PC Connection, Inc.
US ˙ NasdaqGS ˙ US69318J1007

Introduction

This page provides a comprehensive analysis of the known insider trading history of Negrini David Beffa. 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.

Companies with Reported Insider Positions

The SEC filings indicate Negrini David Beffa has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:CNXN / PC Connection, Inc. Director 62,875
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Negrini David Beffa. 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 CNXN / PC Connection, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CNXN / PC Connection, 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 (%)
There are no known unplanned open-market trades for this insider and security combination

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

CNXN / PC Connection, Inc. Insider Trades
Insider Sales CNXN / PC Connection, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CNXN / PC Connection, 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 (%)
2024-11-20 CNXN BEFFA NEGRINI DAVID 5,000 70.0000 5,000 70.0000 350,000 152 58.9000 -55,500 -15.86
2023-12-04 CNXN BEFFA NEGRINI DAVID 5,000 60.9700 5,000 60.9700 304,850
2023-09-11 CNXN BEFFA NEGRINI DAVID 5,250 53.5600 5,250 53.5600 281,190
2021-12-15 CNXN BEFFA NEGRINI DAVID 4,000 44.6900 4,000 44.6900 178,760
2021-12-15 CNXN BEFFA NEGRINI DAVID 1,000 44.8100 1,000 44.8100 44,810
2020-12-09 CNXN BEFFA NEGRINI DAVID 2,000 46.1500 2,000 46.1500 92,300
2020-09-16 CNXN BEFFA NEGRINI DAVID 5,000 42.5400 5,000 42.5400 212,700
2019-12-20 CNXN BEFFA NEGRINI DAVID 2,845 49.6500 2,845 49.6500 141,254
2019-12-13 CNXN BEFFA NEGRINI DAVID 2,430 49.6300 2,430 49.6300 120,601
2019-12-12 CNXN BEFFA NEGRINI DAVID 705 49.6800 705 49.6800 35,024
2019-12-12 CNXN BEFFA NEGRINI DAVID 2,557 49.6500 2,557 49.6500 126,955
2019-11-20 CNXN BEFFA NEGRINI DAVID 74 52.0000 74 52.0000 3,848
2019-11-20 CNXN BEFFA NEGRINI DAVID 1,389 51.8800 1,389 51.8800 72,061
2019-03-05 CNXN BEFFA NEGRINI DAVID 12,300 40.1400 12,300 40.1400 493,722
2018-08-13 CNXN BEFFA NEGRINI DAVID 5,263 36.9300 5,263 36.9300 194,363
2018-08-10 CNXN BEFFA NEGRINI DAVID 1,260 38.0000 1,260 38.0000 47,880
2018-06-13 CNXN BEFFA NEGRINI DAVID 3,477 32.0000 3,477 32.0000 111,264
2017-09-12 CNXN BEFFA NEGRINI DAVID 20,000 26.0000 20,000 26.0000 520,000
2016-03-16 PCCC BEFFA NEGRINI DAVID 16,700 24.0871 16,700 24.0871 402,255
2013-11-05 PCCC BEFFA NEGRINI DAVID 9,113 20.1380 9,113 20.1380 183,518
2013-11-04 PCCC BEFFA NEGRINI DAVID 10,887 20.4610 10,887 20.4610 222,759
2013-03-15 PCCC BEFFA NEGRINI DAVID 4,926 15.9500 4,926 15.9500 78,570
2006-12-20 PCCC BEFFA NEGRINI DAVID 200 14.9000 200 14.9000 2,980
2006-12-20 PCCC BEFFA NEGRINI DAVID 100 14.9100 100 14.9100 1,491
2006-12-20 PCCC BEFFA NEGRINI DAVID 100 14.9200 100 14.9200 1,492
2006-12-20 PCCC BEFFA NEGRINI DAVID 1,600 14.9300 1,600 14.9300 23,888

