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Insider Buy CEO Buy November 18, 2022

Loudermilk Kyle Justin purchased ~$48K in GSE Systems, Inc. stock

GSE Systems, Inc. (GVP)  ·  Chief Executive Officer & Pres  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+36.5%

vs SPY +3.6%

GVP price after insider trade by Loudermilk Kyle Justin

Insider

Loudermilk Kyle Justin

Role

Chief Executive Officer & Pres

Transaction

Open-Market Purchase

Approx. Value

~$48K

Trade Date

Nov 18, 2022

Company

GSE Systems, Inc.

Ticker

GVP

Source

SEC EDGAR Form 4

Strong conviction signal

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

~$48K purchase

A personal investment by a corporate insider. Even smaller trades can be meaningful when combined with other factors like timing and role.

Chief Executive Officer & Pres

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

+36.5% in 90 days (S&P 500: +3.6%)

This trade beat the S&P 500 by 32.9 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.

LK

How good is Loudermilk Kyle Justin at picking stocks?

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

See track record

On November 18, 2022, Loudermilk Kyle Justin — Chief Executive Officer & Pres of GSE Systems, Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$48K in GSE Systems, Inc. (GVP) 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, GVP returned +36.5% versus +3.6% for the S&P 500 over the same period.

Full Conviction Analysis

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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 ~$48K
Insider role Chief Executive Officer & Pres
90-day return +36.5%
vs S&P 500 +32.9%

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 →

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