Thomas C Canfield - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Thomas C Canfield. 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 Thomas C Canfield 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 Thomas C Canfield. 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 FLYYQ / Spirit Aviation Holdings, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in FLYYQ / Spirit Aviation Holdings, 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 (%)
2020-03-10	SAVE	Canfield Thomas C	2,500	20.3400	2,500	20.3400	50,850	350	38.3400	45,000	88.50
2015-12-16	SAVE	Canfield Thomas C	1,000	41.7000	1,000	41.7000	41,700
2015-12-01	SAVE	Canfield Thomas C	1,500	37.7000	1,500	37.7000	56,550
2015-06-01	SAVE	Canfield Thomas C	1,200	63.7200	1,200	63.7200	76,464

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

Insider Sales FLYYQ / Spirit Aviation Holdings, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in FLYYQ / Spirit Aviation Holdings, 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 (%)
2024-12-02	SAVEQ	Canfield Thomas C	35,000	0.6723	35,000	0.6723	23,530	730
2024-11-29	SAVEQ	Canfield Thomas C	10,000	0.6100	10,000	0.6100	6,100
2022-02-15	SAVE	Canfield Thomas C	12,349	27.4400	12,349	27.4400	338,857
2021-02-19	SAVE	Canfield Thomas C	5,000	35.1700	5,000	35.1700	175,850
2016-11-29	SAVE	Canfield Thomas C	2,800	54.9100	2,800	54.9100	153,748
2014-11-28	SAVE	Canfield Thomas C	2,500	83.2000	2,500	83.2000	208,000
2014-11-10	SAVE	Canfield Thomas C	2,500	78.5900	2,500	78.5900	196,475
2014-08-14	SAVE	Canfield Thomas C	5,000	69.2800	5,000	69.2800	346,400
2013-11-04	SAVE	Canfield Thomas C	6,000	44.4700	6,000	44.4700	266,820
2012-01-25	SAVE	Canfield Thomas C	10,000	13.9563	10,000	13.9563	139,563

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

Insider Purchases IRDM / Iridium Communications Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in FLYYQ / Spirit Aviation Holdings, 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 (%)
2017-03-06	IRDM	Canfield Thomas C	3,000	8.0500	3,000	8.0500	24,150	329	12.8500	14,400	59.63
2017-03-03	IRDM	Canfield Thomas C	4,483	8.2000	4,483	8.2000	36,761
2016-03-01	IRDM	Canfield Thomas C	5,000	6.9500	5,000	6.9500	34,750
2013-08-06	IRDM	Canfield Thomas C	10,000	7.1000	10,000	7.1000	71,000
2013-05-07	IRDM	Canfield Thomas C	10,000	7.2300	10,000	7.2300	72,300
2013-03-13	IRDM	Canfield Thomas C	7,500	6.3470	7,500	6.3470	47,602
2012-11-29	IRDM	Canfield Thomas C	5,000	6.1186	5,000	6.1186	30,593
2012-11-13	IRDM	Canfield Thomas C	5,000	6.3288	5,000	6.3288	31,644
2012-08-09	IRDM	Canfield Thomas C	7,000	7.2660	7,000	7.2660	50,862

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

Insider Sales IRDM / Iridium Communications Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in FLYYQ / Spirit Aviation Holdings, 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 (%)
2023-02-27	IRDM	Canfield Thomas C	10,036	61.0300	10,036	61.0300	612,497	361	28.3200	-328,277	-53.60
2021-02-19	IRDM	Canfield Thomas C	8,127	46.9600	8,127	46.9600	381,644
2020-08-04	IRDM	Canfield Thomas C	12,000	28.1973	12,000	28.1973	338,368
2018-08-06	IRDM	Canfield Thomas C	12,500	19.3032	12,500	19.3032	241,290

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 Thomas C Canfield as disclosed to the Securities Exchange Commission (SEC).