Saul Centers, Inc.
US ˙ NYSE ˙ US8043951016

Introduction

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

Security Title Latest Reported Holdings
US:BFS / Saul Centers, Inc. Senior VP - Office Leasing 15,000
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Corey Steven N.. 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 BFS / Saul Centers, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BFS / Saul Centers, 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.

BFS / Saul Centers, Inc. Insider Trades
Insider Sales BFS / Saul Centers, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BFS / Saul Centers, 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 (%)
2018-08-20 BFS Corey Steven N. 3,750 59.2600 3,750 59.2600 222,225 126 45.7100 -50,812 -22.87
2017-10-09 BFS Corey Steven N. 7,171 63.2600 7,171 63.2600 453,637
2017-10-06 BFS Corey Steven N. 4,079 63.2700 4,079 63.2700 258,078
2017-07-07 BFS Corey Steven N. 5,000 59.0400 5,000 59.0400 295,200
2016-09-02 BFS Corey Steven N. 244 67.3300 244 67.3300 16,429
2016-08-10 BFS Corey Steven N. 2,438 66.7500 2,438 66.7500 162,736
2016-08-09 BFS Corey Steven N. 2,682 66.4100 2,682 66.4100 178,112
2016-08-05 BFS Corey Steven N. 2,136 66.4600 2,136 66.4600 141,959
2016-07-01 BFS Corey Steven N. 4,052 61.2800 4,052 61.2800 248,313
2016-05-10 BFS Corey Steven N. 21,250 56.5871 21,250 56.5871 1,202,476
2015-01-07 BFS Corey Steven N. 3,750 58.0764 3,750 58.0764 217,786
2015-01-07 BFS Corey Steven N. 5,000 58.0764 5,000 58.0764 290,382
2014-06-30 BFS Corey Steven N. 0 48.5000 0 48.5000 0
2014-06-27 BFS Corey Steven N. 3,382 49.0000 3,382 49.0000 165,718
2014-06-26 BFS Corey Steven N. 1,081 49.0069 1,081 49.0069 52,976
2014-06-24 BFS Corey Steven N. 8,294 49.0210 8,294 49.0210 406,580
2014-06-20 BFS Corey Steven N. 243 49.5000 243 49.5000 12,028

