Encore Capital Group, Inc.
US ˙ NasdaqGS ˙ US2925541029

Introduction

This page provides a comprehensive analysis of the known insider trading history of Jonathan C Clark. 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 Jonathan C Clark has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:ECPG / Encore Capital Group, Inc. EVP, CFO & Treasurer 185,110
US:SLM / SLM Corporation EVP & CFO 173,869
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Jonathan C Clark. 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 ECPG / Encore Capital Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ECPG / Encore Capital 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 (%)
2025-03-05 ECPG CLARK JONATHAN C 28,600 35.0000 28,600 35.0000 1,001,000 187 44.8400 281,424 28.11
2018-11-09 ECPG CLARK JONATHAN C 20,000 24.0400 20,000 24.0400 480,800
2016-02-29 ECPG CLARK JONATHAN C 5,000 22.9200 5,000 22.9200 114,600
2015-12-15 ECPG CLARK JONATHAN C 1,000 28.4400 1,000 28.4400 28,440
2015-06-08 ECPG CLARK JONATHAN C 2,500 39.2600 2,500 39.2600 98,150

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

ECPG / Encore Capital Group, Inc. Insider Trades
Insider Sales ECPG / Encore Capital 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 ECPG / Encore Capital 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 (%)
2023-08-15 ECPG CLARK JONATHAN C 25,057 49.5200 25,057 49.5200 1,240,823 78 37.4300 -302,938 -24.41
2023-08-15 ECPG CLARK JONATHAN C 16,560 48.9500 16,560 48.9500 810,612

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

ECPG / Encore Capital Group, Inc. Insider Trades
Insider Purchases SLMBP / SLM Corporation - Preferred Stock - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ECPG / Encore Capital 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 (%)
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.

SLMBP / SLM Corporation - Preferred Stock Insider Trades
Insider Sales SLMBP / SLM Corporation - Preferred Stock - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ECPG / Encore Capital 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 (%)
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.

