Scott T Mereness - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Scott T Mereness. 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 Scott T Mereness 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 Scott T Mereness. 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 LCII / LCI Industries - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LCII / LCI Industries. 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 (%)
2018-06-01	LCII	Mereness Scott T	4,000	85.0000	4,000	85.0000	340,000	63	100.5000	62,000	18.24
2017-11-09	LCII	Mereness Scott T	1,500	114.0000	1,500	114.0000	171,000
2017-08-10	LCII	Mereness Scott T	1,500	94.0000	1,500	94.0000	141,000
2017-08-09	LCII	Mereness Scott T	1,500	95.0000	1,500	95.0000	142,500

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

Insider Sales LCII / LCI Industries - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LCII / LCI Industries. 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 (%)
2016-12-20	DW	Mereness Scott T	1,000	111.2500	1,000	111.2500	111,250	730
2016-12-08	DW	Mereness Scott T	1,000	109.7500	1,000	109.7500	109,750
2016-12-07	DW	Mereness Scott T	1,998	108.2500	1,998	108.2500	216,284
2016-12-06	DW	Mereness Scott T	2	107.7500	2	107.7500	216
2016-11-29	DW	Mereness Scott T	2,000	106.5000	2,000	106.5000	213,000
2016-09-06	DW	Mereness Scott T	2,000	102.6000	2,000	102.6000	205,200
2016-08-29	DW	Mereness Scott T	2,000	101.6000	2,000	101.6000	203,200
2016-08-26	DW	Mereness Scott T	2,000	100.7000	2,000	100.7000	201,400
2016-08-25	DW	Mereness Scott T	2,000	100.4500	2,000	100.4500	200,900
2016-06-23	DW	Mereness Scott T	3,000	84.0000	3,000	84.0000	252,000
2016-06-08	DW	Mereness Scott T	3,000	80.0000	3,000	80.0000	240,000
2016-05-31	DW	Mereness Scott T	3,000	78.0000	3,000	78.0000	234,000
2016-05-25	DW	Mereness Scott T	3,000	76.5000	3,000	76.5000	229,500
2016-05-24	DW	Mereness Scott T	3,000	75.1500	3,000	75.1500	225,450
2015-11-25	DW	Mereness Scott T	3,700	60.0000	3,700	60.0000	222,000
2015-11-23	DW	Mereness Scott T	300	60.0000	300	60.0000	18,000
2015-05-18	DW	Mereness Scott T	3,803	63.5000	3,803	63.5000	241,490
2013-06-17	DW	Mereness Scott T	3,000	40.8000	3,000	40.8000	122,400
2013-06-03	DW	Mereness Scott T	5,000	38.0000	5,000	38.0000	190,000
2013-06-03	DW	Mereness Scott T	5,000	38.2500	5,000	38.2500	191,250
2012-08-08	DW	Mereness Scott T	5,300	28.8600	5,300	28.8600	152,958
2012-06-29	DW	Mereness Scott T	2,000	27.8600	2,000	27.8600	55,720

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 Scott T Mereness as disclosed to the Securities Exchange Commission (SEC).