Tavakoli Nader - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Tavakoli Nader. 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 Tavakoli Nader 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 Tavakoli Nader. 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 AMBC / Ambac Financial Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in AMBC / Ambac Financial Group, 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 (%)
2016-09-20	AMBC	NADER TAVAKOLI	8,700	18.1100	8,700	18.1100	157,557	83	26.7800	75,429	47.87
2016-09-19	AMBC	NADER TAVAKOLI	1,200	17.9700	1,200	17.9700	21,564
2016-09-16	AMBC	NADER TAVAKOLI	2,100	17.9200	2,100	17.9200	37,632
2016-06-27	AMBC	NADER TAVAKOLI	16,600	15.0300	16,600	15.0300	249,498
2016-06-24	AMBC	NADER TAVAKOLI	3,400	15.2800	3,400	15.2800	51,952
2016-06-14	AMBC	NADER TAVAKOLI	17,281	15.6800	17,281	15.6800	270,966
2016-06-13	AMBC	NADER TAVAKOLI	21,574	16.2200	21,574	16.2200	349,930
2016-05-20	AMBC	NADER TAVAKOLI	10,400	16.3000	10,400	16.3000	169,520
2016-05-19	AMBC	NADER TAVAKOLI	3,800	15.8400	3,800	15.8400	60,192
2016-05-19	AMBC	NADER TAVAKOLI	2,200	16.0000	2,200	16.0000	35,200
2016-04-06	AMBC	NADER TAVAKOLI	16,200	14.8400	16,200	14.8400	240,408
2016-03-31	AMBC	NADER TAVAKOLI	8,390	15.8000	8,390	15.8000	132,562
2016-03-30	AMBC	NADER TAVAKOLI	20,000	16.0500	20,000	16.0500	321,000
2016-01-08	AMBC	NADER TAVAKOLI	28,381	12.6500	28,381	12.6500	359,020
2016-01-07	AMBC	NADER TAVAKOLI	33,115	12.9700	33,115	12.9700	429,502
2015-12-14	AMBC	NADER TAVAKOLI	16,100	13.2200	16,100	13.2200	212,842
2015-11-12	AMBC	NADER TAVAKOLI	31,325	15.0400	31,325	15.0400	471,128
2015-07-07	AMBC	NADER TAVAKOLI	1,600	17.0000	1,600	17.0000	27,200
2015-07-06	AMBC	NADER TAVAKOLI	5,900	16.0400	5,900	16.0400	94,636
2015-07-02	AMBC	NADER TAVAKOLI	7,500	16.8300	7,500	16.8300	126,225

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

Insider Sales AMBC / Ambac Financial Group, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in AMBC / Ambac Financial Group, 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 Purchases MX / Magnachip Semiconductor Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in AMBC / Ambac Financial Group, 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 (%)
2018-02-13	MX	NADER TAVAKOLI	15,000	9.0700	15,000	9.0700	136,050	177	12.3500	49,200	36.16
2018-02-12	MX	NADER TAVAKOLI	20,000	9.4300	20,000	9.4300	188,600
2017-08-11	MX	NADER TAVAKOLI	12,900	10.2900	12,900	10.2900	132,741
2017-08-10	MX	NADER TAVAKOLI	26,200	10.8500	26,200	10.8500	284,270

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

Insider Sales MX / Magnachip Semiconductor Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in AMBC / Ambac Financial Group, 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 (%)
2013-08-12	MX	NADER TAVAKOLI	5,000	19.1000	5,000	19.1000	95,500	294	12.1400	-34,800	-36.44
2013-08-12	MX	NADER TAVAKOLI	5,000	19.1500	5,000	19.1500	95,750
2013-08-09	MX	NADER TAVAKOLI	6,800	19.2500	6,800	19.2500	130,900
2013-08-09	MX	NADER TAVAKOLI	8,200	19.0600	8,200	19.0600	156,292

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 Tavakoli Nader as disclosed to the Securities Exchange Commission (SEC).