Patel Mahesh V. - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Patel Mahesh V.. 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 Patel Mahesh V. 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 Patel Mahesh V.. 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 LPCN / Lipocine Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LPCN / Lipocine 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 (%)
2023-05-25	LPCN	Patel Mahesh V.	8,706	5.0300	8,706	5.0300	43,791	365	6.8900	16,193	36.98
2023-03-24	LPCN	Patel Mahesh V.	150,000	0.3200	8,824	5.4400	48,000
2023-03-17	LPCN	Patel Mahesh V.	50,000	0.3300	2,941	5.6100	16,500
2022-11-14	LPCN	Patel Mahesh V.	75,000	0.3900	4,412	6.6300	29,250
2022-09-27	LPCN	Patel Mahesh V.	100,000	0.4100	5,882	6.9700	41,000
2022-05-16	LPCN	Patel Mahesh V.	50,000	0.7699	2,941	13.0883	38,495
2021-11-18	LPCN	Patel Mahesh V.	25,000	1.0900	1,471	18.5300	27,250
2019-12-31	LPCN	Patel Mahesh V.	40,000	0.3835	2,353	6.5195	15,340
2019-12-10	LPCN	Patel Mahesh V.	25,000	0.3990	1,471	6.7830	9,975
2019-11-26	LPCN	Patel Mahesh V.	1,272	0.4265	75	7.2505	543
2019-11-26	LPCN	Patel Mahesh V.	700	0.4266	41	7.2522	299
2019-11-26	LPCN	Patel Mahesh V.	1,100	0.4270	65	7.2590	470
2019-11-26	LPCN	Patel Mahesh V.	21,928	0.4280	1,290	7.2760	9,385
2019-11-18	LPCN	Patel Mahesh V.	4,931	0.3999	290	6.7983	1,972
2019-11-18	LPCN	Patel Mahesh V.	40,259	0.4000	2,368	6.8000	16,104
2019-11-18	LPCN	Patel Mahesh V.	4,810	0.4198	283	7.1366	2,019
2015-09-30	LPCN	Patel Mahesh V.	2,000	12.0000	118	204.0000	24,000
2015-09-30	LPCN	Patel Mahesh V.	700	11.6799	41	198.5583	8,176
2015-09-30	LPCN	Patel Mahesh V.	1,300	11.6760	76	198.4920	15,179
2014-11-25	LPCN	Patel Mahesh V.	2,000	5.1000	118	86.7000	10,200
2014-11-24	LPCN	Patel Mahesh V.	2,000	5.4500	118	92.6500	10,900
2014-11-14	LPCN	Patel Mahesh V.	1,900	5.0600	112	86.0200	9,614
2014-11-14	LPCN	Patel Mahesh V.	100	5.0599	6	86.0183	506
2014-11-13	LPCN	Patel Mahesh V.	2,000	5.0520	118	85.8840	10,104

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

Insider Sales LPCN / Lipocine Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LPCN / Lipocine 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 Trading History

This table shows the complete list of insider trades made by Patel Mahesh V. as disclosed to the Securities Exchange Commission (SEC).