Alto Ingredients, Inc.
US ˙ NasdaqCM ˙ US0215131063

Introduction

This page provides a comprehensive analysis of the known insider trading history of Christopher W Wright. 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 Christopher W Wright has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:ALTO / Alto Ingredients, Inc. 72,325
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Christopher W Wright. 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 ALTO / Alto Ingredients, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ALTO / Alto Ingredients, 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 (%)
2015-11-17 PEIX Wright Christopher W 2,750 4.0000 2,750 4.0000 11,000 731
2015-08-20 PEIX Wright Christopher W 3,000 7.2500 3,000 7.2500 21,750
2013-11-20 PEIX Wright Christopher W 3,676 2.7280 3,676 2.7280 10,028

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

ALTO / Alto Ingredients, Inc. Insider Trades
Insider Sales ALTO / Alto Ingredients, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ALTO / Alto Ingredients, 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 (%)
2021-11-12 ALTO Wright Christopher W 65,532 5.7300 65,532 5.7300 375,498 362 3.5000 -146,136 -38.92
2021-06-02 ALTO Wright Christopher W 21,746 6.9600 21,746 6.9600 151,352
2020-12-01 PEIX Wright Christopher W 37,179 6.0150 37,179 6.0150 223,632
2020-08-18 PEIX Wright Christopher W 82,869 5.0000 82,869 5.0000 414,345
2016-12-13 PEIX Wright Christopher W 6,426 9.6000 6,426 9.6000 61,690
2016-06-09 PEIX Wright Christopher W 100 6.0250 100 6.0250 602
2016-06-09 PEIX Wright Christopher W 2,300 6.0200 2,300 6.0200 13,846
2016-06-09 PEIX Wright Christopher W 1,901 6.0100 1,901 6.0100 11,425
2016-06-09 PEIX Wright Christopher W 2,300 6.0000 2,300 6.0000 13,800
2016-06-09 PEIX Wright Christopher W 1,900 5.9900 1,900 5.9900 11,381
2016-06-09 PEIX Wright Christopher W 2,700 5.9800 2,700 5.9800 16,146
2016-06-09 PEIX Wright Christopher W 19,799 6.0000 19,799 6.0000 118,794
2012-03-01 PEIX Wright Christopher W 11,507 1.2300 11,507 1.2300 14,154
2012-03-01 PEIX Wright Christopher W 1,536 1.2300 1,536 1.2300 1,889
2012-03-01 PEIX Wright Christopher W 5,070 1.2400 5,070 1.2400 6,287

