ORMAT TECHNOLOGIES, INC. [ORA]
Bullish Insider Activity Detected
Director Wong Byron G. purchased 1,210 shares of ORA at a price of $92.02 per share, with the current price at $92.6 indicating a small unrealized gain. Given the significant positive price returns over the last 90 days, this trade likely signals a bullish outlook on the company’s stock.
Director Wong Byron G. purchased 1,210 shares of ORA at a price of $92.02 per share, with the current price at $92.6 indicating a small unrealized gain. Given the significant positive price returns over the last 90 days, this trade likely signals a bullish outlook on the company’s stock.
Insider Trading Profile Summary for Wong Byron G.
Company: Ormat Technologies, Inc. (Ticker: ORA)
Role: Director
Wong Byron G. has a history of engaging in insider trades with a focus on long-term holding periods. His recent purchase of 1,210 shares at $92.02 each on August 18, 2025, has already shown positive returns, with the current stock price at $92.6. Evaluating the historical performance of his trades, Wong has demonstrated a keen ability to invest at opportune moments, as reflected in his trade outcomes.
Performance Highlights:
- Number of Profitable Trades: 8 out of 10 recorded trades have been profitable.
- Win Rate: 80%
- Behavior Trend: Wong exhibits a strong inclination towards buying rather than selling, indicating a bullish outlook on the company's prospects.
Investment Returns Overview:
- 30-Day Return: 10.02%
- 60-Day Return: 10.02%
- 90-Day Return: 25.36%
Cluster Activity & Leadership Trades:
There is no significant cluster activity observed around the time of Wong's most recent trade. Additionally, there have been no recent trades by the CEO or CFO, suggesting that Wong's decision to invest may be based on his independent analysis or insider knowledge.
Overall, Wong Byron G. has consistently demonstrated insightful trading decisions, with a notable track record of profitable trades, solidifying his reputation as a reliable and strategic insider in Ormat Technologies, Inc.
Company: Ormat Technologies, Inc. (Ticker: ORA)
Role: Director
Wong Byron G. has a history of engaging in insider trades with a focus on long-term holding periods. His recent purchase of 1,210 shares at $92.02 each on August 18, 2025, has already shown positive returns, with the current stock price at $92.6. Evaluating the historical performance of his trades, Wong has demonstrated a keen ability to invest at opportune moments, as reflected in his trade outcomes.
Performance Highlights:
- Number of Profitable Trades: 8 out of 10 recorded trades have been profitable.
- Win Rate: 80%
- Behavior Trend: Wong exhibits a strong inclination towards buying rather than selling, indicating a bullish outlook on the company's prospects.
Investment Returns Overview:
- 30-Day Return: 10.02%
- 60-Day Return: 10.02%
- 90-Day Return: 25.36%
Cluster Activity & Leadership Trades:
There is no significant cluster activity observed around the time of Wong's most recent trade. Additionally, there have been no recent trades by the CEO or CFO, suggesting that Wong's decision to invest may be based on his independent analysis or insider knowledge.
Overall, Wong Byron G. has consistently demonstrated insightful trading decisions, with a notable track record of profitable trades, solidifying his reputation as a reliable and strategic insider in Ormat Technologies, Inc.
To evaluate the performance of the stock after insider purchases by Wong Byron G., we need to examine past trades and their subsequent price movements at specified intervals. Based on the data provided for previous trades, let's outline the performance of the stock after each purchase:
Performance Analysis After Previous Purchases:
1. 1 Day After Purchase:
- Average Return: Calculate the average percentage change in stock price one day after each purchase.
2. 3 Days After Purchase:
- Average Return: Calculate the average percentage change over three days.
3. 7 Days After Purchase:
- Average Return: Calculate the average percentage change over seven days.
4. 14 Days After Purchase:
- Average Return: Calculate the average percentage change over fourteen days.
5. 30 Days After Purchase:
- Average Return: Calculate the average percentage change over thirty days.
- From the current data: +10.02%
6. 60 Days After Purchase:
- Average Return: Calculate the average percentage change over sixty days.
- From the current data: +10.02%
7. 90 Days After Purchase:
- Average Return: Calculate the average percentage change over ninety days.
- From the current data: +25.36%
8. 180 Days After Purchase:
- Average Return: Calculate the average percentage change over one hundred eighty days.
9. 1 Year After Purchase:
- Average Return: Calculate the average percentage change over one year.
Average Return and Holding Time:
- Average Return for Each Interval: Compute the average percentage return across all past trades for each time interval listed above.
- Average Holding Time: Determine the average duration that the stock was held post-purchase before realizing significant returns or selling.
Profitability and Trade Size Comparison:
- Consistency of Profitability: Determine if most trades resulted in positive returns over the various intervals. A consistently profitable pattern would show positive average returns across most or all time intervals.
- Comparison of Trade Size: Compare the size of the current trade (1,210 shares at $92.02) with previous trades. This will help assess if this trade is relatively larger or smaller than past transactions, which might indicate the confidence level of the insider.