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

CNXN / PC Connection, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Negrini David Beffa 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
2025-09-02 2025-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 62,875 0.80
2025-03-17 2025-03-14 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 625 62,375 1.01
2025-02-28 2024-12-03 4 CNXN PC CONNECTION INC
Common Stock
G - Gift -1,250 61,750 -1.98
2024-12-31 2024-12-13 4 CNXN PC CONNECTION INC
Common Stock
G - Gift -10,000 63,000 -13.70
2024-12-18 2024-12-17 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 1,250 73,000 1.74
2024-11-22 2024-11-20 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -5,000 71,750 -6.51 70.00 -350,000 5,022,500
2024-09-03 2024-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 76,750 0.66
2023-12-19 2023-12-17 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 1,250 76,250 1.67
2023-12-05 2023-12-04 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -5,000 75,000 -6.25 60.97 -304,850 4,572,750
2023-09-12 2023-09-11 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -5,250 80,000 -6.16 53.56 -281,190 4,284,800
2023-09-05 2023-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 85,250 0.59
2022-12-19 2022-12-17 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 1,250 84,750 1.50
2022-09-02 2022-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 83,500 0.60
2022-03-31 2022-01-19 4 CNXN PC CONNECTION INC
Common Stock
G - Gift -2,500 83,000 -2.92
2021-12-21 2021-12-17 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 5,000 5,000
2021-12-16 2021-12-15 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -1,000 85,500 -1.16 44.81 -44,810 3,831,255
2021-12-16 2021-12-15 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -4,000 86,500 -4.42 44.69 -178,760 3,865,685
2021-09-02 2021-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise -500 3,000 -14.29
2021-09-02 2021-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 90,500 0.56
2021-04-15 2020-12-21 4 CNXN PC CONNECTION INC
Common Stock
G - Gift -4,000 90,000 -4.26
2020-12-09 2020-12-09 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -2,000 94,000 -2.08 46.15 -92,300 4,338,100
2020-09-17 2020-09-16 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -5,000 96,000 -4.95 42.54 -212,700 4,083,840
2020-09-03 2020-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 3,500 16.67
2020-09-03 2020-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 3,500 16.67
2020-09-03 2020-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 101,000 0.50
2020-09-03 2020-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 101,000 0.50
2020-01-17 2019-12-20 5 CNXN PC CONNECTION INC
Common Stock
S - Sale -2,845 100,000 -2.77 49.65 -141,254 4,965,000
2020-01-17 2019-03-15 5 CNXN PC CONNECTION INC
Common Stock
G - Gift -1,000 102,845 -0.96
2019-12-16 2019-12-13 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -2,430 103,845 -2.29 49.63 -120,601 5,153,827
2019-12-16 2019-12-12 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -2,557 106,275 -2.35 49.65 -126,955 5,276,554
2019-12-16 2019-12-12 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -705 108,832 -0.64 49.68 -35,024 5,406,774
2019-11-21 2019-11-20 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -1,389 109,537 -1.25 51.88 -72,061 5,682,780
2019-11-21 2019-11-20 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -74 110,926 -0.07 52.00 -3,848 5,768,152
2019-09-03 2019-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 4,000 14.29
2019-09-03 2019-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 4,000 14.29
2019-09-03 2019-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 500
2019-09-03 2019-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 111,000 0.45
2019-09-03 2019-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 111,000 0.45
2019-09-03 2019-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 111,000 0.45
2019-03-06 2019-03-05 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -12,300 109,500 -10.10 40.14 -493,722 4,395,330
2019-02-01 2018-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise -500 4,500 -10.00
2019-02-01 2018-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 121,800 0.41
2018-09-05 2018-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 1,000 100.00
