Caliber Imaging & Diagnostics, Inc.
US ˙ OTCPK

Introduction

This page provides a comprehensive analysis of the known insider trading history of Kevin M Cronin. 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 Kevin M Cronin has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:LCDX / Caliber Imaging & Diagnostics, Inc. Director 321,653
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Kevin M Cronin. 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 LCDX / Caliber Imaging & Diagnostics, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LCDX / Caliber Imaging & Diagnostics, 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 (%)
2014-07-31 lcdx CRONIN KEVIN M 185,444 0.5500 185,444 0.5500 101,994 349 0.9600 76,032 74.55
2013-12-17 LCDX CRONIN KEVIN M 400 0.6700 400 0.6700 268
2013-12-13 LCDX CRONIN KEVIN M 400 0.6900 400 0.6900 276
2013-12-11 LCDX CRONIN KEVIN M 400 0.7800 400 0.7800 312
2013-12-03 LCDX CRONIN KEVIN M 2,000 0.7700 2,000 0.7700 1,540
2013-12-03 LCDX CRONIN KEVIN M 4,000 0.8000 4,000 0.8000 3,200
2013-12-03 LCDX CRONIN KEVIN M 5,000 0.8500 5,000 0.8500 4,250
2013-12-03 LCDX CRONIN KEVIN M 10,000 0.7800 10,000 0.7800 7,800
2013-11-18 LCDX CRONIN KEVIN M 1,500 1.0500 1,500 1.0500 1,575
2013-11-18 LCDX CRONIN KEVIN M 3,000 1.0000 3,000 1.0000 3,000
2013-11-15 LCDX CRONIN KEVIN M 500 1.0000 500 1.0000 500
2013-11-14 LCDX CRONIN KEVIN M 500 0.8000 500 0.8000 400
2013-11-14 LCDX CRONIN KEVIN M 500 0.9900 500 0.9900 495
2013-11-14 LCDX CRONIN KEVIN M 500 1.0000 500 1.0000 500
2013-08-22 LCDX CRONIN KEVIN M 2,000 0.7400 2,000 0.7400 1,480
2013-08-22 LCDX CRONIN KEVIN M 1,250 0.7600 1,250 0.7600 950
2013-08-22 LCDX CRONIN KEVIN M 500 1.0000 500 1.0000 500
2013-08-20 LCDX CRONIN KEVIN M 5,000 1.0000 5,000 1.0000 5,000
2013-08-16 LCDX CRONIN KEVIN M 7,500 1.0000 7,500 1.0000 7,500
2013-08-14 LCDX CRONIN KEVIN M 14,000 0.9600 14,000 0.9600 13,440
2013-08-14 LCDX CRONIN KEVIN M 11,500 1.0000 11,500 1.0000 11,500
2013-06-14 LCDX CRONIN KEVIN M 2,000 1.0000 2,000 1.0000 2,000
2013-06-14 LCDX CRONIN KEVIN M 4,000 0.9700 4,000 0.9700 3,880
2013-06-07 LCDX CRONIN KEVIN M 7,000 0.9000 7,000 0.9000 6,300
2013-06-06 LCDX CRONIN KEVIN M 3,000 0.8000 3,000 0.8000 2,400
2013-06-06 LCDX CRONIN KEVIN M 1,000 0.8000 1,000 0.8000 800
2013-06-05 LCDX CRONIN KEVIN M 150 0.6200 150 0.6200 93
2013-06-05 LCDX CRONIN KEVIN M 600 0.5000 600 0.5000 300
2013-06-05 LCDX CRONIN KEVIN M 5,000 0.7000 5,000 0.7000 3,500

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

LCDX / Caliber Imaging & Diagnostics, Inc. Insider Trades
Insider Sales LCDX / Caliber Imaging & Diagnostics, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LCDX / Caliber Imaging & Diagnostics, 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.

