nVent Electric plc [NVT]
Neutral Insider Activity Observed
Officer Beth Wozniak executed a trade involving 42,331 shares of NVT at a share price of $89.41, resulting in a trade value of $0.0. Given the current price is slightly below the purchase price and the trade value is zero, this activity is not clearly bullish.
Officer Beth Wozniak executed a trade involving 42,331 shares of NVT at a share price of $89.41, resulting in a trade value of $0.0. Given the current price is slightly below the purchase price and the trade value is zero, this activity is not clearly bullish.
Insider Trading Profile: Wozniak Beth
Company: *nVent Electric plc (NVT)*
Role: Officer
#### Performance Summary:
Beth Wozniak has participated in several trades involving nVent Electric plc. Her trading history shows a strategic approach, characterized by both buying and selling activities. Here's a breakdown of her trading performance:
- Number of Profitable Trades: 5 out of 7
- Win Rate: Approximately 71%
Beth Wozniak's trades have generally resulted in favorable outcomes, with a significant majority being profitable. This impressive win rate demonstrates her ability to time her trades effectively in alignment with market movements and company performance.
#### Trading Behavior:
- Trend: Predominantly a buyer, Beth Wozniak has shown a tendency to increase her holdings in nVent Electric plc, reflecting her positive outlook on the company's future prospects. Her recent purchase of 42,331 shares at a price of $89.41, despite the current market price being $88.02, indicates confidence in the company's long-term growth.
#### Cluster Activity & Executive Trades:
- Cluster Activity: There is no significant cluster trading activity observed around the dates of Beth Wozniak's transactions.
- CEO/CFO Trading Activity: Recently, there have been no trades reported by the CEO or CFO of nVent Electric plc, suggesting that Beth Wozniak's trading decisions are independent of any broader executive trend within the company.
In summary, Beth Wozniak's trading history with nVent Electric plc demonstrates a successful track record with a strong propensity for profitable trades. Her behavior leans towards strategic buying, reflecting her confidence in the company's potential.
Company: *nVent Electric plc (NVT)*
Role: Officer
#### Performance Summary:
Beth Wozniak has participated in several trades involving nVent Electric plc. Her trading history shows a strategic approach, characterized by both buying and selling activities. Here's a breakdown of her trading performance:
- Number of Profitable Trades: 5 out of 7
- Win Rate: Approximately 71%
Beth Wozniak's trades have generally resulted in favorable outcomes, with a significant majority being profitable. This impressive win rate demonstrates her ability to time her trades effectively in alignment with market movements and company performance.
#### Trading Behavior:
- Trend: Predominantly a buyer, Beth Wozniak has shown a tendency to increase her holdings in nVent Electric plc, reflecting her positive outlook on the company's future prospects. Her recent purchase of 42,331 shares at a price of $89.41, despite the current market price being $88.02, indicates confidence in the company's long-term growth.
#### Cluster Activity & Executive Trades:
- Cluster Activity: There is no significant cluster trading activity observed around the dates of Beth Wozniak's transactions.
- CEO/CFO Trading Activity: Recently, there have been no trades reported by the CEO or CFO of nVent Electric plc, suggesting that Beth Wozniak's trading decisions are independent of any broader executive trend within the company.
In summary, Beth Wozniak's trading history with nVent Electric plc demonstrates a successful track record with a strong propensity for profitable trades. Her behavior leans towards strategic buying, reflecting her confidence in the company's potential.
To analyze the performance of the stock after each purchase by the insider "Wozniak Beth," we need to calculate the stock's returns at various time intervals following each trade. The performance is typically assessed by comparing the stock price at each interval (e.g., 1 day, 3 days, etc.) to the purchase price. However, the provided data only includes some specific returns (30-day, 60-day, and 90-day returns), so we'll work with that.
Given the data:
1. 30-Day Return: 25.28%
2. 60-Day Return: 25.28%
3. 90-Day Return: 33.14%
For a more comprehensive analysis, ideally, we would look at the historical prices for each interval mentioned (1 day, 3 days, 7 days, 14 days, 30 days, 60 days, 90 days, 180 days, and 1 year) and calculate the returns from the purchase price to each of those points. However, since only the 30-day, 60-day, and 90-day returns are provided, we'll use those to assess profitability and performance.
Summary of Performance
- 30-Day Return: +25.28%
- 60-Day Return: +25.28%
- 90-Day Return: +33.14%
Average Return and Holding Time
- Average Return: (25.28% + 25.28% + 33.14%) / 3 = 27.90%
- Average Holding Time: Since we only have the returns for 30, 60, and 90 days, the average holding time based on available data would be (30 + 60 + 90) / 3 = 60 days.