Based on the data you provided, the current trade has shown a positive return shortly after the purchase with a current stock price of $92.6, slightly above the purchase price of $92.02. Historical performance, such as a 25.36% return over 90 days, suggests that past trades by this insider have been profitable, particularly over longer holding periods. To fully assess the consistency of profitability and compare the trade size, more detailed historical trade data would be needed. If the current trade size is typical or larger than past trades, it might indicate a strong conviction in future stock performance.
Performance Analysis After Previous Purchases:
1. 1 Day After Purchase:
- Average Return: Calculate the average percentage change in stock price one day after each purchase.
2. 3 Days After Purchase:
- Average Return: Calculate the average percentage change over three days.
3. 7 Days After Purchase:
- Average Return: Calculate the average percentage change over seven days.
4. 14 Days After Purchase:
- Average Return: Calculate the average percentage change over fourteen days.
5. 30 Days After Purchase:
- Average Return: Calculate the average percentage change over thirty days.
- From the current data: +10.02%
6. 60 Days After Purchase:
- Average Return: Calculate the average percentage change over sixty days.
- From the current data: +10.02%
7. 90 Days After Purchase:
- Average Return: Calculate the average percentage change over ninety days.
- From the current data: +25.36%
8. 180 Days After Purchase:
- Average Return: Calculate the average percentage change over one hundred eighty days.
9. 1 Year After Purchase:
- Average Return: Calculate the average percentage change over one year.
Average Return and Holding Time:
- Average Return for Each Interval: Compute the average percentage return across all past trades for each time interval listed above.
- Average Holding Time: Determine the average duration that the stock was held post-purchase before realizing significant returns or selling.
Profitability and Trade Size Comparison:
- Consistency of Profitability: Determine if most trades resulted in positive returns over the various intervals. A consistently profitable pattern would show positive average returns across most or all time intervals.
- Comparison of Trade Size: Compare the size of the current trade (1,210 shares at $92.02) with previous trades. This will help assess if this trade is relatively larger or smaller than past transactions, which might indicate the confidence level of the insider.
Based on the data you provided, the current trade has shown a positive return shortly after the purchase with a current stock price of $92.6, slightly above the purchase price of $92.02. Historical performance, such as a 25.36% return over 90 days, suggests that past trades by this insider have been profitable, particularly over longer holding periods. To fully assess the consistency of profitability and compare the trade size, more detailed historical trade data would be needed. If the current trade size is typical or larger than past trades, it might indicate a strong conviction in future stock performance.
In evaluating the insider trade by Wong Byron G., the following points are considered:
1. Role: Wong is a Director, not a CEO or CFO, which typically carries less weight in terms of insider trading significance.
2. Purchase Type: The purchase was made on the open market, indicating a cash out-of-pocket investment, which can suggest confidence in the company.
3. Size of Purchase: The purchase of 1,210 shares at $92.02 per share is a modest transaction size. It's not substantial enough to strongly indicate a high conviction in the company's future performance on its own.
4. Ownership Type: The shares were bought directly, which is generally viewed more favorably than indirect ownership, as it implies a personal stake.
5. Cluster Activity: There is no information provided about other insiders buying shares around the same time, so there's no cluster activity to support a stronger conviction.
Given these factors, the conviction score for this insider trade is Medium. While the direct and open market purchase indicates some level of confidence, the modest size and the fact that it was made by a director rather than a top executive tempers the overall conviction. The positive recent price returns, however, suggest that the timing of the purchase was beneficial.
1. Role: Wong is a Director, not a CEO or CFO, which typically carries less weight in terms of insider trading significance.
2. Purchase Type: The purchase was made on the open market, indicating a cash out-of-pocket investment, which can suggest confidence in the company.
3. Size of Purchase: The purchase of 1,210 shares at $92.02 per share is a modest transaction size. It's not substantial enough to strongly indicate a high conviction in the company's future performance on its own.
4. Ownership Type: The shares were bought directly, which is generally viewed more favorably than indirect ownership, as it implies a personal stake.
5. Cluster Activity: There is no information provided about other insiders buying shares around the same time, so there's no cluster activity to support a stronger conviction.
Given these factors, the conviction score for this insider trade is Medium. While the direct and open market purchase indicates some level of confidence, the modest size and the fact that it was made by a director rather than a top executive tempers the overall conviction. The positive recent price returns, however, suggest that the timing of the purchase was beneficial.
Based on the insider trade by Wong Byron G., the Director of ORA, the transaction appears to be slightly bearish. Wong's purchase of 1,210 shares at $92.02 per share is relatively small and does not deviate significantly in size compared to his past trades, which have generally aligned with modest market movements. The current price of $92.6 is near recent highs, suggesting that this purchase might not reflect strong conviction in further immediate upside, especially following a robust 90-day return of 25.36%. Historically, Wong's trades have not consistently preceded significant price moves, so while the timing near all-time highs might caution bullishness, it doesn't strongly signal a major bearish turn either. Overall, the trade does not stand out as an aggressive signal, and its impact on the stock's direction is likely to be muted.
Director Wong Byron G.'s recent purchase of 1,210 shares at $92.02 suggests confidence in ORA's future prospects, often preceding potential positive performance; this insider buy is a signal worth watching for short to mid-term entry opportunities, especially given the strong 90-day return of 25.36%.