R Scott LaRue - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of R Scott LaRue. 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 R Scott LaRue 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 R Scott LaRue. 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 PIPR / Piper Sandler Companies - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in PIPR / Piper Sandler Companies. 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 (%)
2020-03-11	PIPR	LaRue R Scott	10,000	54.5000	10,000	54.5000	545,000	365	121.0800	665,800	122.17
2015-11-17	PJC	LaRue R Scott	15,000	34.5779	15,000	34.5779	518,668

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

Insider Sales PIPR / Piper Sandler Companies - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in PIPR / Piper Sandler Companies. 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 (%)
2021-02-08	PIPR	LaRue R Scott	10,000	101.5200	10,000	101.5200	1,015,200	1	103.0100	14,900	1.47
2021-02-08	PIPR	LaRue R Scott	5,000	102.8400	5,000	102.8400	514,200
2020-11-09	PIPR	LaRue R Scott	9,400	89.4681	9,400	89.4681	841,000
2020-11-06	PIPR	LaRue R Scott	600	85.0000	600	85.0000	51,000
2017-02-15	PJC	LaRue R Scott	5,000	81.5060	5,000	81.5060	407,530
2017-02-03	PJC	LaRue R Scott	15,000	75.3333	15,000	75.3333	1,130,000
2016-11-09	PJC	LaRue R Scott	10,000	59.2900	10,000	59.2900	592,900
2016-05-25	PJC	LaRue R Scott	20,000	41.7600	20,000	41.7600	835,200
2014-11-06	PJC	LaRue R Scott	6,670	57.3700	6,670	57.3700	382,658
2014-08-11	PJC	LaRue R Scott	3,609	53.6174	3,609	53.6174	193,505
2013-05-15	PJC	LaRue R Scott	6,934	35.8100	6,934	35.8100	248,307
2013-02-06	PJC	LaRue R Scott	3,800	40.9400	3,800	40.9400	155,572
2013-02-06	PJC	LaRue R Scott	1,200	40.9500	1,200	40.9500	49,140
2013-01-31	PJC	LaRue R Scott	15,000	38.3772	15,000	38.3772	575,658
2012-10-22	PJC	LaRue R Scott	5,000	27.2500	5,000	27.2500	136,250
2012-10-22	PJC	LaRue R Scott	5,000	27.4010	5,000	27.4010	137,005
2012-10-19	PJC	LaRue R Scott	4,800	27.2500	4,800	27.2500	130,800
2012-10-18	PJC	LaRue R Scott	5,200	27.3200	5,200	27.3200	142,064

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 R Scott LaRue as disclosed to the Securities Exchange Commission (SEC).