Avram A Glazer - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Avram A Glazer. 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 Avram A Glazer 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 Avram A Glazer. 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 VATE.RT / INNOVATE Corp. - Equity Right - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in VATE.RT / INNOVATE Corp. - Equity Right. 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 (%)
2022-05-09	VATE	GLAZER AVRAM A	300,000	2.7953	30,000	27.9530	838,590	304	3.4400	-735,390	-87.69
2022-05-06	VATE	GLAZER AVRAM A	100,242	2.9246	10,024	29.2460	293,168
2021-03-16	HCHC	GLAZER AVRAM A	2,164,108	3.8000	2,164,108	3.8000	8,223,610
2020-12-08	HCHC	GLAZER AVRAM A	43,000	3.4917	43,000	3.4917	150,143
2020-12-07	HCHC	GLAZER AVRAM A	197,548	3.4868	197,548	3.4868	688,810
2020-12-04	HCHC	GLAZER AVRAM A	100,000	3.4761	100,000	3.4761	347,610
2020-12-03	HCHC	GLAZER AVRAM A	1,062,009	3.5431	1,062,009	3.5431	3,762,804
2020-12-02	HCHC	GLAZER AVRAM A	1,344,276	3.3844	1,344,276	3.3844	4,549,568
2020-12-01	HCHC	GLAZER AVRAM A	193,715	3.3596	193,715	3.3596	650,805
2020-09-09	HCHC	GLAZER AVRAM A	10,000		10,000
2020-06-16	HCHC	GLAZER AVRAM A	515,000	3.7833	515,000	3.7833	1,948,400
2020-06-15	HCHC	GLAZER AVRAM A	446,233	3.5864	446,233	3.5864	1,600,370
2020-06-03	HCHC	GLAZER AVRAM A	162,000	2.9721	162,000	2.9721	481,480
2020-06-02	HCHC	GLAZER AVRAM A	300,000	2.9170	300,000	2.9170	875,100
2020-06-01	HCHC	GLAZER AVRAM A	52,224	2.7209	52,224	2.7209	142,096
2020-05-19	HCHC	GLAZER AVRAM A	13,910	2.4990	13,910	2.4990	34,761
2020-05-15	HCHC	GLAZER AVRAM A	84,500	2.3990	84,500	2.3990	202,716

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

Insider Sales VATE.RT / INNOVATE Corp. - Equity Right - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in VATE.RT / INNOVATE Corp. - Equity Right. 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 Avram A Glazer as disclosed to the Securities Exchange Commission (SEC).