Simon, Christopher sold ~$651K in Haemonetics Corporation stock
Haemonetics Corporation (HAE) · President & CEO · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
90-day return
+31.7%vs SPY +7.7%
Trade Details · Public SEC Filing
Insider
Simon, Christopher
Role
President & CEO
Transaction
Open-Market Sale
Approx. Value
~$651K
Trade Date
May 16, 2022
Company
Haemonetics Corporation
Ticker
HAESource
SEC EDGAR Form 4
Why This Trade Stands Out
Strong conviction signal
Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.
~$651K sale
A significant position. Insiders who invest $500K+ of their own money typically have strong views on their company's near-term outlook.
President & CEO
CEOs have the deepest knowledge of company operations. Academic research shows CEO purchases outperform other insider trades by a wide margin.
7 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.
+31.7% in 90 days (S&P 500: +7.7%)
This trade beat the S&P 500 by 24.1 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.
How good is Simon, Christopher at picking stocks?
Full track record: win rate, average return, and performance vs S&P 500
Simon, Christopher wasn't the only one selling.
7 insiders at Haemonetics Corporation traded within the same 30-day window.
See who else bought · FreeOn May 16, 2022, Simon, Christopher — President & CEO of Haemonetics Corporation — filed a Form 4 with the SEC disclosing an open-market sale of approximately ~$651K in Haemonetics Corporation (HAE) stock.
This transaction was part of a cluster — 7 insiders at Haemonetics Corporation 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, HAE returned +31.7% versus +7.7% for the S&P 500 over the same period.
VeritySignals Conviction Analysis
Full Conviction Analysis
Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.
Get notified the next time Simon, Christopher trades
Free alerts · No credit card · Instant notification
All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More HAE Insider Activity
Simon, Christopher
May 17, 2021
~$845K
STRONG
Goldstein Dan
Feb 4, 2021
~$3.4M
STRONG
Simon, Christopher
Jun 8, 2020
~$7.4M
STRONG
How to Read Insider Trades
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.
Never miss a signal
Get notified when high-conviction insiders buy. Free account, no credit card.
Sign up free