Robert A Minicucci - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Robert A Minicucci. 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 Robert A Minicucci 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 Robert A Minicucci. 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 SEM / Select Medical Holdings Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SEM / Select Medical Holdings 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 (%)
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 SEM / Select Medical Holdings Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SEM / Select Medical Holdings 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 (%)
2014-03-13	SEM	WCAS Capital Partners IV, L.P.	428,892	10.9500	428,892	10.9500	4,696,367	11	11.44	210,157	4.47
2014-03-13	SEM	WELSH CARSON ANDERSON & STOWE IX LP	9,571,108	10.9500	9,571,108	10.9500	104,803,633
2014-02-10	SEM	WCAS Capital Partners IV, L.P.	205,867	10.9400	205,867	10.9400	2,252,185
2014-02-10	SEM	WELSH CARSON ANDERSON & STOWE IX LP	4,594,133	10.9400	4,594,133	10.9400	50,259,815
2013-12-20	SEM	WCAS Capital Partners IV, L.P.	14,082	10.6300	14,082	10.6300	149,692
2013-12-20	SEM	WELSH CARSON ANDERSON & STOWE IX LP	314,268	10.6300	314,268	10.6300	3,340,669
2013-12-19	SEM	WCAS Capital Partners IV, L.P.	13,797	10.3500	13,797	10.3500	142,799
2013-12-19	SEM	WELSH CARSON ANDERSON & STOWE IX LP	307,888	10.3500	307,888	10.3500	3,186,641
2013-12-18	SEM	WCAS Capital Partners IV, L.P.	17,156	10.3000	17,156	10.3000	176,707
2013-12-18	SEM	WELSH CARSON ANDERSON & STOWE IX LP	382,844	10.3000	382,844	10.3000	3,943,293
2013-12-17	SEM	WCAS Capital Partners IV, L.P.	7,933	9.9500	7,933	9.9500	78,933
2013-12-17	SEM	WELSH CARSON ANDERSON & STOWE IX LP	177,032	9.9500	177,032	9.9500	1,761,468
2013-12-11	SEM	WCAS Capital Partners IV, L.P.	35,419	9.5300	35,419	9.5300	337,543
2013-12-11	SEM	WELSH CARSON ANDERSON & STOWE IX LP	790,402	9.5300	790,402	9.5300	7,532,531
2013-12-10	SEM	WCAS Capital Partners IV, L.P.	8,578	8.7800	8,578	8.7800	75,315
2013-12-10	SEM	WELSH CARSON ANDERSON & STOWE IX LP	191,422	8.7800	191,422	8.7800	1,680,685
2013-12-09	SEM	WCAS Capital Partners IV, L.P.	6,441	8.5900	6,441	8.5900	55,328
2013-12-09	SEM	WELSH CARSON ANDERSON & STOWE IX LP	143,747	8.5900	143,747	8.5900	1,234,787
2013-12-06	SEM	WCAS Capital Partners IV, L.P.	8,578	8.6000	8,578	8.6000	73,771
2013-12-06	SEM	WELSH CARSON ANDERSON & STOWE IX LP	191,422	8.6000	191,422	8.6000	1,646,229
2013-12-05	SEM	WCAS Capital Partners IV, L.P.	10,722	8.5000	10,722	8.5000	91,137
2013-12-05	SEM	WELSH CARSON ANDERSON & STOWE IX LP	239,278	8.5000	239,278	8.5000	2,033,863
2013-12-04	SEM	WCAS Capital Partners IV, L.P.	10,722	8.6100	10,722	8.6100	92,316
