Great Elm Group, Inc.

Introduction

This page provides a comprehensive analysis of the known insider trading history of James H Hugar. 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.

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Companies with Reported Insider Positions

The SEC filings indicate James H Hugar has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:GEG / Great Elm Group, Inc. Director 343,067
Director 36,517
US:VTSS / Director 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by James H Hugar. 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 GEG / Great Elm Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GEG / Great Elm Group, 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 (%)
2024-05-21 GEG Hugar James H 5,100 1.7600 5,100 1.7600 8,976 365 2.0300 1,377 15.34
2024-05-21 GEG Hugar James H 1,256 1.7700 1,256 1.7700 2,223
2024-05-20 GEG Hugar James H 678 1.7600 678 1.7600 1,193
2024-05-20 GEG Hugar James H 970 1.7800 970 1.7800 1,727
2024-05-15 GEG Hugar James H 4,400 1.8200 4,400 1.8200 8,008
2024-05-15 GEG Hugar James H 16 1.8100 16 1.8100 29
2024-05-14 GEG Hugar James H 393 1.8100 393 1.8100 711
2023-11-15 GEG Hugar James H 2,800 1.9851 2,800 1.9851 5,558
2023-11-14 GEG Hugar James H 2,242 1.9700 2,242 1.9700 4,417
2023-02-23 GEG Hugar James H 800 2.0875 800 2.0875 1,670
2023-02-22 GEG Hugar James H 15,000 2.1499 15,000 2.1499 32,248
2022-05-18 GEG Hugar James H 1,823 2.0357 1,823 2.0357 3,711
2022-05-16 GEG Hugar James H 1,674 2.1132 1,674 2.1132 3,537
2022-05-13 GEG Hugar James H 1,359 2.0487 1,359 2.0487 2,784
2022-05-12 GEG Hugar James H 3,359 1.9252 3,359 1.9252 6,467
2022-05-10 GEG Hugar James H 2,000 1.8387 2,000 1.8387 3,677
2022-05-09 GEG Hugar James H 4,289 1.6111 4,289 1.6111 6,910

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

GEG / Great Elm Group, Inc. Insider Trades
Insider Sales GEG / Great Elm 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 GEG / Great Elm Group, 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.

GEG / Great Elm Group, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by James H Hugar 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
2025-01-07 2025-01-03 4 GEG Great Elm Group, Inc.
Common Stock 		A - Award 35,714 343,067 11.62
2024-05-21 2024-05-21 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 1,256 307,353 0.41 1.77 2,223 544,015
2024-05-21 2024-05-21 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 5,100 306,097 1.69 1.76 8,976 538,731
2024-05-21 2024-05-20 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 970 300,997 0.32 1.78 1,727 535,775
2024-05-21 2024-05-20 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 678 300,027 0.23 1.76 1,193 528,048
2024-05-15 2024-05-15 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 16 299,349 0.01 1.81 29 541,822
2024-05-15 2024-05-15 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 4,400 299,333 1.49 1.82 8,008 544,786
2024-05-15 2024-05-14 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 393 294,933 0.13 1.81 711 533,829
2024-01-04 2024-01-03 4 GEG Great Elm Group, Inc.
Common Stock 		A - Award 34,759 294,540 13.38
2023-11-16 2023-11-15 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 2,800 259,781 1.09 1.99 5,558 515,691
2023-11-16 2023-11-14 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 2,242 256,981 0.88 1.97 4,417 506,253
2023-02-24 2023-02-23 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 800 254,739 0.32 2.09 1,670 531,768
2023-02-24 2023-02-22 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 15,000 253,939 6.28 2.15 32,248 545,943
2023-01-09 2023-01-05 4 GEG Great Elm Group, Inc.
Common Stock 		A - Award 42,986 238,939 21.94
2023-01-09 2023-01-05 4 GEG Great Elm Group, Inc.
Common Stock 		A - Award 29,412 195,953 17.66
2022-05-24 2022-05-18 4/A GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 1,823 166,541 1.11 2.04 3,711 339,028
2022-05-20 2022-05-18 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 1,577 166,295 0.96 2.03 3,202 337,695
2022-05-16 2022-05-16 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 1,674 164,718 1.03 2.11 3,537 348,082
2022-05-16 2022-05-13 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 1,359 163,044 0.84 2.05 2,784 334,028
2022-05-16 2022-05-12 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 3,359 161,685 2.12 1.93 6,467 311,276
2022-05-11 2022-05-10 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 2,000 158,326 1.28 1.84 3,677 291,114
2022-05-11 2022-05-09 4 GEG Great Elm Group, Inc.
Common Stock 		P - Purchase 4,289 156,326 2.82 1.61 6,910 251,857
2022-01-05 2022-01-03 4 GEG Great Elm Group, Inc.
Common Stock 		A - Award 46,117 152,037 43.54
2022-01-05 2022-01-03 4 GEG Great Elm Group, Inc.
Common Stock 		A - Award 31,553 105,920 42.43
2021-07-02 2021-07-01 4 GEG Great Elm Group, Inc.
Common Stock 		A - Award 20,042 74,367 36.89
2021-03-23 2021-03-19 4 GEG Great Elm Group, Inc.
Common Stock 		A - Award 17,808 54,325 48.77
2020-04-28 2020-04-10 4 GEC Great Elm Capital Group, Inc.
Common Stock 		A - Award 36,517 36,517
2015-04-29 2015-04-28 4 VTSS VITESSE SEMICONDUCTOR CORP
Restricted Stock Unit 		D - Sale to Issuer -16,500 0 -100.00 5.28 -87,120
2015-04-29 2015-04-28 4 VTSS VITESSE SEMICONDUCTOR CORP
Stock Option (Right to Buy) 		D - Sale to Issuer -2,000 0 -100.00
2015-04-29 2015-04-28 4 VTSS VITESSE SEMICONDUCTOR CORP
Stock Option (Right to Buy) 		D - Sale to Issuer -3,750 0 -100.00
2015-04-29 2015-04-27 4 VTSS VITESSE SEMICONDUCTOR CORP
Common Stock 		U - Other -101,956 0 -100.00 5.28 -538,328
2015-01-13 2015-01-12 4 VTSS VITESSE SEMICONDUCTOR CORP
Common Stock 		A - Award 16,500 118,456 16.18
2014-01-14 2014-01-13 4 VTSS VITESSE SEMICONDUCTOR CORP
Common Stock 		A - Award 13,500 101,956 15.26
2013-06-25 2013-06-25 4 VTSS VITESSE SEMICONDUCTOR CORP
Common Stock 		P - Purchase 10,000 88,456 12.75 2.15 21,500 190,180
2013-01-15 2013-01-14 4 VTSS VITESSE SEMICONDUCTOR CORP
Common Stock 		A - Award 13,500 78,456 20.78
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)