Home / Insider News / AXDX
Insider Buy Mega Buy ($1M+) May 1, 2020

SCHULER JACK W purchased ~$2.0M in Accelerate Diagnostics, Inc. stock

Accelerate Diagnostics, Inc. (AXDX)  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+45.2%

vs SPY +15.1%

AXDX price after insider trade by SCHULER JACK W

Insider

SCHULER JACK W

Role

Transaction

Open-Market Purchase

Approx. Value

~$2.0M

Trade Date

May 1, 2020

Company

Accelerate Diagnostics, Inc.

Ticker

AXDX

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$2.0M purchase

Trades over $1M are rare. When insiders put this much of their own money on the line, they tend to have high conviction in their company's direction.

+45.2% in 90 days (S&P 500: +15.1%)

This trade beat the S&P 500 by 30.1 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.

SJ

How good is SCHULER JACK W at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record

On May 1, 2020, SCHULER JACK W — a corporate insider at Accelerate Diagnostics, Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$2.0M in Accelerate Diagnostics, Inc. (AXDX) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, AXDX returned +45.2% versus +15.1% for the S&P 500 over the same period.

Full Conviction Analysis

Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.

Upgrade to Trader

Get notified the next time SCHULER JACK W trades

Free alerts · No credit card · Instant notification

Set free alert

All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$2.0M
Insider role Insider
90-day return +45.2%
vs S&P 500 +30.1%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

Never miss a signal

Get notified when high-conviction insiders buy. Free account, no credit card.

Sign up free