Titan Machinery Inc.
US ˙ NasdaqGS ˙ US88830R1014

Introduction

This page provides a comprehensive analysis of the known insider trading history of David Joseph Meyer. 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

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Companies with Reported Insider Positions

The SEC filings indicate David Joseph Meyer has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:TITN / Titan Machinery Inc. Chairman, Director 144,199
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by David Joseph Meyer. 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 TITN / Titan Machinery Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in TITN / Titan Machinery 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 (%)
2025-03-24 TITN Meyer David Joseph 3,000 16.8600 3,000 16.8600 50,580 101 21.6000 14,220 28.11
2025-03-21 TITN Meyer David Joseph 22,524 16.8300 22,524 16.8300 379,079
2024-05-28 TITN Meyer David Joseph 55,000 18.1200 55,000 18.1200 996,600
2014-09-10 TITN Meyer David Joseph 90,250 13.0094 90,250 13.0094 1,174,098

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

TITN / Titan Machinery Inc. Insider Trades
Insider Sales TITN / Titan Machinery Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in TITN / Titan Machinery 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 (%)
2021-06-01 TITN Meyer David Joseph 100,000 32.0200 100,000 32.0200 3,202,000 17
2021-06-01 TITN Meyer David Joseph 100,000 32.0200 100,000 32.0200 3,202,000
2021-05-28 TITN Meyer David Joseph 100,000 31.3100 100,000 31.3100 3,131,000
2021-05-28 TITN Meyer David Joseph 100,000 31.3100 100,000 31.3100 3,131,000
2021-04-15 TITN Meyer David Joseph 40,036 26.1300 40,036 26.1300 1,046,141
2021-04-14 TITN Meyer David Joseph 23,777 26.4900 23,777 26.4900 629,853
2021-04-14 TITN Meyer David Joseph 101,223 26.4900 101,223 26.4900 2,681,397
2021-04-13 TITN Meyer David Joseph 39,723 26.6400 39,723 26.6400 1,058,221
2021-04-13 TITN Meyer David Joseph 13,241 26.6400 13,241 26.6400 352,740
2021-04-12 TITN Meyer David Joseph 136,500 26.8400 136,500 26.8400 3,663,660
2021-04-12 TITN Meyer David Joseph 45,500 26.8400 45,500 26.8400 1,221,220
2021-01-06 TITN Meyer David Joseph 94,574 20.9900 94,574 20.9900 1,985,108
2020-12-16 TITN Meyer David Joseph 1,726 20.1900 1,726 20.1900 34,848
2020-12-15 TITN Meyer David Joseph 53,700 20.1100 53,700 20.1100 1,079,907
2020-12-15 TITN Meyer David Joseph 50,000 20.1100 50,000 20.1100 1,005,500
2018-11-30 TITN Meyer David Joseph 53,000 18.5600 53,000 18.5600 983,680
2018-01-03 TITN Meyer David Joseph 61,796 21.8500 61,796 21.8500 1,350,243
2017-05-26 TITN Meyer David Joseph 44,950 17.2493 44,950 17.2493 775,356