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

BFS / Saul Centers, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Corey Steven N. 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
2019-05-07 2019-05-03 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 15,000 15,000 55.71 835,650 835,650
2018-08-21 2018-08-20 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -3,750 0 -100.00 47.03 -176,362
2018-08-21 2018-08-20 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -3,750 0 -100.00 59.26 -222,225
2018-08-21 2018-08-20 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 3,750 3,750 47.03 176,362 176,362
2018-05-14 2018-05-11 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 15,000 15,000 49.46 741,900 741,900
2017-10-10 2017-10-09 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -7,171 7,500 -48.88 51.07 -366,223 383,025
2017-10-10 2017-10-09 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -7,171 0 -100.00 63.26 -453,637
2017-10-10 2017-10-09 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 7,171 7,171 51.07 366,223 366,223
2017-10-10 2017-10-06 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -329 14,671 -2.19 51.07 -16,802 749,248
2017-10-10 2017-10-06 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -3,750 3,750 -50.00 47.03 -176,362 176,362
2017-10-10 2017-10-06 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -4,079 0 -100.00 63.27 -258,078
2017-10-10 2017-10-06 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 329 4,079 8.77 51.07 16,802 208,315
2017-10-10 2017-10-06 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 3,750 3,750 47.03 176,362 176,362
2017-07-11 2017-07-07 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -5,000 0 -100.00 44.42 -222,100
2017-07-11 2017-07-07 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -5,000 0 -100.00 59.04 -295,200
2017-07-11 2017-07-07 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 5,000 5,000 44.42 222,100 222,100
2017-05-09 2017-05-05 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 15,000 15,000 59.41 891,150 891,150
2016-09-06 2016-09-02 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -244 7,500 -3.15 47.03 -11,475 352,725
2016-09-06 2016-09-02 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -244 0 -100.00 67.33 -16,429
2016-09-06 2016-09-02 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 244 244 47.03 11,475 11,475
2016-08-11 2016-08-10 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -2,438 7,744 -23.94 47.03 -114,659 364,200
2016-08-11 2016-08-10 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -2,438 0 -100.00 66.75 -162,736
2016-08-11 2016-08-10 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 2,438 2,438 47.03 114,659 114,659
2016-08-09 2016-08-09 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -2,682 10,182 -20.85 47.03 -126,134 478,859
2016-08-09 2016-08-09 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -2,682 0 -100.00 66.41 -178,112
2016-08-09 2016-08-09 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 2,682 2,682 47.03 126,134 126,134
2016-08-09 2016-08-05 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -2,136 12,864 -14.24 47.03 -100,456 604,994
2016-08-09 2016-08-05 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -2,136 0 -100.00 66.46 -141,959
2016-08-09 2016-08-05 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 2,136 2,136 47.03 100,456 100,456
2016-07-07 2016-07-01 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise 0 0 39.29
2016-07-07 2016-07-01 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise 0 0 41.82
2016-07-07 2016-07-01 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -4,052 4,155 -49.37 61.28 -248,313 254,628
2016-05-11 2016-05-10 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -10,000 5,000 -66.67 44.42 -444,200 222,100
2016-05-11 2016-05-10 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -7,500 0 -100.00 39.29 -294,675
2016-05-11 2016-05-10 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -3,750 0 -100.00 41.82 -156,825
2016-05-11 2016-05-10 4 BFS SAUL CENTERS INC
Common Stock
S - Sale -21,250 0 -100.00 56.59 -1,202,476
2016-05-11 2016-05-10 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 10,000 21,250 88.89 44.42 444,200 943,925
2016-05-11 2016-05-10 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 7,500 11,250 200.00 39.29 294,675 442,012
2016-05-11 2016-05-10 4 BFS SAUL CENTERS INC
Common Stock
M - Exercise 3,750 3,750 41.82 156,825 156,825
2016-05-10 2016-05-06 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 15,000 15,000 57.74 866,100 866,100
2016-02-09 2015-12-31 5 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 0 15,000 0.00 51.07 766,050
2015-05-12 2015-05-08 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 15,000 15,000 51.07 766,050 766,050
2015-01-08 2015-01-07 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -5,000 15,000 -25.00 44.42 -222,100 666,300
2015-01-08 2015-01-07 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -3,750 3,750 -50.00 41.82 -156,825 156,825
2015-01-08 2015-01-07 4 BFS SAUL CENTERS INC
Common Shares
S - Sale -5,000 0 -100.00 58.08 -290,382
2015-01-08 2015-01-07 4 BFS SAUL CENTERS INC
Common Shares
M - Exercise 5,000 5,000 44.42 222,100 222,100
2015-01-08 2015-01-07 4 BFS SAUL CENTERS INC
Common Shares
S - Sale -3,750 0 -100.00 58.08 -217,786
2015-01-08 2015-01-07 4 BFS SAUL CENTERS INC
Common Shares
M - Exercise 3,750 3,750 41.82 156,825 156,825
2014-07-02 2014-06-30 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -2,000 7,500 -21.05 39.29 -78,580 294,675
2014-07-02 2014-06-30 4 BFS SAUL CENTERS INC
Common Shares
S - Sale 0 0 48.50
2014-07-02 2014-06-30 4 BFS SAUL CENTERS INC
Common Shares
M - Exercise 2,000 2,000 39.29 78,580 78,580
2014-06-30 2014-06-27 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -3,382 9,500 -26.25 39.29 -132,879 373,255
2014-06-30 2014-06-27 4 BFS SAUL CENTERS INC
Common Shares
S - Sale -3,382 0 -100.00 49.00 -165,718
2014-06-30 2014-06-27 4 BFS SAUL CENTERS INC
Common Shares
M - Exercise 3,382 3,382 39.29 132,879 132,879
2014-06-30 2014-06-26 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -1,081 12,882 -7.74 39.29 -42,472 506,134
2014-06-30 2014-06-26 4 BFS SAUL CENTERS INC
Common Shares
S - Sale -1,081 0 -100.00 49.01 -52,976
2014-06-30 2014-06-26 4 BFS SAUL CENTERS INC
Common Shares
M - Exercise 1,081 1,081 39.29 42,472 42,472
2014-06-24 2014-06-24 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -1,037 13,963 -6.91 39.29 -40,744 548,606
2014-06-24 2014-06-24 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -7,257 7,500 -49.18 41.82 -303,488 313,650
2014-06-24 2014-06-24 4 BFS SAUL CENTERS INC
Common Shares
S - Sale -8,294 0 -100.00 49.02 -406,580
2014-06-24 2014-06-24 4 BFS SAUL CENTERS INC
Common Shares
M - Exercise 1,037 8,294 14.29 39.29 40,744 325,871
2014-06-24 2014-06-24 4 BFS SAUL CENTERS INC
Common Shares
M - Exercise 7,257 7,257 41.82 303,488 303,488
2014-06-24 2014-06-20 4 BFS SAUL CENTERS INC
Employee Stock Option
M - Exercise -243 14,757 -1.62 41.82 -10,162 617,138
2014-06-24 2014-06-20 4 BFS SAUL CENTERS INC
Common Shares
S - Sale -243 0 -100.00 49.50 -12,028
2014-06-24 2014-06-20 4 BFS SAUL CENTERS INC
Common Shares
M - Exercise 243 243 41.82 10,162 10,162
2014-05-13 2014-05-09 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 15,000 15,000 47.03 705,450 705,450
2013-05-14 2013-05-10 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 20,000 20,000 44.42 888,400 888,400
2012-05-08 2012-05-04 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 15,000 15,000 39.29 589,350 589,350
2011-05-17 2011-05-13 4 BFS SAUL CENTERS INC
Employee Stock Option
A - Award 15,000 15,000 41.82 627,300 627,300
2011-05-17 3 BFS SAUL CENTERS INC
No securities beneficially owned
0
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)