SLMBP / SLM Corporation - Preferred Stock Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Jonathan C Clark 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
2025-03-11 2025-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -5,054 185,110 -2.66 35.74 -180,630 6,615,831
2025-03-06 2025-03-05 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
P - Purchase 28,600 190,164 17.70 35.00 1,001,000 6,655,740
2024-03-12 2024-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -4,789 161,564 -2.88 50.15 -240,168 8,102,435
2024-03-12 2024-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -5,277 166,353 -3.07 50.15 -264,642 8,342,603
2024-03-12 2024-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 9,978 171,630 6.17
2024-03-12 2024-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 11,964 161,652 7.99
2023-08-16 2023-08-15 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
S - Sale -16,560 149,688 -9.96 48.95 -810,612 7,327,228
2023-08-16 2023-08-15 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
S - Sale -25,057 166,248 -13.10 49.52 -1,240,823 8,232,601
2023-08-16 2023-08-15 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
M - Exercise 41,617 191,305 27.80 30.95 1,288,046 5,920,890
2023-03-13 2023-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -5,252 149,688 -3.39 50.06 -262,915 7,493,381
2023-03-13 2023-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -5,497 154,940 -3.43 50.06 -275,180 7,756,296
2023-03-13 2023-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 11,164 160,437 7.48
2023-03-13 2023-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 10,986 149,273 7.94
2022-03-11 2022-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -10,454 138,287 -7.03 66.29 -692,996 9,167,045
2022-03-11 2022-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -6,655 148,741 -4.28 66.29 -441,160 9,860,041
2022-03-11 2022-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 22,223 155,396 16.69
2022-03-11 2022-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 8,296 133,173 6.64
2021-03-11 2021-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -13,021 124,877 -9.44 40.12 -522,403 5,010,065
2021-03-11 2021-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 16,221 137,898 13.33
2021-03-11 2021-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 13,708 121,677 12.70
2020-03-11 2020-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -13,089 107,969 -10.81 38.29 -501,178 4,134,133
2020-03-11 2020-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 13,904 121,058 12.98
2020-03-11 2020-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 13,058 107,154 13.88
2020-01-03 2019-12-31 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -3,140 94,096 -3.23 35.36 -111,030 3,327,235
2019-03-12 2019-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -8,904 97,236 -8.39 31.90 -284,038 3,101,828
2019-03-12 2019-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 3,839 106,140 3.75
2019-03-12 2019-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 15,673 102,301 18.09
2019-01-03 2018-12-31 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -3,146 86,628 -3.50 23.50 -73,931 2,035,758
2018-11-13 2018-11-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
P - Purchase 20,000 89,774 28.66 24.04 480,800 2,158,167
2018-06-26 2018-03-09 4/A ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -5,977 69,774 -7.89 45.70 -273,149 3,188,672
2018-03-13 2018-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -5,484 70,267 -7.24 45.70 -250,619 3,211,202
2018-03-13 2018-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 10,393 75,751 15.90
2017-03-13 2017-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Employee Stock Option (right to buy)
A - Award 41,617 41,617
2017-03-13 2017-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -3,770 65,358 -5.45 30.95 -116,682 2,022,830
2017-03-13 2017-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 15,347 69,128 28.54
2017-02-23 2017-02-21 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 13,293 53,781 32.83
2016-03-11 2016-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 19,288 40,488 90.98
2016-03-11 2016-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
F - Taxes -3,668 21,200 -14.75 26.57 -97,459 563,284
2016-03-11 2016-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 6,683 24,868 36.75
2016-03-02 2016-02-29 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
P - Purchase 5,000 18,185 37.92 22.92 114,600 416,800
2015-12-17 2015-12-15 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
P - Purchase 1,000 13,185 8.21 28.44 28,440 374,981
2015-06-08 2015-06-08 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
P - Purchase 2,500 12,185 25.81 39.26 98,150 478,383
2015-03-11 2015-03-09 4 ECPG ENCORE CAPITAL GROUP INC
Common Stock
A - Award 9,685 9,685
2013-02-11 2013-02-07 4 SLM SLM CORP
Stock Options (Right to Buy)
A - Award 173,869 173,869
2013-02-11 2013-02-07 4 SLM SLM CORP
Common Stock
F - Taxes -634 259,023 -0.24 17.91 -11,355 4,639,102
2013-02-11 2013-02-07 4 SLM SLM CORP
Common Stock
A - Award 18,551 259,657 7.69
2013-02-11 2013-02-07 4 SLM SLM CORP
Common Stock
A - Award 63,952 241,106 36.10
2013-02-05 2013-02-03 4 SLM SLM CORP
Common Stock
F - Taxes -3,568 177,154 -1.97 17.07 -60,906 3,024,019
2013-01-29 2013-01-28 4 SLM SLM CORP
Common Stock
F - Taxes -1,352 180,722 -0.74 16.75 -22,646 3,027,094
2013-01-29 2013-01-27 4 SLM SLM CORP
Common Stock
F - Taxes -7,076 182,074 -3.74 16.90 -119,584 3,077,051
2013-01-29 2012-01-29 4/A SLM SLM CORP
Common Stock
F - Taxes -619 79,168 -0.78 15.13 -9,365 1,197,812
2013-01-29 2012-01-28 4/A SLM SLM CORP
Common Stock
F - Taxes -1,238 79,787 -1.53 15.13 -18,731 1,207,177
2013-01-29 2012-01-27 4/A SLM SLM CORP
Common Stock
F - Taxes -7,650 81,025 -8.63 15.13 -115,744 1,225,908
2012-03-13 2012-02-03 4/A SLM SLM CORP
Stock Options (Right to Buy)
A - Award 130,869 130,869
2012-03-13 2012-02-03 4/A SLM SLM CORP
Common Stock
A - Award 34,396 185,319 22.79
2012-03-13 2012-02-03 4/A SLM SLM CORP
Common Stock
A - Award 70,877 150,923 88.55
2012-02-07 2012-02-03 4 SLM SLM CORP
Stock Options (Right to Buy)
A - Award 130,869 130,869
2012-02-07 2012-02-03 4 SLM SLM CORP
Common Stock
A - Award 34,396 219,715 18.56
2012-02-07 2012-02-03 4 SLM SLM CORP
Common Stock
A - Award 70,877 185,319 61.93
2012-01-31 2012-01-29 4 SLM SLM CORP
Common Stock
F - Taxes -619 80,046 -0.77 15.13 -9,365 1,211,096
2012-01-31 2012-01-28 4 SLM SLM CORP
Common Stock
F - Taxes -1,238 80,665 -1.51 15.13 -18,731 1,220,461
2012-01-31 2012-01-27 4 SLM SLM CORP
Common Stock
F - Taxes -6,772 81,903 -7.64 15.13 -102,460 1,239,192
2009-02-06 3 SLM SLM CORP
Common Stock
9,000
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)