Janet Holian - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Janet Holian. 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 Janet Holian 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 Janet Holian. 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 CMPR / Cimpress plc - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CMPR / Cimpress plc. 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 CMPR / Cimpress plc - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CMPR / Cimpress plc. 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 (%)
2009-10-01	VPRT	Holian Janet	4,375	49.1600	4,375	49.1600	215,075	327
2009-10-01	VPRT	Holian Janet	500	49.8500	500	49.8500	24,925
2006-10-09	VPRT	Holian Janet	100	25.0000	100	25.0000	2,500
2006-10-09	VPRT	Holian Janet	199	25.0100	199	25.0100	4,977
2006-10-09	VPRT	Holian Janet	179	25.0200	179	25.0200	4,479
2006-10-09	VPRT	Holian Janet	101	25.0300	101	25.0300	2,528
2006-10-09	VPRT	Holian Janet	400	25.0400	400	25.0400	10,016
2006-10-09	VPRT	Holian Janet	600	25.0600	600	25.0600	15,036
2006-10-09	VPRT	Holian Janet	121	25.0700	121	25.0700	3,033
2006-10-09	VPRT	Holian Janet	297	25.0800	297	25.0800	7,449
2006-10-09	VPRT	Holian Janet	800	25.0900	800	25.0900	20,072
2006-10-09	VPRT	Holian Janet	200	25.1000	200	25.1000	5,020
2006-10-09	VPRT	Holian Janet	500	25.1100	500	25.1100	12,555
2006-10-09	VPRT	Holian Janet	100	25.1200	100	25.1200	2,512
2006-10-09	VPRT	Holian Janet	3	25.1400	3	25.1400	75
2006-10-09	VPRT	Holian Janet	900	25.1500	900	25.1500	22,635
2006-10-09	VPRT	Holian Janet	300	25.1600	300	25.1600	7,548
2006-10-09	VPRT	Holian Janet	500	25.1700	500	25.1700	12,585
2006-10-09	VPRT	Holian Janet	111	25.1800	111	25.1800	2,795
2006-10-09	VPRT	Holian Janet	189	25.1900	189	25.1900	4,761
2006-10-09	VPRT	Holian Janet	600	25.2000	600	25.2000	15,120
2006-10-09	VPRT	Holian Janet	100	25.2200	100	25.2200	2,522
2006-10-09	VPRT	Holian Janet	500	25.2400	500	25.2400	12,620
2006-10-09	VPRT	Holian Janet	500	25.2500	500	25.2500	12,625
2006-10-09	VPRT	Holian Janet	100	25.2700	100	25.2700	2,527
2006-10-09	VPRT	Holian Janet	100	25.2800	100	25.2800	2,528
2006-10-09	VPRT	Holian Janet	100	25.2900	100	25.2900	2,529
2006-10-09	VPRT	Holian Janet	600	25.3000	600	25.3000	15,180
2006-10-09	VPRT	Holian Janet	300	25.3100	300	25.3100	7,593
2006-10-09	VPRT	Holian Janet	100	25.3200	100	25.3200	2,532
2006-10-09	VPRT	Holian Janet	200	25.3300	200	25.3300	5,066

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 Janet Holian as disclosed to the Securities Exchange Commission (SEC).