Mercury General Corporation
US ˙ NYSE ˙ US5894001008

Introduction

This page provides a comprehensive analysis of the known insider trading history of Joshua Eric Little. 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.

Companies with Reported Insider Positions

The SEC filings indicate Joshua Eric Little has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:MCY / Mercury General Corporation Director 3,250
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Joshua Eric Little. 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 MCY / Mercury General Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MCY / Mercury General Corporation. 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 (%)
2023-08-28 MCY Little Joshua Eric 250 28.5600 250 28.5600 7,140 366 64.7900 9,058 126.86
2023-05-12 MCY Little Joshua Eric 250 29.3318 250 29.3318 7,333
2023-03-13 MCY Little Joshua Eric 250 29.8541 250 29.8541 7,464
2022-08-26 MCY Little Joshua Eric 400 33.1600 400 33.1600 13,264
2022-05-19 MCY Little Joshua Eric 100 47.3304 100 47.3304 4,733
2021-11-16 MCY Little Joshua Eric 300 52.0600 300 52.0600 15,618
2021-09-07 MCY Little Joshua Eric 150 58.5700 150 58.5700 8,786
2020-09-14 MCY Little Joshua Eric 150 43.5600 150 43.5600 6,534
2020-06-11 MCY Little Joshua Eric 150 39.8870 150 39.8870 5,983
2020-03-13 MCY Little Joshua Eric 250 39.7200 250 39.7200 9,930
2020-03-05 MCY Little Joshua Eric 250 43.7430 250 43.7430 10,936
2019-11-12 MCY Little Joshua Eric 250 48.9520 250 48.9520 12,238
2018-02-08 MCY Little Joshua Eric 500 42.6750 500 42.6750 21,338

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

MCY / Mercury General Corporation Insider Trades
Insider Sales MCY / Mercury General Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MCY / Mercury General Corporation. 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.

MCY / Mercury General Corporation Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Joshua Eric Little 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
2023-08-28 2023-08-28 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 250 3,250 8.33 28.56 7,140 92,820
2023-06-21 2023-05-12 4/A MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 250 3,000 9.09 29.33 7,333 87,995
2023-05-15 2023-05-12 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 250 3,000 9.09 29.33 7,333 87,995
2023-03-14 2023-03-13 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 250 2,750 10.00 29.85 7,464 82,099
2022-08-26 2022-08-26 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 400 2,500 19.05 33.16 13,264 82,900
2022-05-19 2022-05-19 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 100 2,100 5.00 47.33 4,733 99,394
2021-11-16 2021-11-16 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 300 2,000 17.65 52.06 15,618 104,120
2021-09-08 2021-09-07 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 150 1,700 9.68 58.57 8,786 99,569
2020-09-16 2020-09-14 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 150 1,550 10.71 43.56 6,534 67,518
2020-06-12 2020-06-11 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 150 1,400 12.00 39.89 5,983 55,842
2020-03-16 2020-03-13 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 250 1,250 25.00 39.72 9,930 49,650
2020-03-05 2020-03-05 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 250 1,000 33.33 43.74 10,936 43,743
2019-11-13 2019-11-12 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 250 750 50.00 48.95 12,238 36,714
2018-02-08 2018-02-08 4 MCY MERCURY GENERAL CORP
Common Stock
P - Purchase 500 500 42.68 21,338 21,338
2017-02-08 3 MCY MERCURY GENERAL CORP
Common Stock
0
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)