LCDX / Caliber Imaging & Diagnostics, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Kevin M Cronin 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
2014-08-05 2014-07-31 4 lcdx LUCID INC
Common Stock
P - Purchase 185,444 321,653 136.15 0.55 101,994 176,909
2013-12-19 2013-12-17 4 LCDX LUCID INC
Common Stock
P - Purchase 400 136,209 0.29 0.67 268 91,260
2013-12-13 2013-12-13 4 LCDX LUCID INC
Common Stock
P - Purchase 400 135,809 0.30 0.69 276 93,708
2013-12-13 2013-12-11 4 LCDX LUCID INC
Common Stock
P - Purchase 400 135,409 0.30 0.78 312 105,619
2013-12-05 2013-12-03 4 LCDX LUCID INC
Common Stock
P - Purchase 10,000 135,009 8.00 0.78 7,800 105,307
2013-12-05 2013-12-03 4 LCDX LUCID INC
Common Stock
P - Purchase 5,000 125,009 4.17 0.85 4,250 106,258
2013-12-05 2013-12-03 4 LCDX LUCID INC
Common Stock
P - Purchase 4,000 120,009 3.45 0.80 3,200 96,007
2013-12-05 2013-12-03 4 LCDX LUCID INC
Common Stock
P - Purchase 2,000 116,009 1.75 0.77 1,540 89,327
2013-11-20 2013-11-18 4 LCDX LUCID INC
Common Stock
P - Purchase 3,000 114,009 2.70 1.00 3,000 114,009
2013-11-20 2013-11-18 4 LCDX LUCID INC
Common Stock
P - Purchase 1,500 111,009 1.37 1.05 1,575 116,559
2013-11-18 2013-11-15 4 LCDX LUCID INC
Common Stock
P - Purchase 500 109,509 0.46 1.00 500 109,509
2013-11-18 2013-11-14 4 LCDX LUCID INC
Common Stock
P - Purchase 500 109,009 0.46 1.00 500 109,009
2013-11-18 2013-11-14 4 LCDX LUCID INC
Common Stock
P - Purchase 500 108,509 0.46 0.99 495 107,424
2013-11-18 2013-11-14 4 LCDX LUCID INC
Common Stock
P - Purchase 500 108,009 0.47 0.80 400 86,407
2013-09-17 2013-09-13 4 LCDX LUCID INC
Common Stock Option
A - Award 100,000 100,000
2013-08-26 2013-08-22 4 LCDX LUCID INC
Common Stock
P - Purchase 500 107,509 0.47 1.00 500 107,509
2013-08-26 2013-08-22 4 LCDX LUCID INC
Common Stock
P - Purchase 1,250 107,009 1.18 0.76 950 81,327
2013-08-26 2013-08-22 4 LCDX LUCID INC
Common Stock
P - Purchase 2,000 105,759 1.93 0.74 1,480 78,262
2013-08-21 2013-08-20 4 LCDX LUCID INC
Common Stock
P - Purchase 5,000 103,759 5.06 1.00 5,000 103,759
2013-08-19 2013-08-16 4 LCDX LUCID INC
Common Stock
P - Purchase 7,500 98,759 8.22 1.00 7,500 98,759
2013-08-15 2013-08-14 4 LCDX LUCID INC
Common Stock
P - Purchase 11,500 91,259 14.42 1.00 11,500 91,259
2013-08-15 2013-08-14 4 LCDX LUCID INC
Common Stock
P - Purchase 14,000 79,759 21.29 0.96 13,440 76,569
2013-06-18 2013-06-14 4 LCDX LUCID INC
Common Stock
P - Purchase 4,000 65,759 6.48 0.97 3,880 63,786
2013-06-18 2013-06-14 4 LCDX LUCID INC
Common Stock
P - Purchase 2,000 61,759 3.35 1.00 2,000 61,759
2013-06-07 2013-06-07 4 LCDX LUCID INC
Common Stock
P - Purchase 7,000 59,759 13.27 0.90 6,300 53,783
2013-06-07 2013-06-06 4 LCDX LUCID INC
Common Stock
P - Purchase 1,000 52,759 1.93 0.80 800 42,207
2013-06-07 2013-06-06 4 LCDX LUCID INC
Common Stock
P - Purchase 3,000 51,759 6.15 0.80 2,400 41,407
2013-06-07 2013-06-05 4 LCDX LUCID INC
Common Stock
P - Purchase 5,000 48,759 11.43 0.70 3,500 34,131
2013-06-07 2013-06-05 4 LCDX LUCID INC
Common Stock
P - Purchase 600 43,759 1.39 0.50 300 21,880
2013-06-07 2013-06-05 4 LCDX LUCID INC
Common Stock
P - Purchase 150 43,159 0.35 0.62 93 26,759
2013-03-08 3 LCDX LUCID INC
Common Stock
31,009
2013-03-08 3 LCDX LUCID INC
Common Stock
12,000
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)