JoEllen Legg bought $50k of UTG
director at REAVES UTILITY INCOME FUND. 1,890 shares at an average of $26.46, traded Mar 25, 2024, filed Mar 27, 2024.
Score components
- +15RoleDirector
- +7Trade size$50k at market
- +8Relative to holdingsFirst purchase: no shares before this trade
- 0Price contextNear the top of the 52-week range
- 0ClusterNo other insider buying within 14 days
- 0Repeat buyingFirst buy in 90 days
- +5Track recordMedian 6-month excess return +8% over 3 past buys
What happened after comparable buys
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m -1.8%, 3m +4.5%, 6m +25.2%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001422288-24-000002, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Mar 25, 2024 | POpen-market purchase Reaves Utility Income Fund | +1,890 | $26.46 | $50k | 1,890 | Mar 27, 2024 |
Related signals
Other insiders at REAVES UTILITY INCOME FUND and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 16Weak | REAVES UTILITY INCOME FUND | Joseph Burns Rhame III other | $21k 500 shares | +4% | |
| 31Weak | REAVES UTILITY INCOME FUND | JoEllen Legg director | $25k 580 shares | +16% | |
| 24Weak | UTGbuy REAVES UTILITY INCOME FUND | Joseph Burns Rhame III other | $102k 2,700 shares | +25% | |
| 24Weak | UTGbuy REAVES UTILITY INCOME FUND | Joseph Burns Rhame III other | $102k 2,700 shares | +25% | |
| 23Weak | UTGbuy REAVES UTILITY INCOME FUND | JoEllen Legg director | $9,813 298 shares | +10% | |
| 23Weak | UTGbuy REAVES UTILITY INCOME FUND | JoEllen Legg director | $9,796 294 shares | +11% | |
| 18Weak | UTGbuy REAVES UTILITY INCOME FUND | JoEllen Legg director | $9,789 300 shares | +13% | |
| 23Weak | UTGbuy REAVES UTILITY INCOME FUND | JoEllen Legg director | $9,823 310 shares | +16% | |
| 43Moderate | UTGsell REAVES UTILITY INCOME FUND | Thomas Michael Grimes other | $360k 15,223 shares | -100% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.