David R Callen - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of David R Callen. 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 David R Callen 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 David R Callen. 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 ETD / Ethan Allen Interiors Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ETD / Ethan Allen Interiors 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.

Insider Sales ETD / Ethan Allen Interiors Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ETD / Ethan Allen Interiors 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 (%)
2013-02-07	ETH	Callen David R	500	28.5100	50	285.1000	14,255	363	24.26	-13,042	-91.49
2012-11-27	ETH	Callen David R	1,200	29.2625	120	292.6250	35,115
2012-11-27	ETH	Callen David R	1,500	29.2413	150	292.4130	43,862
2012-11-27	ETH	Callen David R	1,875	29.2205	188	292.2050	54,788
2012-11-27	ETH	Callen David R	500	29.2700	50	292.7000	14,635

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

Insider Purchases SNBR / Sleep Number Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ETD / Ethan Allen Interiors 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 (%)
2019-05-22	SNBR	Callen David R	2,000	33.5657	2,000	33.5657	67,131	274	59.7200	52,309	77.92
2018-07-30	SNBR	Callen David R	520	27.8801	520	27.8801	14,498
2018-07-30	SNBR	Callen David R	280	27.8850	280	27.8850	7,808
2018-07-30	SNBR	Callen David R	200	27.8899	200	27.8899	5,578
2017-02-21	SCSS	Callen David R	1,000	23.0255	1,000	23.0255	23,026
2016-02-26	SCSS	Callen David R	1,500	17.3238	1,500	17.3238	25,986
2016-02-16	SCSS	Callen David R	2,000	15.4417	2,000	15.4417	30,883

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

Insider Sales SNBR / Sleep Number Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ETD / Ethan Allen Interiors 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 (%)
2020-11-18	SNBR	Callen David R	10,165	73.2500	10,165	73.2500	744,586	6	68.5000	-48,284	-6.48
2020-11-17	SNBR	Callen David R	2,100	73.3300	2,100	73.3300	153,993
2020-11-09	SNBR	Callen David R	4,178	71.5922	4,178	71.5922	299,112

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 David R Callen as disclosed to the Securities Exchange Commission (SEC).