Daniel R Conway - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Daniel R Conway. 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 Daniel R Conway 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 Daniel R Conway. 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 KVHI / KVH Industries, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in KVHI / KVH Industries, 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 KVHI / KVH Industries, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in KVHI / KVH Industries, 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 (%)
2022-06-08	KVHI	CONWAY DANIEL R	1,352	8.2480	1,352	8.2480	11,151	9	7.8500	-538	-4.82
2022-04-04	KVHI	CONWAY DANIEL R	730	9.2190	730	9.2190	6,730
2021-08-04	KVHI	CONWAY DANIEL R	932	10.7210	932	10.7210	9,992
2021-06-08	KVHI	CONWAY DANIEL R	1,454	13.7310	1,454	13.7310	19,965
2021-03-23	KVHI	CONWAY DANIEL R	1,028	12.5770	1,028	12.5770	12,929
2020-06-09	KVHI	CONWAY DANIEL R	825	9.3080	825	9.3080	7,679
2020-06-09	KVHI	CONWAY DANIEL R	672	9.3080	672	9.3080	6,255
2020-04-14	KVHI	CONWAY DANIEL R	1,082	8.6320	1,082	8.6320	9,340
2020-02-19	KVHI	CONWAY DANIEL R	1,762	11.0490	1,762	11.0490	19,468
2020-01-03	KVHI	CONWAY DANIEL R	234	10.9510	234	10.9510	2,563
2019-10-02	KVHI	CONWAY DANIEL R	250	9.8070	250	9.8070	2,452
2019-07-01	KVHI	CONWAY DANIEL R	236	10.6010	236	10.6010	2,502
2019-06-10	KVHI	CONWAY DANIEL R	651	9.4030	651	9.4030	6,121
2019-04-02	KVHI	CONWAY DANIEL R	233	10.0820	233	10.0820	2,349
2019-03-21	KVHI	CONWAY DANIEL R	795	10.7200	795	10.7200	8,522
2019-03-11	KVHI	CONWAY DANIEL R	1,171	10.5640	1,171	10.5640	12,370
2019-02-20	KVHI	CONWAY DANIEL R	1,731	11.5130	1,731	11.5130	19,929
2018-04-10	KVHI	CONWAY DANIEL R	842	10.1500	842	10.1500	8,546
2018-03-15	KVHI	CONWAY DANIEL R	1,132	10.3510	1,132	10.3510	11,717
2018-03-13	KVHI	CONWAY DANIEL R	1,168	10.3510	1,168	10.3510	12,090
2018-02-22	KVHI	CONWAY DANIEL R	1,962	9.1930	1,962	9.1930	18,037
2016-12-06	KVHI	CONWAY DANIEL R	26,250	10.9000	26,250	10.9000	286,125
2015-02-26	KVHI	CONWAY DANIEL R	773	12.7800	773	12.7800	9,879
2013-11-06	KVHI	CONWAY DANIEL R	22	13.4900	22	13.4900	297
2013-09-16	KVHI	CONWAY DANIEL R	6,000	13.0000	6,000	13.0000	78,000
2013-08-14	KVHI	CONWAY DANIEL R	56	13.7710	56	13.7710	771
2012-11-07	KVHI	CONWAY DANIEL R	20	13.5300	20	13.5300	271
2012-08-15	KVHI	CONWAY DANIEL R	53	12.5200	53	12.5200	664
2012-08-09	KVHI	CONWAY DANIEL R	36	12.8600	36	12.8600	463
2012-04-03	KVHI	CONWAY DANIEL R	312	10.5510	312	10.5510	3,292

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 Daniel R Conway as disclosed to the Securities Exchange Commission (SEC).