Peter Pfeiffer - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Peter Pfeiffer. 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 Peter Pfeiffer 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 Peter Pfeiffer. 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 ATR / AptarGroup, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ATR / AptarGroup, 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 (%)
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 ATR / AptarGroup, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ATR / AptarGroup, 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 (%)
2017-02-15	ATR	PFEIFFER PETER	143,000	73.2000	143,000	73.2000	10,467,600	0	73.2000	0	0.00
2016-11-22	ATR	PFEIFFER PETER	6,300	74.7318	6,300	74.7318	470,810
2016-11-22	ATR	PFEIFFER PETER	23,700	75.3783	23,700	75.3783	1,786,466
2016-03-18	ATR	PFEIFFER PETER	90,000	76.6701	90,000	76.6701	6,900,309
2016-03-17	ATR	PFEIFFER PETER	53,000	77.2798	53,000	77.2798	4,095,829
2015-11-23	ATR	PFEIFFER PETER	80,000	73.9799	80,000	73.9799	5,918,392
2014-11-21	ATR	PFEIFFER PETER	37,259	64.9425	37,259	64.9425	2,419,693
2014-11-20	ATR	PFEIFFER PETER	42,741	64.7935	42,741	64.7935	2,769,339
2014-11-19	ATR	PFEIFFER PETER	445	65.0000	445	65.0000	28,925
2014-11-18	ATR	PFEIFFER PETER	74,555	65.2120	74,555	65.2120	4,861,881
2014-05-14	ATR	PFEIFFER PETER	140,000	67.0070	140,000	67.0070	9,380,980
2013-04-30	ATR	PFEIFFER PETER	139,500	55.2580	139,500	55.2580	7,708,491
2013-04-30	ATR	PFEIFFER PETER	500	56.0590	500	56.0590	28,030
2013-04-29	ATR	PFEIFFER PETER	140,000	55.3123	140,000	55.3123	7,743,722
2012-08-15	ATR	PFEIFFER PETER	8,580	50.1406	8,580	50.1406	430,206
2012-08-14	ATR	PFEIFFER PETER	47,220	50.0485	47,220	50.0485	2,363,290
2012-08-10	ATR	PFEIFFER PETER	1,900	50.0069	1,900	50.0069	95,013
2012-08-09	ATR	PFEIFFER PETER	100	50.0000	100	50.0000	5,000
2012-08-08	ATR	PFEIFFER PETER	13,900	50.0903	13,900	50.0903	696,255
2012-08-07	ATR	PFEIFFER PETER	48,700	50.1552	48,700	50.1552	2,442,558
2012-08-06	ATR	PFEIFFER PETER	19,600	50.1949	19,600	50.1949	983,820

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 Peter Pfeiffer as disclosed to the Securities Exchange Commission (SEC).