Fred F Sharpe - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Fred F Sharpe. 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

Companies with Reported Insider Positions

The SEC filings indicate Fred F Sharpe has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Fred F Sharpe. 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 RNST / Renasant Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in RNST / Renasant Corporation. 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 (%)
2018-11-05	RNST	Sharpe Fred F	1,000	35.4500	1,000	35.4500	35,450	107	38.9000	3,450	9.73
2018-01-19	RNST	Sharpe Fred F	2,000	43.8000	2,000	43.8000	87,600
2017-08-11	RNST	Sharpe Fred F	2,000	39.5500	2,000	39.5500	79,100
2017-07-28	RNST	Sharpe Fred F	2,000	42.3300	2,000	42.3300	84,660
2017-07-24	RNST	Sharpe Fred F	1,000	42.3500	1,000	42.3500	42,350
2017-07-24	RNST	Sharpe Fred F	1,000	42.3600	1,000	42.3600	42,360
2017-07-24	RNST	Sharpe Fred F	1,000	42.3700	1,000	42.3700	42,370
2017-07-24	RNST	Sharpe Fred F	1,000	42.3500	1,000	42.3500	42,350
2016-12-30	RNST	Sharpe Fred F	146	39.9200	146	39.9200	5,813
2016-10-21	RNST	Sharpe Fred F	2,000	33.7000	2,000	33.7000	67,400
2016-09-30	RNST	Sharpe Fred F	206	33.6700	206	33.6700	6,938
2016-09-30	RNST	Sharpe Fred F	2	33.6300	2	33.6300	60
2016-08-29	RNST	Sharpe Fred F	1,000	35.1200	1,000	35.1200	35,120
2016-06-30	RNST	Sharpe Fred F	176	33.3100	176	33.3100	5,876
2016-06-30	RNST	Sharpe Fred F	1	32.3300	1	32.3300	28
2016-03-31	RNST	Sharpe Fred F	157	30.9600	157	30.9600	4,874
2016-01-22	RNST	Sharpe Fred F	500	30.5500	500	30.5500	15,275
2015-12-07	RNST	Sharpe Fred F	1,000	35.8000	1,000	35.8000	35,800
2015-10-26	RNST	Sharpe Fred F	500	34.8700	500	34.8700	17,435
2015-10-26	RNST	Sharpe Fred F	700	34.9100	700	34.9100	24,437
2015-10-26	RNST	Sharpe Fred F	500	34.8900	500	34.8900	17,445

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

Insider Sales RNST / Renasant Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in RNST / Renasant Corporation. 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 (%)
2016-12-07	RNST	Sharpe Fred F	1,853	42.0000	1,853	42.0000	77,826	274	37.9100	-7,579	-9.74
2016-11-14	RNST	Sharpe Fred F	3,000	39.7000	3,000	39.7000	119,100
2016-11-14	RNST	Sharpe Fred F	926	39.6100	926	39.6100	36,679
2016-11-14	RNST	Sharpe Fred F	3,000	39.8800	3,000	39.8800	119,640

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

Insider Trading History

This table shows the complete list of insider trades made by Fred F Sharpe as disclosed to the Securities Exchange Commission (SEC).