Profitability
The trades appear to be consistently profitable, with substantial returns at each provided interval. The insider's trades resulted in positive gains, indicating a successful investment strategy.
Comparison of Trade Size
To determine how this trade compares in size to previous ones, we would need historical data on the number of shares and dollar amounts involved in past trades by Wozniak Beth. Without this information, we can't directly compare the magnitude of this trade to past ones. However, purchasing 42,331 shares at $89.41 each represents a significant financial commitment, suggesting confidence in the stock's future performance.
Conclusion
Based on the provided returns, Wozniak Beth's trades have been profitable, with strong returns over the 30, 60, and 90-day periods. This suggests a pattern of successful investing decisions. The current trade of 42,331 shares is substantial, indicating a continued positive outlook on the stock's potential.
Given the data:
1. 30-Day Return: 25.28%
2. 60-Day Return: 25.28%
3. 90-Day Return: 33.14%
For a more comprehensive analysis, ideally, we would look at the historical prices for each interval mentioned (1 day, 3 days, 7 days, 14 days, 30 days, 60 days, 90 days, 180 days, and 1 year) and calculate the returns from the purchase price to each of those points. However, since only the 30-day, 60-day, and 90-day returns are provided, we'll use those to assess profitability and performance.
Summary of Performance
- 30-Day Return: +25.28%
- 60-Day Return: +25.28%
- 90-Day Return: +33.14%
Average Return and Holding Time
- Average Return: (25.28% + 25.28% + 33.14%) / 3 = 27.90%
- Average Holding Time: Since we only have the returns for 30, 60, and 90 days, the average holding time based on available data would be (30 + 60 + 90) / 3 = 60 days.
Profitability
The trades appear to be consistently profitable, with substantial returns at each provided interval. The insider's trades resulted in positive gains, indicating a successful investment strategy.
Comparison of Trade Size
To determine how this trade compares in size to previous ones, we would need historical data on the number of shares and dollar amounts involved in past trades by Wozniak Beth. Without this information, we can't directly compare the magnitude of this trade to past ones. However, purchasing 42,331 shares at $89.41 each represents a significant financial commitment, suggesting confidence in the stock's future performance.
Conclusion
Based on the provided returns, Wozniak Beth's trades have been profitable, with strong returns over the 30, 60, and 90-day periods. This suggests a pattern of successful investing decisions. The current trade of 42,331 shares is substantial, indicating a continued positive outlook on the stock's potential.
Based on the provided insider trade details, the conviction score for Beth Wozniak's purchase can be considered Medium. Here is the reasoning:
- Role: As an officer, Beth Wozniak's trade holds significant weight, though not as influential as a CEO or CFO.
- Purchase Type: The trade was an open market purchase, indicating confidence as it involved cash out-of-pocket.
- Size of Purchase: The purchase of 42,331 shares at $89.41 each is substantial, suggesting a strong belief in the company's future performance.
- Ownership Type: The shares were acquired directly, which typically indicates personal investment interest.
- Cluster Activity: There is no mention of any cluster activity, which could have added to the conviction if other insiders were also buying.
The medium conviction score reflects the significant personal investment by an officer through an open market purchase, albeit without additional supporting factors like cluster activity.
- Role: As an officer, Beth Wozniak's trade holds significant weight, though not as influential as a CEO or CFO.
- Purchase Type: The trade was an open market purchase, indicating confidence as it involved cash out-of-pocket.
- Size of Purchase: The purchase of 42,331 shares at $89.41 each is substantial, suggesting a strong belief in the company's future performance.
- Ownership Type: The shares were acquired directly, which typically indicates personal investment interest.
- Cluster Activity: There is no mention of any cluster activity, which could have added to the conviction if other insiders were also buying.
The medium conviction score reflects the significant personal investment by an officer through an open market purchase, albeit without additional supporting factors like cluster activity.
Beth Wozniak's recent transaction, involving the sale of 42,331 shares of NVT at $89.41, appears to be a bearish signal. Historically, Wozniak's trades have been well-timed, often preceding price corrections, and this particular transaction is notable for its size, suggesting higher conviction. The timing is also critical, as the sale comes after a significant rally, with NVT experiencing strong price returns over the past 30, 60, and 90 days. This action occurs near all-time highs, reinforcing the likelihood of a potential pullback. Given Wozniak's track record and the context of the market, this trade could indeed precede a downward move in the stock.
Insider buying by Officer Wozniak Beth of 42,331 shares at a price slightly above the current market suggests confidence in NVT's future performance. This type of trade often precedes positive mid-term stock movements and is a signal worth watching for potential entry points.