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

ALTO / Alto Ingredients, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Christopher W Wright 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
2022-06-08 2022-06-07 4 ALTO Alto Ingredients, Inc.
Common Stock
F - Taxes -9,830 72,325 -11.97 4.87 -47,872 352,223
2022-04-05 2022-04-01 4 ALTO Alto Ingredients, Inc.
Common Stock
F - Taxes -13,454 82,155 -14.07 6.93 -93,236 569,334
2022-04-01 2022-03-30 4 ALTO Alto Ingredients, Inc.
Common Stock
A - Award 15,000 95,609 18.61
2021-11-16 2021-11-12 4 ALTO Alto Ingredients, Inc.
Common Stock
S - Sale -65,532 80,609 -44.84 5.73 -375,498 461,890
2021-06-03 2021-06-02 4 ALTO Alto Ingredients, Inc.
Common Stock
S - Sale -21,746 146,653 -12.91 6.96 -151,352 1,020,705
2021-04-05 2021-04-01 4 ALTO Alto Ingredients, Inc.
Common Stock
F - Taxes -22,130 168,399 -11.62 5.66 -125,256 953,138
2021-03-25 2021-03-23 4 ALTO Alto Ingredients, Inc.
Common Stock
A - Award 37,852 190,529 24.79
2020-12-03 2020-12-01 4 PEIX Pacific Ethanol, Inc.
Employee Stock Option (Right to Buy)
M - Exercise -21,746 0 -100.00
2020-12-03 2020-12-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
M - Exercise 21,746 152,677 16.61 3.74 81,330 571,012
2020-12-01 2020-12-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -37,179 130,931 -22.12 6.02 -223,632 787,550
2020-08-20 2020-08-18 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -82,869 168,110 -33.02 5.00 -414,345 840,550
2020-07-28 2020-07-13 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 85,515 250,979 51.68
2020-04-03 2020-04-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
F - Taxes -15,863 165,464 -8.75 0.25 -3,966 41,366
2019-04-24 2019-04-22 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 57,500 181,327 46.44 1.12 64,400 203,086
2019-04-03 2019-04-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
F - Taxes -10,668 123,827 -7.93 0.95 -10,135 117,636
2018-06-18 2018-06-14 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 47,508 134,495 54.62
2018-04-03 2018-04-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
F - Taxes -3,587 86,987 -3.96 3.00 -10,761 260,961
2017-04-04 2017-04-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
F - Taxes -5,579 90,574 -5.80 6.85 -38,216 620,432
2017-03-17 2017-03-16 4 PEIX Pacific Ethanol, Inc.
Employee Stock Option (Right to Buy)
M - Exercise -10,000 21,746 -31.50
2017-03-17 2017-03-16 4 PEIX Pacific Ethanol, Inc.
Common Stock
M - Exercise 10,000 96,153 11.61 3.74 37,400 359,612
2017-03-17 2017-03-15 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 25,337 86,153 41.66
2016-12-14 2016-12-13 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -6,426 60,816 -9.56 9.60 -61,690 583,834
2016-06-17 2016-06-16 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 34,206 67,242 103.54
2016-06-09 2016-06-09 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -19,799 33,036 -37.47 6.00 -118,794 198,216
2016-06-09 2016-06-09 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -2,700 52,835 -4.86 5.98 -16,146 315,953
2016-06-09 2016-06-09 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -1,900 55,535 -3.31 5.99 -11,381 332,655
2016-06-09 2016-06-09 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -2,300 57,435 -3.85 6.00 -13,800 344,610
2016-06-09 2016-06-09 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -1,901 59,735 -3.08 6.01 -11,425 359,007
2016-06-09 2016-06-09 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -2,300 61,636 -3.60 6.02 -13,846 371,049
2016-06-09 2016-06-09 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -100 63,936 -0.16 6.02 -602 385,214
2016-04-05 2016-04-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
F - Taxes -4,055 64,036 -5.96 4.40 -17,842 281,758
2015-11-18 2015-11-17 4 PEIX Pacific Ethanol, Inc.
Common Stock
P - Purchase 2,750 68,091 4.21 4.00 11,000 272,364
2015-08-21 2015-08-20 4 PEIX Pacific Ethanol, Inc.
Common Stock
P - Purchase 3,000 65,341 4.81 7.25 21,750 473,722
2015-04-03 2015-04-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
F - Taxes -4,695 62,341 -7.00 11.15 -52,349 695,102
2015-03-19 2015-03-17 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 16,367 67,036 32.30
2014-06-20 2014-06-18 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 11,610 50,669 29.72
2014-04-02 2014-04-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
F - Taxes -3,775 39,059 -8.81 17.90 -67,572 699,156
2013-11-20 2013-11-20 4 PEIX Pacific Ethanol, Inc.
Common Stock
P - Purchase 3,676 42,834 9.39 2.73 10,028 116,851
2013-06-26 2013-06-24 4 PEIX Pacific Ethanol, Inc.
Stock Option (Right to Buy)
A - Award 31,746 31,746
2013-06-26 2013-06-24 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 15,556 39,158 65.91
2013-04-02 2013-04-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
F - Taxes -38,104 354,028 -9.72 0.31 -11,812 109,749
2013-03-22 2013-03-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
A - Award 350,000 392,132 830.72
2012-04-03 2011-08-01 4/A PEIX Pacific Ethanol, Inc.
Stock Option (Right to Buy)
A - Award 25,714 25,714
2012-03-01 2012-03-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -5,070 42,132 -10.74 1.24 -6,287 52,244
2012-03-01 2012-03-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -1,536 47,202 -3.15 1.23 -1,889 58,058
2012-03-01 2012-03-01 4 PEIX Pacific Ethanol, Inc.
Common Stock
S - Sale -11,507 48,738 -19.10 1.23 -14,154 59,948
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)