David C Dauch - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of David C Dauch. 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 David C Dauch 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 David C Dauch. 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 AXL / American Axle & Manufacturing Holdings, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in AXL / American Axle & Manufacturing Holdings, 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 (%)
2018-11-05	AXL	DAUCH DAVID C	88,100	11.4700	88,100	11.4700	1,010,507	107	16.93	481,026	47.60
2016-11-14	AXL	DAUCH DAVID C	700	14.2700	700	14.2700	9,989
2016-11-14	AXL	DAUCH DAVID C	2,873	14.3000	2,873	14.3000	41,084
2016-11-14	AXL	DAUCH DAVID C	700	14.3100	700	14.3100	10,017
2016-11-14	AXL	DAUCH DAVID C	600	14.3200	600	14.3200	8,592
2016-11-14	AXL	DAUCH DAVID C	500	14.3300	500	14.3300	7,165
2016-11-14	AXL	DAUCH DAVID C	1,500	14.3400	1,500	14.3400	21,510
2016-11-14	AXL	DAUCH DAVID C	1,101	14.3500	1,101	14.3500	15,799
2016-11-14	AXL	DAUCH DAVID C	300	14.3600	300	14.3600	4,308
2016-11-14	AXL	DAUCH DAVID C	200	14.3700	200	14.3700	2,874
2016-11-14	AXL	DAUCH DAVID C	200	14.3800	200	14.3800	2,876
2016-11-14	AXL	DAUCH DAVID C	470	14.3900	470	14.3900	6,763
2016-11-14	AXL	DAUCH DAVID C	230	14.4000	230	14.4000	3,312
2016-11-14	AXL	DAUCH DAVID C	618	14.4100	618	14.4100	8,905
2016-11-14	AXL	DAUCH DAVID C	1,666	14.4200	1,666	14.4200	24,024
2016-11-14	AXL	DAUCH DAVID C	400	14.4300	400	14.4300	5,772
2016-11-14	AXL	DAUCH DAVID C	300	14.4400	300	14.4400	4,332
2016-11-14	AXL	DAUCH DAVID C	900	14.4500	900	14.4500	13,005
2016-11-14	AXL	DAUCH DAVID C	3,100	14.4600	3,100	14.4600	44,826
2016-11-14	AXL	DAUCH DAVID C	2,700	14.4700	2,700	14.4700	39,069
2016-11-14	AXL	DAUCH DAVID C	1,600	14.4800	1,600	14.4800	23,168
2016-11-14	AXL	DAUCH DAVID C	8,699	14.4900	8,699	14.4900	126,049
2016-11-14	AXL	DAUCH DAVID C	2,450	14.5000	2,450	14.5000	35,525
2016-11-14	AXL	DAUCH DAVID C	1,300	14.5100	1,300	14.5100	18,863
2016-11-14	AXL	DAUCH DAVID C	4,452	14.5200	4,452	14.5200	64,643
2016-11-14	AXL	DAUCH DAVID C	7,100	14.5300	7,100	14.5300	103,163
2016-11-14	AXL	DAUCH DAVID C	2,527	14.5400	2,527	14.5400	36,743
2016-11-14	AXL	DAUCH DAVID C	214	14.5500	214	14.5500	3,114
2016-11-14	AXL	DAUCH DAVID C	1,000	14.5600	1,000	14.5600	14,560
2016-11-14	AXL	DAUCH DAVID C	1,600	14.5700	1,600	14.5700	23,312

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

Insider Sales AXL / American Axle & Manufacturing Holdings, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in AXL / American Axle & Manufacturing Holdings, 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.

Insider Purchases REVG / REV Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in AXL / American Axle & Manufacturing Holdings, 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.

Insider Sales REVG / REV Group, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in AXL / American Axle & Manufacturing Holdings, 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.

Insider Trading History

This table shows the complete list of insider trades made by David C Dauch as disclosed to the Securities Exchange Commission (SEC).