Edward C Coppola - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Edward C Coppola. 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 Edward C Coppola 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 Edward C Coppola. 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 MAC / The Macerich Company - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MAC / The Macerich Company. 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 (%)
2022-09-23	MAC	COPPOLA EDWARD C	50,000	7.9800	50,000	7.9800	399,000	132	14.2200	312,000	78.20
2022-06-30	MAC	COPPOLA EDWARD C	60,000	8.7500	60,000	8.7500	525,000
2022-06-10	MAC	COPPOLA EDWARD C	40,000	10.2840	40,000	10.2840	411,360
2022-03-31	MAC	COPPOLA EDWARD C	2,100	15.9040	2,100	15.9040	33,398
2022-03-28	MAC	COPPOLA EDWARD C	10,000	14.9790	10,000	14.9790	149,790
2020-03-31	MAC	COPPOLA EDWARD C	25,000	5.5780	26,375	5.2872	139,450
2020-03-31	MAC	COPPOLA EDWARD C	5,000	5.5340	5,275	5.2455	27,670
2020-03-27	MAC	COPPOLA EDWARD C	25,000	6.1541	26,375	5.8333	153,852
2020-03-27	MAC	COPPOLA EDWARD C	15,000	6.0323	15,825	5.7178	90,484
2020-03-18	MAC	COPPOLA EDWARD C	9,948	6.2800	10,495	5.9526	62,473
2020-03-16	MAC	COPPOLA EDWARD C	10,000	9.8260	10,550	9.3137	98,260
2020-02-19	MAC	COPPOLA EDWARD C	10,000	23.0287	10,550	21.8282	230,287
2020-02-12	MAC	COPPOLA EDWARD C	10,000	23.3000	10,550	22.0853	233,000
2019-08-13	MAC	COPPOLA EDWARD C	4,131	30.5350	4,358	28.9431	126,140
2019-08-13	MAC	COPPOLA EDWARD C	1,808	30.5450	1,907	28.9526	55,225
2019-08-13	MAC	COPPOLA EDWARD C	4,299	30.5350	4,535	28.9431	131,270
2019-08-12	MAC	COPPOLA EDWARD C	701	30.1000	740	28.5308	21,100
2019-08-09	MAC	COPPOLA EDWARD C	4,000	30.6250	4,220	29.0284	122,500
2019-08-09	MAC	COPPOLA EDWARD C	5,031	30.6250	5,308	29.0284	154,074
2019-08-09	MAC	COPPOLA EDWARD C	2,500	30.9616	2,638	29.3475	77,404
2019-08-08	MAC	COPPOLA EDWARD C	3,000	30.9313	3,165	29.3188	92,794
2019-08-08	MAC	COPPOLA EDWARD C	3,692	30.9374	3,895	29.3245	114,221
2019-08-07	MAC	COPPOLA EDWARD C	2,500	30.9426	2,638	29.3295	77,356
2019-06-28	MAC	COPPOLA EDWARD C	1,787	33.4462	1,885	31.7026	59,768
2019-06-27	MAC	COPPOLA EDWARD C	1,713	33.2388	1,807	31.5060	56,938
2019-06-25	MAC	COPPOLA EDWARD C	5,000	32.8800	5,275	31.1659	164,400
2019-05-29	MAC	COPPOLA EDWARD C	2,500	37.0000	2,638	35.0711	92,500
2019-05-24	MAC	COPPOLA EDWARD C	2,500	39.9135	2,638	37.8327	99,784
2019-05-10	MAC	COPPOLA EDWARD C	5,000	40.5000	5,275	38.3886	202,500

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

Insider Sales MAC / The Macerich Company - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MAC / The Macerich Company. 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 (%)
2024-03-28	MAC	COPPOLA EDWARD C	75,000	17.1900	75,000	17.1900	1,289,250	34	13.4600	-279,750	-21.70
2024-03-27	MAC	COPPOLA EDWARD C	20,000	17.0100	20,000	17.0100	340,200
2024-02-20	MAC	COPPOLA EDWARD C	50,000	17.2009	50,000	17.2009	860,045
2012-06-29	MAC	COPPOLA EDWARD C	90,000	58.5966	94,950	55.5418	5,273,694

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 Edward C Coppola as disclosed to the Securities Exchange Commission (SEC).