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

TITN / Titan Machinery Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by David Joseph Meyer 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
2025-06-20 2025-06-19 4 TITN Titan Machinery Inc.
Common Stock 		A - Award 1,489 144,199 1.04
2025-06-03 2025-06-02 4 TITN Titan Machinery Inc.
Common Stock 		A - Award 4,322 142,710 3.12
2025-03-25 2025-03-24 4 TITN Titan Machinery Inc.
Common Stock 		P - Purchase 3,000 138,388 2.22 16.86 50,580 2,333,222
2025-03-25 2025-03-21 4 TITN Titan Machinery Inc.
Common Stock 		P - Purchase 22,524 135,388 19.96 16.83 379,079 2,278,580
2024-05-28 2024-05-28 4 TITN Titan Machinery Inc.
Common Stock 		P - Purchase 55,000 1,805,000 3.14 18.12 996,600 32,706,600
2021-06-01 2021-06-01 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -100,000 1,750,000 -5.41 32.02 -3,202,000 56,035,000
2021-06-01 2021-06-01 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -100,000 1,750,000 -5.41 32.02 -3,202,000 56,035,000
2021-06-01 2021-05-28 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -100,000 1,850,000 -5.13 31.31 -3,131,000 57,923,500
2021-06-01 2021-05-28 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -100,000 1,850,000 -5.13 31.31 -3,131,000 57,923,500
2021-04-15 2021-04-15 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -40,036 1,950,000 -2.01 26.13 -1,046,141 50,953,500
2021-04-14 2021-04-14 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -101,223 1,990,036 -4.84 26.49 -2,681,397 52,716,054
2021-04-14 2021-04-14 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -23,777 312,864 -7.06 26.49 -629,853 8,287,767
2021-04-14 2021-04-13 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -13,241 2,091,259 -0.63 26.64 -352,740 55,711,140
2021-04-14 2021-04-13 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -39,723 336,641 -10.55 26.64 -1,058,221 8,968,116
2021-04-14 2021-04-12 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -45,500 2,104,500 -2.12 26.84 -1,221,220 56,484,780
2021-04-14 2021-04-12 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -136,500 376,364 -26.62 26.84 -3,663,660 10,101,610
2021-01-07 2021-01-06 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -94,574 512,864 -15.57 20.99 -1,985,108 10,765,015
2020-12-17 2020-12-16 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -1,726 607,438 -0.28 20.19 -34,848 12,264,173
2020-12-17 2020-12-15 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -50,000 2,150,000 -2.27 20.11 -1,005,500 43,236,500
2020-12-17 2020-12-15 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -53,700 609,164 -8.10 20.11 -1,079,907 12,250,288
2018-11-30 2018-11-30 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -53,000 662,864 -7.40 18.56 -983,680 12,302,756
2018-01-04 2018-01-03 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -61,796 715,864 -7.95 21.85 -1,350,243 15,641,628
2017-05-31 2017-05-31 4 TITN Titan Machinery Inc.
Stock Option (right to buy) 		M - Exercise -53,000 0 -100.00
2017-05-31 2017-05-31 4 TITN Titan Machinery Inc.
Common Stock 		M - Exercise 53,000 777,660 7.31 8.50 450,500 6,610,110
2017-05-30 2017-05-26 4 TITN Titan Machinery Inc.
Common Stock 		S - Sale -44,950 724,660 -5.84 17.25 -775,356 12,499,878
2015-06-05 2015-06-01 4/A TITN Titan Machinery Inc.
Common Stock 		A - Award 15,352 769,610 2.04
2015-06-03 2015-06-01 4 TITN Titan Machinery Inc.
Common Stock 		A - Award 16,160 770,418 2.14
2014-09-11 2014-09-10 4 TITN Titan Machinery Inc.
Common Stock 		P - Purchase 90,250 754,258 13.59 13.01 1,174,098 9,812,444
2014-06-03 2014-06-02 4 TITN Titan Machinery Inc.
Common Stock 		A - Award 13,797 664,008 2.12
2013-02-27 2012-12-26 5 TITN Titan Machinery Inc.
Common Stock 		G - Gift -2,050 650,211 -0.31
2013-02-27 2012-09-13 5 TITN Titan Machinery Inc.
Common Stock 		G - Gift 2,200,000 2,200,000
2013-02-27 2012-09-13 5 TITN Titan Machinery Inc.
Common Stock 		G - Gift -2,200,000 652,261 -77.13
2012-12-05 2012-12-03 4 TITN Titan Machinery Inc.
Common Stock 		A - Award 18,141 2,852,261 0.64
2012-01-13 2012-01-11 4 TITN Titan Machinery Inc.
Stock Option (Right to Buy) 		M - Exercise -47,000 0 -100.00
2012-01-13 2012-01-11 4 TITN Titan Machinery Inc.
Common Stock 		M - Exercise 47,000 2,834,120 1.69 9.35 439,450 26,499,022
2007-12-05 3 TITN Titan Machinery Inc.
Common Stock 		3,902,680
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)