2013-12-04	SEM	WELSH CARSON ANDERSON & STOWE IX LP	239,278	8.6100	239,278	8.6100	2,060,184
2013-12-03	SEM	WCAS Capital Partners IV, L.P.	8,578	8.5200	8,578	8.5200	73,085
2013-12-03	SEM	WELSH CARSON ANDERSON & STOWE IX LP	191,422	8.5200	191,422	8.5200	1,630,915
2013-12-02	SEM	WCAS Capital Partners IV, L.P.	10,053	8.5300	10,053	8.5300	85,752
2013-12-02	SEM	WELSH CARSON ANDERSON & STOWE IX LP	224,347	8.5300	224,347	8.5300	1,913,680
2013-11-29	SEM	WCAS Capital Partners IV, L.P.	2,646	8.6500	2,646	8.6500	22,888
2013-11-29	SEM	WELSH CARSON ANDERSON & STOWE IX LP	59,054	8.6500	59,054	8.6500	510,817
2013-11-27	SEM	WCAS Capital Partners IV, L.P.	8,427	8.5700	8,427	8.5700	72,219
2013-11-27	SEM	WELSH CARSON ANDERSON & STOWE IX LP	188,059	8.5700	188,059	8.5700	1,611,666
2013-11-26	SEM	WCAS Capital Partners IV, L.P.	14,955	8.6200	14,955	8.6200	128,912
2013-11-26	SEM	WELSH CARSON ANDERSON & STOWE IX LP	333,733	8.6200	333,733	8.6200	2,876,778
2013-11-25	SEM	WCAS Capital Partners IV, L.P.	6,626	8.6000	6,626	8.6000	56,984
2013-11-25	SEM	WELSH CARSON ANDERSON & STOWE IX LP	147,874	8.6000	147,874	8.6000	1,271,716
2013-11-22	SEM	WELSH CARSON ANDERSON & STOWE IX LP	126,814	8.5400	126,814	8.5400	1,082,992
2013-11-22	SEM	WCAS Capital Partners IV, L.P.	5,683	8.5400	5,683	8.5400	48,533
2013-11-21	SEM	WELSH CARSON ANDERSON & STOWE IX LP	104,245	8.5500	104,245	8.5500	891,295
2013-11-21	SEM	WCAS Capital Partners IV, L.P.	4,671	8.5500	4,671	8.5500	39,937
2013-11-20	SEM	WELSH CARSON ANDERSON & STOWE IX LP	65,085	8.5400	65,085	8.5400	555,826
2013-11-20	SEM	WCAS Capital Partners IV, L.P.	2,917	8.5400	2,917	8.5400	24,911
2013-11-19	SEM	WCAS Capital Partners IV, L.P.	2,255	8.4900	2,255	8.4900	19,145
2013-11-19	SEM	WELSH CARSON ANDERSON & STOWE IX LP	50,327	8.4900	50,327	8.4900	427,276
2013-11-18	SEM	WCAS Capital Partners IV, L.P.	4,908	8.6500	4,908	8.6500	42,454
2013-11-18	SEM	WELSH CARSON ANDERSON & STOWE IX LP	109,524	8.6500	109,524	8.6500	947,383
2013-11-15	SEM	WCAS Capital Partners IV, L.P.	4,288	8.5400	4,288	8.5400	36,620
2013-11-15	SEM	WELSH CARSON ANDERSON & STOWE IX LP	95,681	8.5400	95,681	8.5400	817,116
2013-11-14	SEM	WELSH CARSON ANDERSON & STOWE IX LP	146,147	8.5400	146,147	8.5400	1,248,095
2013-11-14	SEM	WCAS Capital Partners IV, L.P.	6,549	8.5400	6,549	8.5400	55,928
2013-11-13	SEM	WELSH CARSON ANDERSON & STOWE IX LP	98,050	8.5000	98,050	8.5000	833,425
2013-11-13	SEM	WCAS Capital Partners IV, L.P.	4,394	8.5000	4,394	8.5000	37,349
2013-11-12	SEM	WELSH CARSON ANDERSON & STOWE IX LP	111,675	8.4100	111,675	8.4100	939,187
2013-11-12	SEM	WCAS Capital Partners IV, L.P.	5,004	8.4100	5,004	8.4100	42,084

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 Robert A Minicucci as disclosed to the Securities Exchange Commission (SEC).