Introduction

This page provides a comprehensive analysis of the known insider trading history of Jay R Ackerman. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Jay R Ackerman has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:GUID / Guidance Software, Inc. Chief Revenue Officer 72,869
US:SREV / ServiceSource International Inc Head of WW Sales/Cust Success 168,750
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Jay R Ackerman. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Trading History

This table shows the complete list of insider trades made by Jay R Ackerman as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2015-12-11 2015-12-09 4 GUID Guidance Software, Inc.
Common Stock 		S - Sale -7,131 72,869 -8.91 5.73 -40,861 417,539
2015-03-16 2015-03-13 4 GUID Guidance Software, Inc.
Common Stock 		P - Purchase 5,000 80,000 6.67 5.36 26,825 429,200
2014-12-16 3 GUID Guidance Software, Inc.
Common Stock 		150,000
2014-12-16 3 GUID Guidance Software, Inc.
Common Stock 		150,000
2014-09-04 2014-09-02 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -7,500 168,750 -4.26 3.86 -28,942 651,206
2014-09-04 2014-08-18 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -1,000 176,250 -0.56 3.50 -3,503 617,404
2014-02-21 2014-02-20 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -1,000 176,250 -0.56 8.25 -8,254 1,454,768
2013-12-30 2013-12-27 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		A - Award 75,000 75,000
2013-12-30 2013-12-27 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		A - Award 75,000 176,250 74.07
2013-12-24 2013-12-23 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -28,750 101,250 -22.12 8.41 -241,652 851,037
2013-10-03 2013-10-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 4,375 -77.42
2013-10-03 2013-10-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 130,000 -10.34 12.29 -184,347 1,597,674
2013-10-03 2013-10-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 145,000 11.54 1.49 22,350 216,050
2013-09-05 2013-09-04 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -7,500 130,000 -5.45 12.39 -92,900 1,610,258
2013-09-05 2013-09-03 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -10,000 19,375 -34.04
2013-09-05 2013-09-03 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -10,000 137,500 -6.78 12.30 -123,039 1,691,786
2013-09-05 2013-09-03 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 10,000 147,500 7.27 1.49 14,900 219,775
2013-08-22 2013-08-20 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -1,000 137,500 -0.72 12.27 -12,269 1,687,001
2013-08-08 2013-08-06 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -10,000 29,375 -25.40
2013-08-08 2013-08-06 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -10,000 137,500 -6.78 12.20 -122,022 1,677,802
2013-08-08 2013-08-06 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 10,000 147,500 7.27 1.49 14,900 219,775
2013-07-09 2013-07-08 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -18,599 39,375 -32.08
2013-07-09 2013-07-08 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -18,599 137,500 -11.91 10.00 -185,990 1,375,000
2013-07-09 2013-07-08 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 18,599 156,099 13.53 1.49 27,713 232,588
2013-07-09 2013-07-05 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -11,401 57,974 -16.43
2013-07-09 2013-07-05 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -11,401 137,500 -7.66 10.00 -114,010 1,375,000
2013-07-09 2013-07-05 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 11,401 148,901 8.29 1.49 16,987 221,862
2013-05-21 2013-05-17 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -145 69,375 -0.21
2013-05-21 2013-05-17 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -145 137,500 -0.11 7.00 -1,015 962,500
2013-05-21 2013-05-17 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 145 137,645 0.11 1.49 216 205,091
2013-04-05 2013-04-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -5,480 69,520 -7.31
2013-04-05 2013-04-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -9,375 0 -100.00
2013-04-05 2013-04-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -14,855 137,500 -9.75 7.00 -103,985 962,500
2013-04-05 2013-04-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 5,480 152,355 3.73 1.49 8,165 227,009
2013-04-05 2013-04-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 9,375 146,875 6.82 0.65 6,094 95,469
2013-03-28 2013-03-27 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 9,375 -61.54
2013-03-28 2013-03-27 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale -15,000 137,500 -9.84 7.00 -105,000 962,500
2013-03-28 2013-03-27 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise X 15,000 152,500 10.91
2013-02-21 2013-02-19 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -1,000 137,500 -0.72 6.93 -6,931 953,026
2013-02-19 2013-02-15 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 24,375 -38.10
2013-02-19 2013-02-15 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 137,500 -9.84 6.92 -103,822 951,706
2013-02-19 2013-02-15 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 152,500 10.91 0.65 9,750 99,125
2013-02-13 2013-02-11 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 39,375 -27.59
2013-02-13 2013-02-11 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 137,500 -9.84 6.82 -102,276 937,530
2013-02-13 2013-02-11 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 152,500 10.91 0.65 9,750 99,125
2013-01-24 2013-01-22 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		A - Award 4,424 4,424
2013-01-24 2013-01-22 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		D - Sale to Issuer -15,000 0 -100.00
2012-12-21 2012-12-21 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		A - Award 30,000 30,000
2012-12-21 2012-12-21 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		A - Award 115,000 137,500 511.11
2012-10-03 2012-10-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 54,375 -21.62
2012-10-03 2012-10-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 22,500 -40.00 10.34 -155,064 232,596
2012-10-03 2012-10-01 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 37,500 66.67 0.65 9,750 24,375
2012-09-11 2012-09-10 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -10,000 69,375 -12.60
2012-09-11 2012-09-10 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -10,000 22,500 -30.77 9.49 -94,948 213,633
2012-09-11 2012-09-10 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 10,000 32,500 44.44 0.65 6,500 21,125
2012-09-06 2012-09-05 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -7,500 22,500 -25.00 9.57 -71,771 215,314
2012-09-06 2012-09-04 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 79,375 -15.89
2012-09-06 2012-09-04 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 30,000 -33.33 9.35 -140,252 280,503
2012-09-06 2012-09-04 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 45,000 50.00 0.65 9,750 29,250
2012-08-29 2012-08-27 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 94,375 -13.71
2012-08-29 2012-08-27 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 30,000 -33.33 8.70 -130,538 261,075
2012-08-29 2012-08-27 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 45,000 50.00 0.65 9,750 29,250
2012-08-20 2012-08-20 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 109,375 -12.06
2012-08-20 2012-08-20 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 30,000 -33.33 8.47 -127,050 254,100
2012-08-20 2012-08-20 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 45,000 50.00 0.65 9,750 29,250
2012-08-20 2012-08-16 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -1,000 30,000 -3.23 7.87 -7,870 236,100
2012-08-15 2012-08-13 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 124,375 -10.76
2012-08-15 2012-08-13 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 30,000 -33.33 8.11 -121,706 243,411
2012-08-15 2012-08-13 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 45,000 50.00 0.65 9,750 29,250
2012-08-07 2012-08-03 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 139,375 -9.72
2012-08-07 2012-08-03 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale X -15,000 30,000 -33.33 8.22 -123,332 246,663
2012-08-07 2012-08-03 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 45,000 50.00 0.65 9,750 29,250
2012-03-06 2012-03-02 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		M - Exercise -15,000 154,375 -8.86
2012-03-06 2012-03-02 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale -15,000 30,000 -33.33 16.58 -248,688 497,376
2012-03-06 2012-03-02 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		M - Exercise 15,000 45,000 50.00 0.65 9,750 29,250
2012-02-21 2012-02-17 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		S - Sale -1,000 30,000 -3.23 16.45 -16,450 493,509
2012-02-09 3 SREV SERVICESOURCE INTERNATIONAL, INC.
Common Stock 		30,000
2012-02-09 2012-02-07 4 SREV SERVICESOURCE INTERNATIONAL, INC.
Employee Stock Option (right to buy) 		A - Award 15,000 15,000
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)