Nasym Afsari - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Nasym Afsari. 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

Companies with Reported Insider Positions

The SEC filings indicate Nasym Afsari has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Nasym Afsari. 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 Purchases MEG / Montrose Environmental Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MEG / Montrose Environmental Group, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Max	Price at Max	Max Profit ($)	Max Return (%)
2020-07-27	MEG	Afsari Nasym	6,250	15.0000	6,250	15.0000	93,750	281	57.51	265,688	283.40

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Sales MEG / Montrose Environmental Group, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MEG / Montrose Environmental Group, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Min	Price at Min	Max Loss Avoided ($)	Max Loss Avoided (%)
2021-11-09	MEG	Afsari Nasym	1,917	75.8270	1,917	75.8270	145,360	219	29.6000	-88,617	-60.96
2021-11-09	MEG	Afsari Nasym	3,774	76.5710	3,774	76.5710	288,979
2021-11-08	MEG	Afsari Nasym	18,208	75.0240	18,208	75.0240	1,366,037
2021-11-05	MEG	Afsari Nasym	6,101	75.2160	6,101	75.2160	458,893
2021-09-22	MEG	Afsari Nasym	1,722	61.0400	1,722	61.0400	105,111
2021-09-22	MEG	Afsari Nasym	1,108	61.8400	1,108	61.8400	68,519
2021-09-21	MEG	Afsari Nasym	18,781	60.1100	18,781	60.1100	1,128,926
2021-09-17	MEG	Afsari Nasym	5,806	60.1000	5,806	60.1000	348,941
2021-09-16	MEG	Afsari Nasym	2,583	60.0000	2,583	60.0000	154,980
2021-09-09	MEG	Afsari Nasym	1,600	55.6000	1,600	55.6000	88,960
2021-09-09	MEG	Afsari Nasym	1,218	56.4900	1,218	56.4900	68,805
2021-09-09	MEG	Afsari Nasym	10,670	55.5400	10,670	55.5400	592,612
2021-09-09	MEG	Afsari Nasym	8,420	56.4600	8,420	56.4600	475,393
2021-09-09	MEG	Afsari Nasym	5,500	55.5400	5,500	55.5400	305,470
2021-09-09	MEG	Afsari Nasym	4,860	56.4800	4,860	56.4800	274,493
2021-08-02	MEG	Afsari Nasym	1,532	55.1600	1,532	55.1600	84,505
2021-08-02	MEG	Afsari Nasym	800	55.1200	800	55.1200	44,096
2021-08-02	MEG	Afsari Nasym	200	55.1600	200	55.1600	11,032
2021-06-30	MEG	Afsari Nasym	18,578	55.0000	18,578	55.0000	1,021,790
2021-06-24	MEG	Afsari Nasym	262	55.0000	262	55.0000	14,410
2021-06-24	MEG	Afsari Nasym	128	55.0000	128	55.0000	7,040
2021-06-24	MEG	Afsari Nasym	127	55.0000	127	55.0000	6,985

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Trading History

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