Fundamental Metrics

Insider Trades indicator

Disclosed purchases (code P, including open-market or private transactions), sales (code S), and a separate exact-owner AwardCount for code A issuer grants or other acquisitions over a trailing public

Definition

Disclosed purchases (code P, including open-market or private transactions), sales (code S), and a separate exact-owner AwardCount for code A issuer grants or other acquisitions over a trailing publication window. AcquisitionCount combines code P and code A as distinct acquisition signals for modeled follower strategies; awards are not reclassified as purchases or sales and do not prove vested common-share ownership. Exact-owner strategies use versioned common-share, call/put, and issuer-award evidence; exercises and warrants are excluded from tradable purchase signals. A signal becomes eligible when its filing is public, never on an earlier transaction date.

Parameters

Asset, Metric (NetValue, BuyValue, SellValue, NetShares, BuyCount, SellCount, AwardCount, AcquisitionCount, DistinctBuyers, PurchaseSharePercent, AcquisitionSharePercent), Window (days), Role (Any, Officer, Director, TenPercentOwner, OfficerOrDirector), optional exact reporting Owner CIK and Company CIK, Instrument (Equity, Call, Put). Identity and role match the same owner. A Company CIK without an owner reads every reporting owner's events at that company, counting a joint filing once. Call/Put, award/acquisition metrics and budget shares require ownerCik or a company CIK. AwardCount follows the selected disclosed instrument; the default Equity award bucket also includes code-A restricted units whose tradable instrument is unresolved. That bucket does not assert vested stock. PurchaseSharePercent and AcquisitionSharePercent ignore the target asset and return the selected instrument's fraction of the owner's (or company's) eligible P-only or P-plus-A signals, 0–100; these are count-based weights, not disclosed dollar allocations.

Output range: Dollars, shares, counts or budget percent; unknown owner/amendment coverage has no value

Example condition

text
`Insider Trades(asset, DistinctBuyers, 90) >= 3` (three or more insiders bought in the last 90 days)

Use in a strategy

Add this indicator to a strategy condition, choose its supported parameters and compare the output with the threshold required by your rule. Preserve the same interval and lookback when comparing backtests.

After saving the condition, inspect its asset, interval, lookback and comparison operator against the parameters above. If no trades occur, check whether the condition ever became true and whether the requested input data exists for that period. A missing input is not a zero-valued signal. An indicator produces an input to a rule. It does not establish future returns, and data availability can differ across assets and periods.