2018-09-05 2018-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 1,000 100.00
2018-09-05 2018-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 121,300 0.41
2018-09-05 2018-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 121,300 0.41
2018-08-14 2018-08-13 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -5,263 120,300 -4.19 36.93 -194,363 4,442,679
2018-08-14 2018-08-10 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -1,260 125,563 -0.99 38.00 -47,880 4,771,394
2018-06-14 2018-06-13 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -3,477 126,823 -2.67 32.00 -111,264 4,058,336
2018-02-15 2018-02-13 4 CNXN PC CONNECTION INC
Restricted Stock Units
A - Award 5,000 5,000
2017-12-05 2017-12-03 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise -500 0 -100.00
2017-12-05 2017-12-03 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 130,300 0.39
2017-09-14 2017-09-12 4 CNXN PC CONNECTION INC
Common Stock
S - Sale -20,000 129,800 -13.35 26.00 -520,000 3,374,800
2017-09-06 2017-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 1,500 50.00
2017-09-06 2017-09-01 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 1,500 50.00
2017-09-06 2017-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 149,800 0.33
2017-09-06 2017-09-01 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 149,800 0.33
2016-12-09 2016-12-03 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise -500 0 -100.00
2016-12-09 2016-12-03 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 500 148,800 0.34
2016-11-14 2016-11-12 4 CNXN PC CONNECTION INC
Restricted Stock Units
M - Exercise -2,000 0 -100.00
2016-11-14 2016-11-12 4 CNXN PC CONNECTION INC
Common Stock
M - Exercise 2,000 148,300 1.37
2016-09-02 2016-09-01 4 PCCC PC CONNECTION INC
Restricted Stock Units
M - Exercise 500 1,500 50.00
2016-09-02 2016-09-01 4 PCCC PC CONNECTION INC
Common Stock
M - Exercise 500 146,300 0.34
2016-08-26 2016-08-09 4 PCCC PC CONNECTION INC
Common Stock
G - Gift -5,000 145,800 -3.32
2016-04-04 2015-11-12 4 PCCC PC CONNECTION INC
Restricted Stock Units
M - Exercise -2,000 2,000 -50.00
2016-04-04 2015-11-12 4 PCCC PC CONNECTION INC
Common Stock
M - Exercise 2,000 150,800 1.34
2016-03-17 2016-03-16 4 PCCC PC CONNECTION INC
Common Stock
S - Sale -16,700 150,800 -9.97 24.09 -402,255 3,632,335
2016-03-03 2016-03-01 4 PCCC PC CONNECTION INC
Restricted Stock Units
A - Award 2,000 2,000
2015-12-04 2015-12-03 4 PCCC PC CONNECTION INC
Restricted Stock Units
M - Exercise -500 1,000 -33.33
2015-12-04 2015-12-03 4 PCCC PC CONNECTION INC
Common Stock
M - Exercise 500 165,501 0.30
2015-08-11 2015-08-08 4 PCCC PC CONNECTION INC
Restricted Stock Units
M - Exercise -2,000 0 -100.00
2015-08-11 2015-08-08 4 PCCC PC CONNECTION INC
Common Stock
M - Exercise 2,000 165,001 1.23
2014-12-05 2014-12-03 4 PCCC PC CONNECTION INC
Restricted Stock Units
M - Exercise -500 1,500 -25.00
2014-12-05 2014-12-03 4 PCCC PC CONNECTION INC
Common Stock
A - Award 500 163,001 0.31
2014-11-03 2014-10-30 4 PCCC PC CONNECTION INC
Restricted Stock Units
A - Award 2,000 2,000
2014-08-12 2014-08-08 4 PCCC PC CONNECTION INC
Restricted Stock Units
A - Award 2,000 2,000
2014-08-12 2014-08-08 4 PCCC PC CONNECTION INC
Common Stock
M - Exercise 2,000 162,501 1.25
2013-12-05 2013-12-03 4 PCCC PC CONNECTION INC
Restricted Stock Units
A - Award 2,000 2,000
2013-12-05 2013-12-03 4 PCCC PC CONNECTION INC
Common Stock
A - Award 500 160,501 0.31
2013-11-14 2013-11-05 4 PCCC PC CONNECTION INC
Common Stock
S - Sale -9,113 160,001 -5.39 20.14 -183,518 3,222,100
2013-11-14 2013-11-04 4 PCCC PC CONNECTION INC
Common Stock
S - Sale -10,887 169,114 -6.05 20.46 -222,759 3,460,242
2013-03-18 2013-03-15 4 PCCC PC CONNECTION INC
Common Stock
S - Sale -4,926 180,001 -2.66 15.95 -78,570 2,871,016
2012-11-14 2012-11-12 4 PCCC PC CONNECTION INC
Restricted Stock Units
A - Award 4,000 8,000 100.00
2006-12-20 2006-12-20 4 PCCC PC CONNECTION INC
Common Stock
S - Sale -1,600 233,427 -0.68 14.93 -23,888 3,485,065
2006-12-20 2006-12-20 4 PCCC PC CONNECTION INC
Common Stock
S - Sale -100 235,027 -0.04 14.92 -1,492 3,506,603
2006-12-20 2006-12-20 4 PCCC PC CONNECTION INC
Common Stock
S - Sale -100 235,127 -0.04 14.91 -1,491 3,505,744
2006-12-20 2006-12-20 4 PCCC PC CONNECTION INC
Common Stock
S - Sale -200 235,227 -0.08 14.90 -2,980 3,504,882
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)