Home / Insider News / FIX
Insider Sale Insider Sale May 3, 2021

Lane Brian E. sold ~$6.2M in Comfort Systems USA, Inc. stock

Comfort Systems USA, Inc. (FIX)  ·  President/Chief Executive Off.  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

-13.8%

vs SPY +5.0%

FIX price after insider trade by Lane Brian E.

Insider

Lane Brian E.

Role

President/Chief Executive Off.

Transaction

Open-Market Sale

Approx. Value

~$6.2M

Trade Date

May 3, 2021

Company

Comfort Systems USA, Inc.

Ticker

FIX

Source

SEC EDGAR Form 4

Strong conviction signal

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

~$6.2M sale

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.

President/Chief Executive Off.

CEOs have the deepest knowledge of company operations. Academic research shows CEO purchases outperform other insider trades by a wide margin.

5 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

-13.8% in 90 days (S&P 500: +5.0%)

This trade underperformed the S&P 500 by 18.8 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.

LB

How good is Lane Brian E. at picking stocks?

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

See track record
5

Lane Brian E. wasn't the only one selling.

5 insiders at Comfort Systems USA, Inc. traded within the same 30-day window.

See who else bought · Free

On May 3, 2021, Lane Brian E. — President/Chief Executive Off. of Comfort Systems USA, Inc. — filed a Form 4 with the SEC disclosing an open-market sale of approximately ~$6.2M in Comfort Systems USA, Inc. (FIX) stock.

This transaction was part of a cluster — 5 insiders at Comfort Systems USA, Inc. made open-market sales within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

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, FIX returned -13.8% versus +5.0% 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 Lane Brian E. 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 ~$6.2M
Insider role President/Chief Executive Off.
Cluster 5 insiders
90-day return -13.8%
vs S&P 500 -18.8%

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