Insider Buy Cluster Buy CEO Buy New Position February 20, 2025

Eifler Robert W. purchased ~$824K in Noble Corporation Plc stock

Noble Corporation Plc (NE)  ·  President & CEO  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

-14.8%

vs SPY -4.2%

NE price after insider trade by Eifler Robert W.

Insider

Eifler Robert W.

Role

President & CEO

Transaction

Open-Market Purchase

Approx. Value

~$824K

Trade Date

Feb 20, 2025

Company

Noble Corporation Plc

Ticker

NE

Source

SEC EDGAR Form 4

Very Strong conviction signal

Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.

~$824K purchase

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.

3 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.

-14.8% in 90 days (S&P 500: -4.2%)

This trade underperformed the S&P 500 by 10.6 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.

ER

How good is Eifler Robert W. at picking stocks?

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

See track record
3

Eifler Robert W. wasn't the only one buying.

3 insiders at Noble Corporation Plc traded within the same 30-day window.

See who else bought · Free

On February 20, 2025, Eifler Robert W. — President & CEO of Noble Corporation Plc — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$824K in Noble Corporation Plc (NE) stock.

This transaction was part of a cluster — 3 insiders at Noble Corporation Plc made open-market purchases 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, NE returned -14.8% versus -4.2% 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 Eifler Robert 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 Very Strong
Trade size ~$824K
Insider role President & CEO
Cluster 3 insiders
90-day return -14.8%
vs S&P 500 -10.6%

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