Introduction

This page provides a comprehensive analysis of the known insider trading history of Third Point Partners Lp. 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.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Third Point Partners Lp has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:GRBK / Green Brick Partners, Inc. 10% Owner 942,789
US:ENPH / Enphase Energy, Inc. 10% Owner 423,684
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Third Point Partners Lp. 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 Trading History

This table shows the complete list of insider trades made by Third Point Partners Lp 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
2018-06-26 2018-06-26 4 GRBK Green Brick Partners, Inc.
Common Stock 		S - Sale -7,140,233 942,789 -88.34 9.07 -64,779,764 8,553,453
2017-12-08 2017-12-06 4 GRBK Green Brick Partners, Inc.
Common Stock 		J - Other 0 8,083,022 0.00 11.10 89,721,544
2016-04-12 2016-04-08 4 GRBK Green Brick Partners, Inc.
Common Stock 		J - Other 0 8,083,022 0.00 7.20 58,197,758
2014-10-21 2014-10-17 4 BIOF BioFuel Energy Corp.
Subscription Rights ("right to buy") 		X - Other -2,341,294 0 -100.00
2014-10-21 2014-10-17 4 BIOF BioFuel Energy Corp.
Subscription Rights ("right to buy") 		X - Other -88,718 0 -100.00
2014-10-21 2014-10-17 4 BIOF BioFuel Energy Corp.
Common Stock, par value $0.01 per share 		X - Other 2,341,294 3,384,420 224.45 5.00 11,706,470 16,922,100
2014-10-21 2014-10-17 4 BIOF BioFuel Energy Corp.
Common Stock, par value $0.01 per share ("Common Stock") 		X - Other 88,718 99,943 790.36 5.00 443,590 499,715
2014-08-21 2014-08-19 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		S - Sale -81,360 423,684 -16.11 10.27 -835,486 4,350,811
2014-08-21 2014-08-19 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		S - Sale -1,200,000 6,248,987 -16.11 10.27 -12,322,800 64,170,848
2013-11-22 2013-11-21 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		J - Other 190,100 7,448,987 2.62 6.83 1,298,383 50,876,581
2012-08-31 2012-08-30 4 BIOF BioFuel Energy Corp.
Common Stock, par value $0.01 per share 		J - Other 34,691 1,043,123 3.44
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
9% Junior Convertible Secured Notes due 2014 		C - Conversion 0
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Series E Convertible Preferred Stock 		C - Conversion -757,357 0 -100.00
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Series D Convertible Preferred Stock 		C - Conversion -1,818,659 0 -100.00
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Series C Convertible Preferred Stock 		C - Conversion -423,656 0 -100.00
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Series B Convertible Preferred Stock 		C - Conversion -714,819 0 -100.00
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
9% Junior Convertible Secured Notes due 2014 		C - Conversion 0
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Series E Convertible Preferred Stock 		C - Conversion -71,734 0 -100.00
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Series D Convertible Preferred Stock 		C - Conversion -117,161 0 -100.00
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Series C Convertible Preferred Stock 		C - Conversion -50,406 0 -100.00
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Series B Convertible Preferred Stock 		C - Conversion -83,118 0 -100.00
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		P - Purchase 163,091 7,258,829 2.30 6.00 978,546 43,552,974
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		P - Purchase 140,953 7,095,738 2.03 6.00 845,718 42,574,428
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		P - Purchase 27,371 6,954,785 0.40 6.00 164,226 41,728,710
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		P - Purchase 432,473 6,927,414 6.66 6.00 2,594,838 41,564,484
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 577,227 6,494,941 9.75
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 757,357 5,917,714 14.68
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 1,818,659 5,160,357 54.42
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 1,065,071 3,341,698 46.78
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 1,356,727 2,276,627 147.49
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 31,663 505,037 6.69
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 71,734 473,374 17.86
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 117,161 401,640 41.18
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 126,721 284,479 80.33
2012-04-10 2012-04-04 4/A ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 157,758 157,758
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Series B Convertible Preferred Stock 		C - Conversion -83,118 0 -100.00
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
9% Junior Convertible Secured Notes due 2014 		C - Conversion 0
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
9% Junior Convertible Secured Notes due 2014 		C - Conversion 0
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Series E Convertible Preferred Stock 		C - Conversion -757,357 0 -100.00
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Series D Convertible Preferred Stock 		C - Conversion -1,818,659 0 -100.00
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Series C Convertible Preferred Stock 		C - Conversion -423,656 0 -100.00
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Series B Convertible Preferred Stock 		C - Conversion -714,819 0 -100.00
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Series E Convertible Preferred Stock 		C - Conversion -71,734 0 -100.00
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Series D Convertible Preferred Stock 		C - Conversion -117,161 0 -100.00
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Series C Convertible Preferred Stock 		C - Conversion -50,406 0 -100.00
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		P - Purchase 163,091 7,258,829 2.30 6.00 978,546 43,552,974
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		P - Purchase 140,953 7,095,738 2.03 6.00 845,718 42,574,428
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		P - Purchase 27,371 6,954,785 0.40 6.00 164,226 41,728,710
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		P - Purchase 432,473 6,927,414 6.66 6.00 2,594,838 41,564,484
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 577,227 6,494,941 9.75
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 757,357 5,917,714 14.68
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 1,818,659 5,160,357 54.42
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 1,065,071 3,341,698 46.78
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 1,356,727 2,276,627 147.49
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 31,663 505,037 6.69
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 71,734 473,374 17.86
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 117,161 401,640 41.18
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 126,721 284,479 80.33
2012-04-05 2012-04-04 4 ENPH Enphase Energy, Inc.
Common Stock, $0.00001 par value 		C - Conversion 157,758 157,758
2009-01-22 2008-12-29 4 BIOF BioFuel Energy Corp.
Units 		C - Conversion -4,328,800 0 -100.00
2009-01-22 2008-12-29 4 BIOF BioFuel Energy Corp.
Units 		C - Conversion -224,484 0 -100.00
2009-01-22 2008-12-29 4 BIOF BioFuel Energy Corp.
Common Stock, par value $0.01 per share 		C - Conversion 4,328,800 5,578,800 346.30
2009-01-22 2008-12-29 4 BIOF BioFuel Energy Corp.
Common Stock, par value $0.01 per share 		C - Conversion 224,484 224,484
2007-06-21 2007-06-19 4 BIOF BioFuel Energy Corp.
Stock Option (right to buy) 		A - Award 5,000 5,000
2007-06-21 2007-06-19 4 BIOF BioFuel Energy Corp.
Common Stock, par value $0.01 per share 		P - Purchase 1,250,000 1,250,000 10.50 13,125,000 13,125,000
2007-06-21 2007-06-19 4 BIOF BioFuel Energy Corp.
Common Stock, par value $0.01 per share 		A - Award 7,500 7,500
2007-06-13 3 BIOF BioFuel Energy Corp.
Class B Common Stock 		224,484
2007-06-13 3 BIOF BioFuel Energy Corp.
Class B Common Stock 		4,553,284
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)