Live data

Bernardo Moreno

Republican

Senate

Export CSV

vs. S&P 500 (90D)

-0.41%

Trades (90 Days)

Total Trades

Win Rate (90D)

0.0%

Monthly summary

What to know this month

Key takeaways from Bernardo Moreno's recent stock disclosures, written in plain English.

Updated May 27, 2026 · 1 trades in the last 30 days

Moreno Dumps ETOR Near-Top — Thin Signal, Single Name, Watch for Follow-On Flow

Senator Bernardo Moreno (R-OH) filed a single ETOR sale on 2026-05-06 ($100K-$250K), disclosed 16 days later on 2026-05-22. The trade generated -0.41% excess return vs. SPY — meaning ETOR slightly underperformed the market from trade date to disclosure. With only one trade in the 30-day window, the signal is narrow but non-trivial: a freshman Republican senator liquidating a mid-to-large personal position in a single stock warrants a watch posture, particularly if clustering with other senator sales emerges.

Stocks to watch

ETOR

Watch

Low confidence

Moreno sold ETOR on 2026-05-06 in the $100,001-$250,000 range, filed 2026-05-22 with a 16-day disclosure lag. Excess return vs. SPY at -0.41% indicates the stock mildly underperformed from trade date to filing — the senator sold into relative weakness or ahead of further deterioration. Single-trade, single-name datasets carry high false-positive risk, but the size ($100K+ floor) suggests a deliberate, non-trivial exit rather than routine rebalancing.

Why it matters: Flow-led — no committee context provided; monitor ETOR for earnings, regulatory filings, or SEC Form 4 cluster activity (two Form 4s filed 2026-05-18 flagged in disclosure) that may signal insider-level awareness of deteriorating fundamentals.

How to think about it: Do NOT initiate a short purely on this signal. If already long ETOR, treat as a yellow flag warranting a trim of 25-33% of position. If flat, place on a watch list with a $50-$75K starter short only if a second senator or corporate insider sale corroborates within the next 30 days.

Sector focus

No actionable sector theme can be responsibly derived from a single stock sale with no committee mapping. 'Stock' is the only sector tag provided. Hold deployment of sector-level capital (e.g., broad financials, tech, or energy ETFs) until Moreno files additional trades that reveal a pattern. If ETOR operates in a specific sub-sector, screen that sub-sector for corroborating insider or congressional flow before expressing a sector view.

Timing

The 16-day disclosure lag (trade 2026-05-06, filed 2026-05-22) is within STOCK Act's 45-day window but sits in the middle of the permissible range — neither a rushed same-week filing nor a near-deadline drop. The -0.41% excess return vs. SPY suggests limited immediate alpha capture post-disclosure. The signal window is technically still open but decaying — if ETOR has not moved materially since 2026-05-22, the post-disclosure drift trade is largely exhausted. Best use: forward-looking watch for clustering, not backward-looking momentum chase.

Things to watch out for

Primary risk: single-trade dataset is statistically insufficient to build a repeatable thesis. One sale could reflect personal liquidity needs, estate planning, or diversification — not information-driven conviction. No committee assignment is provided, which eliminates the most powerful corroborating signal (regulatory/legislative proximity). The SEC Form 4 dual-filing on 2026-05-18 warrants scrutiny — verify whether these filings relate to the same ETOR position or a separate entity. Thesis is invalidated immediately if Moreno re-purchases ETOR in the next 30-day window or if the stock rallies materially post-disclosure without a fundamental deterioration catalyst.

What this means for you

Step 1: Pull ETOR's fundamental profile — sector, market cap, recent earnings, and any pending regulatory actions — to assess whether the senator's exit aligns with deteriorating business conditions or is purely personal. Step 2: Cross-reference ETOR against other senator and corporate insider filings on SEC EDGAR; the two Form 4 filings on 2026-05-18 suggest corporate-level activity worth reading. Step 3: Set a Google Alert or Quiver Quantitative monitor for any additional Moreno filings — a second sale in a new name within 60 days would upgrade conviction to Medium and warrant a small multi-name expression. Step 4: If you want sector-level expression, wait for at least three trades across two or more tickers before sizing into a thematic ETF. Step 5: Risk-size this idea at no more than 0.25% of portfolio NAV in any expression until the signal clusters — treat it as an idea incubation, not a live deployment.

This summary is based on public filings from Bernardo Moreno. It is for research and education only — not personalized investment advice.

Full analysis View trades

AI trade analysis

A deeper look at Bernardo Moreno's trading patterns, sector focus, and recent activity.

Analyzing trades...

SEC EDGAR Filings

Newest material events and insider filings for Bernardo Moreno.

Searching SEC EDGAR...

EDGAR Linkage Memo

Running event-driven review...

Trade History

Every reported transaction with plain-English summaries, live prices, and linked SEC filings when available.

ETOR

Sale

16 days to disclose

ETOR · Stock

$100,001 - $250,000

Trade date

May 6, 2026

Filed

May 22, 2026

Price

…

Day change

…

vs. SPY

-0.41%

Plain English

Bernardo Moreno sold , shares @ $0 of ETOR (ETOR) on May 6, 2026. Disclosed May 22, 2026.

4May 18, 2026 4May 18, 2026 4Apr 29, 2026+5 more