Jim Lewis - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Jim Lewis. 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 Jim Lewis 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 Jim Lewis. 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 LARK / Landmark Bancorp, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LARK / Landmark Bancorp, 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 (%)
2023-07-14	LARK	LEWIS JIM	2,350	21.5930	2,468	20.5648	50,744	202	22.0000	3,531	6.96
2023-07-13	LARK	LEWIS JIM	106	20.9220	111	19.9257	2,218
2023-07-12	LARK	LEWIS JIM	267	21.3500	280	20.3333	5,700
2023-06-30	LARK	LEWIS JIM	146	21.8568	153	20.8160	3,191
2023-06-29	LARK	LEWIS JIM	200	21.8227	210	20.7835	4,365
2023-06-28	LARK	LEWIS JIM	1,407	21.5738	1,477	20.5465	30,354
2023-06-26	LARK	LEWIS JIM	20	21.9600	21	20.9143	439
2023-06-20	LARK	LEWIS JIM	133	21.7600	140	20.7238	2,894
2023-06-16	LARK	LEWIS JIM	133	21.4800	140	20.4571	2,857
2023-06-15	LARK	LEWIS JIM	238	21.7400	250	20.7048	5,174
2023-06-07	LARK	LEWIS JIM	267	21.7923	280	20.7546	5,819
2023-06-06	LARK	LEWIS JIM	228	21.4992	239	20.4754	4,902
2023-06-01	LARK	LEWIS JIM	133	20.7899	140	19.7999	2,765
2023-05-30	LARK	LEWIS JIM	33	20.6400	35	19.6571	681
2023-05-26	LARK	LEWIS JIM	67	20.0000	70	19.0476	1,340
2023-05-25	LARK	LEWIS JIM	1,400	20.3608	1,470	19.3912	28,505
2023-05-24	LARK	LEWIS JIM	867	20.4074	910	19.4356	17,693
2023-05-12	LARK	LEWIS JIM	267	19.7725	280	18.8310	5,279
2023-05-11	LARK	LEWIS JIM	508	19.7427	533	18.8026	10,029
2023-05-10	LARK	LEWIS JIM	57	19.5500	60	18.6190	1,114
2023-05-09	LARK	LEWIS JIM	733	19.6215	770	18.6871	14,383
2023-05-08	LARK	LEWIS JIM	94	19.4500	99	18.5238	1,828

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

Insider Sales LARK / Landmark Bancorp, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LARK / Landmark Bancorp, 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.

Insider Trading History

This table shows the complete list of insider trades made by Jim Lewis as disclosed to the Securities Exchange Commission (SEC).