Extreme Networks, Inc.
US ˙ NasdaqGS ˙ US30226D1063

Introduction

This page provides a comprehensive analysis of the known insider trading history of Bob L Corey. 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 Bob L Corey has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:APIC / American Pacific Investcorp LP - Units Director 0
US:CALD / Callidus Software, Inc. EVP, Chief Financial Officer 175,501
US:EXTR / Extreme Networks, Inc. Director 30,000
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Bob L Corey. 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 EXTR / Extreme Networks, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in EXTR / Extreme Networks, 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.

EXTR / Extreme Networks, Inc. Insider Trades
Insider Sales EXTR / Extreme Networks, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in EXTR / Extreme Networks, 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.

EXTR / Extreme Networks, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Bob L Corey 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
2016-11-15 2016-11-10 4 APIC Apigee Corp
Stock Option (right to buy)
D - Sale to Issuer -19,000 0 -100.00
2016-11-15 2016-11-10 4 APIC Apigee Corp
Stock Option (right to buy)
D - Sale to Issuer -31,052 0 -100.00
2016-11-15 2016-11-10 4 APIC Apigee Corp
Common Stock
D - Sale to Issuer -3,000 0 -100.00
2016-10-19 2016-10-17 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -2,911 175,501 -1.63 18.30 -53,271 3,211,668
2016-10-19 2016-10-17 4 CALD CALLIDUS SOFTWARE INC
Common Stock
A - Award 5,577 178,412 3.23
2016-09-02 2016-08-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -7,081 187,331 -3.64 19.32 -136,805 3,619,235
2016-08-11 2016-08-11 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -4,047 32,800 -10.98 19.89 -80,495 652,392
2016-08-11 2016-08-09 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -9,068 36,847 -19.75 19.19 -174,015 707,094
2016-06-02 2016-05-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -5,557 194,412 -2.78 18.56 -103,138 3,608,287
2016-05-17 2016-05-13 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -15,000 45,915 -24.62 17.12 -256,794 786,046
2016-03-02 2016-02-29 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -5,100 241,704 -2.07 13.73 -70,023 3,318,596
2016-03-02 2016-02-16 4 CALD CALLIDUS SOFTWARE INC
Common Stock
A - Award 123,214 246,804 99.70
2016-01-15 2016-01-13 4 APIC Apigee Corp
Stock Option (Right to Buy)
A - Award 19,000 19,000
2016-01-15 2016-01-13 4 APIC Apigee Corp
Common Stock
A - Award 3,000 3,000
2015-12-02 2015-11-30 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -3,698 123,590 -2.91 20.75 -76,734 2,564,492
2015-11-19 2015-11-18 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -4,500 19,180 -19.00 20.69 -93,125 396,921
2015-11-19 2015-11-17 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -5,500 23,680 -18.85 20.05 -110,299 474,886
2015-09-02 2015-08-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -3,697 127,288 -2.82 15.77 -58,302 2,007,332
2015-08-07 2015-08-07 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -6,400 29,180 -17.99 15.79 -101,075 460,840
2015-08-07 2015-08-07 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -600 35,580 -1.66 15.79 -9,475 561,844
2015-06-01 2015-05-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -11,655 200,985 -5.48 14.32 -166,900 2,878,105
2015-05-22 2015-05-21 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -9,000 36,180 -19.92 14.50 -130,500 524,610
2015-05-22 2015-05-20 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -15,907 45,180 -26.04 14.41 -229,220 651,044
2015-03-03 2015-02-28 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -8,394 273,134 -2.98 14.29 -119,950 3,903,085
2015-02-19 2015-02-17 4 CALD CALLIDUS SOFTWARE INC
Common Stock
A - Award 77,807 281,528 38.19
2015-02-17 2015-02-15 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -2,610 203,721 -1.26 14.95 -39,020 3,045,629
2015-02-17 2015-02-15 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -11,912 206,331 -5.46 14.95 -178,084 3,084,648
2015-02-03 2015-01-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -3,373 218,243 -1.52 14.95 -50,426 3,262,733
2014-12-02 2014-11-30 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -5,731 221,616 -2.52 15.97 -91,524 3,539,208
2014-09-03 2014-08-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -5,731 227,347 -2.46 11.48 -65,792 2,609,944
2014-06-02 2014-05-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -5,731 233,078 -2.40 10.51 -60,233 2,449,650
2014-06-02 2014-05-29 4 CALD CALLIDUS SOFTWARE INC
Common Stock
S - Sale -32,000 593 -98.18 10.70 -342,454 6,346
2014-03-04 2014-02-28 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -5,652 271,402 -2.04 12.33 -69,689 3,346,387
2014-02-19 2014-02-15 4 CALD CALLIDUS SOFTWARE INC
Common Stock
A - Award 15,000 264,764 6.01
2014-02-19 2014-02-15 4 CALD CALLIDUS SOFTWARE INC
Common Stock
A - Award 70,000 249,764 38.94
2014-02-19 2014-02-15 4 CALD CALLIDUS SOFTWARE INC
Common Stock
A - Award 70,000 179,914 63.69
2013-12-03 2013-11-29 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -5,594 109,764 -4.85 10.92 -61,086 1,198,623
2013-11-27 2013-11-26 4 CALD CALLIDUS SOFTWARE INC
Common Stock
G - Gift 150 150 10.95 1,642 1,642
2013-09-03 2013-08-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
F - Taxes -6,642 115,358 -5.44 7.69 -51,077 887,103
2013-06-04 2013-05-31 4 CALD CALLIDUS SOFTWARE INC
Non-Qualified Stock Option (right to buy)
A - Award 122,000 122,000 6.01 733,220 733,220
2013-06-04 2013-05-31 4 CALD CALLIDUS SOFTWARE INC
Common Stock
A - Award 122,000 122,000
2004-12-03 2004-12-01 4 EXTR EXTREME NETWORKS INC
Non-qualified Stock Option (right to buy)
A - Award 30,000 30,000
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)