,134 841,084
2012-08-03 2012-08-02 4 EBF ENNIS, INC.
Common Stock
P - Purchase 1,791 60,737 3.04 13.77 24,667 836,531
2012-08-03 2012-08-01 4 EBF ENNIS, INC.
Common Stock
P - Purchase 909 58,946 1.57 13.79 12,532 812,665
2012-07-26 2012-07-26 4 EBF ENNIS, INC.
Common Stock
P - Purchase 1,000 58,037 1.75 13.80 13,796 800,678
2012-04-26 2012-04-24 4 EBF ENNIS, INC.
Common Stock
A - Award 2,925 57,037 5.41
2012-01-19 2012-01-17 4 EBF ENNIS, INC.
NQSO (Right-to-Buy)
M - Exercise -1,250 10,000 -11.11 13.28 -16,600 132,800
2012-01-19 2012-01-17 4 EBF ENNIS, INC.
Common Stock
M - Exercise 1,250 54,112 2.36 13.28 16,600 718,607
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)