Nicholas P Lazzaro - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Nicholas P Lazzaro. 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 Nicholas P Lazzaro 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 Nicholas P Lazzaro. 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 SNCR / Synchronoss Technologies, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SNCR / Synchronoss Technologies, 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 SNCR / Synchronoss Technologies, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SNCR / Synchronoss Technologies, 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 (%)
2015-10-12	SNCR	Lazzaro Nicholas P	1,000	36.0500	111	324.4500	36,050	115	201.06	-13,732	-38.09
2015-09-11	SNCR	Lazzaro Nicholas P	1,000	39.4200	111	354.7800	39,420
2015-08-11	SNCR	Lazzaro Nicholas P	1,000	47.7900	111	430.1100	47,790
2015-07-13	SNCR	Lazzaro Nicholas P	1,000	46.3600	111	417.2400	46,360
2015-06-11	SNCR	Lazzaro Nicholas P	1,000	48.5500	111	436.9500	48,550
2015-05-15	SNCR	Lazzaro Nicholas P	1,212	46.5400	135	418.8600	56,406
2015-05-11	SNCR	Lazzaro Nicholas P	1,000	45.5500	111	409.9500	45,550
2015-04-13	SNCR	Lazzaro Nicholas P	1,000	49.4100	111	444.6900	49,410
2015-03-11	SNCR	Lazzaro Nicholas P	1,000	43.0100	111	387.0900	43,010
2015-02-11	SNCR	Lazzaro Nicholas P	1,600	41.7100	178	375.3900	66,736
2015-02-11	SNCR	Lazzaro Nicholas P	619	41.7200	69	375.4800	25,825
2015-01-12	SNCR	Lazzaro Nicholas P	1,600	40.3200	178	362.8800	64,512
2014-12-11	SNCR	Lazzaro Nicholas P	1,600	39.8700	178	358.8300	63,792
2014-11-14	SNCR	Lazzaro Nicholas P	860	47.9600	96	431.6400	41,246
2014-11-11	SNCR	Lazzaro Nicholas P	1,600	53.6200	178	482.5800	85,792
2014-10-13	SNCR	Lazzaro Nicholas P	15,000	42.5500	1,667	382.9500	638,250
2014-08-14	SNCR	Lazzaro Nicholas P	862	39.2700	96	353.4300	33,851

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

Insider Purchases VG / Venture Global, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SNCR / Synchronoss Technologies, 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 VG / Venture Global, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SNCR / Synchronoss Technologies, 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 (%)
2013-02-20	VG	Lazzaro Nicholas P	56,300	2.6280	56,300	2.6280	147,956	1	2.56	-3,828	-2.59
2013-02-19	VG	Lazzaro Nicholas P	55,700	2.6211	55,700	2.6211	145,995

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 Nicholas P Lazzaro as disclosed to the Securities Exchange Commission (SEC).