Thomas E Conway - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Thomas E 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 Thomas E 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 Thomas E 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 AMBR / Amber International Holding Limited - Depositary Receipt (Common Stock) - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in AMBR / Amber International Holding Limited - Depositary Receipt (Common Stock). 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 AMBR / Amber International Holding Limited - Depositary Receipt (Common Stock) - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in AMBR / Amber International Holding Limited - Depositary Receipt (Common Stock). 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 (%)
2019-05-14	AMBR	Conway Thomas E	246,666	12.9500	24,667	129.5000	3,194,325	0	12.95	-2,874,899	-90.00
2019-03-11	AMBR	Conway Thomas E	19,986	8.7100	1,999	87.1000	174,078
2018-11-28	AMBR	Conway Thomas E	3,123	9.0300	312	90.3000	28,201
2018-11-15	AMBR	Conway Thomas E	20,000	8.9300	2,000	89.3000	178,600
2018-11-13	AMBR	Conway Thomas E	1,500	8.9500	150	89.5000	13,425
2018-10-10	AMBR	Conway Thomas E	998	9.5200	100	95.2000	9,501
2018-10-09	AMBR	Conway Thomas E	2,722	9.9200	272	99.2000	27,002
2018-09-11	AMBR	Conway Thomas E	22,138	9.3600	2,214	93.6000	207,212
2018-09-07	AMBR	Conway Thomas E	11,262	9.4000	1,126	94.0000	105,863
2018-08-31	AMBR	Conway Thomas E	3,186	8.7100	319	87.1000	27,750
2018-08-13	AMBR	Conway Thomas E	1,657	8.9100	166	89.1000	14,764
2018-06-12	AMBR	Conway Thomas E	9,862	9.2400	986	92.4000	91,125
2018-05-15	AMBR	Conway Thomas E	9,686	9.3100	969	93.1000	90,177
2017-11-17	AMBR	Conway Thomas E	4,843	6.4700	484	64.7000	31,334
2017-08-10	AMBR	Conway Thomas E	4,843	7.4600	484	74.6000	36,129
2017-05-11	AMBR	Conway Thomas E	4,843	7.8100	484	78.1000	37,824
2017-02-24	AMBR	Conway Thomas E	10,555	7.8100	1,056	78.1000	82,435
2016-11-22	AMBR	Conway Thomas E	33,480	11.7100	3,348	117.1000	392,051
2016-08-09	AMBR	Conway Thomas E	40,000	10.2200	4,000	102.2000	408,800
2014-11-26	AMBR	Conway Thomas E	5,000	12.0548	500	120.5480	60,274
2014-11-24	AMBR	Conway Thomas E	5,000	11.6392	500	116.3920	58,196
2014-11-21	AMBR	Conway Thomas E	5,000	11.3495	500	113.4950	56,748
2014-03-26	AMBR	Conway Thomas E	13,360	13.0000	1,336	130.0000	173,680

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