MarketPeel
Insider Trading Intelligence
GM

Gerald A. Michaud

HRZN
PRESIDENT · HORIZON TECHNOLOGY FINANCE CORP · CIK 0001503747
FILING MIX · LIFETIME100%/0%
BUYS
9
SELLS
0
TOTAL VALUE
$822.2K
COMPANIES
1
ACTIVE SINCE
Jun 2020
HOLDINGS NOW
169,309
AVG SELL PX
TRADE KIND
SHOWING 9 / 9
Trades · vs SPY
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Performance · forward returns vs SPY
9 backtested trades · 8 horizons · 1 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Gerald A. Michaud, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d9+66.67%+2.28%+1.33%+0.95%+0.13%
14d9+44.44%-0.52%+0.25%-0.78%-0.12%
30d9+33.33%+0.61%+1.79%-1.18%-3.29%
60d9+77.78%+5.69%+3.52%+2.17%-0.55%
90d9+66.67%+6.40%+4.12%+2.28%-1.13%
180d9+55.56%+3.48%+7.27%-3.79%-9.30%
1y9+55.56%+3.02%+13.26%-10.24%-6.73%
2y9(1 pending)+37.50%-12.94%+29.47%-42.41%-23.97%
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
HRZN · 169,309 shares · as of Nov 25, 2024
042,32784,655126,982169,3092021202220232024SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2020
2020
2020
2021
2021
2021
2021
2022
2022
2022
2022
2023
2023
2023
2023
2024
2024
2024
2024
FLOW · 9 buys / 0 sellsCOVERAGE · 19 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
President
8,000$9.31$74.5K169,309Nov 25, 2024Dec 2, 2024View →
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
President
3,650$11.77$43.0K156,244Mar 8, 2024Mar 11, 2024View →
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
President
18,250$11.03$201.3K144,585Dec 20, 2022Dec 21, 2022View →
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
President
4,000$12.90$51.6K126,335Dec 6, 2022Dec 7, 2022View →
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
PRESIDENT
3,050$12.06$36.8K121,899May 9, 2022May 11, 2022View →
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
PRESIDENT
3,450$15.87$54.8K116,300.97Dec 6, 2021Dec 6, 2021View →
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
President
2,500$16.19$40.5K112,078May 4, 2021May 5, 2021View →
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
President
11,300$13.30$150.3K109,578Mar 5, 2021Mar 8, 2021View →
HRZN
HORIZON TECHNOLOGY FINANCE CORP
PURCHASE
President
14,900$11.38$169.6K95,844Jun 2, 2020Jun 3, 2020View →
Other insiders · HRZN
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About this filer
CIK 0001503747
ROLE
President
PRIMARY
HRZN
COMPANIES
1
ACTIVE SINCE
Jun 2020
MARKETPEEL · /INSIDER/0001503747DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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