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Insider Buy CEO Buy New Position February 27, 2020

Serbousek Jon Carl purchased ~$103K in Orthofix Medical Inc. stock

Orthofix Medical Inc. (OFIX)  ·  CEO  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

-2.5%

vs SPY +2.6%

OFIX price after insider trade by Serbousek Jon Carl

Insider

Serbousek Jon Carl

Role

CEO

Transaction

Open-Market Purchase

Approx. Value

~$103K

Trade Date

Feb 27, 2020

Company

Orthofix Medical Inc.

Ticker

OFIX

Source

SEC EDGAR Form 4

Strong conviction signal

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

~$103K purchase

A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.

CEO

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

-2.5% in 90 days (S&P 500: +2.6%)

This trade underperformed the S&P 500 by 5.1 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.

SJ

How good is Serbousek Jon Carl at picking stocks?

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

See track record

On February 27, 2020, Serbousek Jon Carl — CEO of Orthofix Medical Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$103K in Orthofix Medical Inc. (OFIX) 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, OFIX returned -2.5% versus +2.6% 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 ~$103K
Insider role CEO
90-day return -2.5%
vs S&P 500 -5.1%

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 →

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