Willdan Group, Inc.
US ˙ NasdaqGM ˙ US96924N1000

Introduction

This page provides a comprehensive analysis of the known insider trading history of C Adam Procell. 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

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate C Adam Procell has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:WLDN / Willdan Group, Inc. CHIEF STRATEGY OFFICER 17,490
US:LIME / Lime Energy Co. CEO and Presirent 162,539
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by C Adam Procell. 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 WLDN / Willdan Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in WLDN / Willdan 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 (%)
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.

WLDN / Willdan Group, Inc. Insider Trades
Insider Sales WLDN / Willdan 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 WLDN / Willdan 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 (%)
2021-09-07 WLDN Procell C Adam 1,844 38.0000 1,844 38.0000 70,072 364 21.1900 -30,998 -44.24
2021-03-16 WLDN Procell C Adam 11 45.9700 11 45.9700 506
2021-03-15 WLDN Procell C Adam 289 46.3700 289 46.3700 13,401
2021-03-15 WLDN Procell C Adam 25 47.0900 25 47.0900 1,177
2021-03-12 WLDN Procell C Adam 92 46.4700 92 46.4700 4,275
2021-03-12 WLDN Procell C Adam 53 47.6100 53 47.6100 2,523
2021-03-12 WLDN Procell C Adam 51 48.5900 51 48.5900 2,478
2021-03-12 WLDN Procell C Adam 29 49.6200 29 49.6200 1,439
2021-03-12 WLDN Procell C Adam 8 50.5500 8 50.5500 404
2021-03-11 WLDN Procell C Adam 52 45.5400 52 45.5400 2,368
2021-03-11 WLDN Procell C Adam 74 45.9700 74 45.9700 3,402
2021-03-11 WLDN Procell C Adam 99 47.6200 99 47.6200 4,714
2020-06-19 WLDN Procell C Adam 1,700 23.5200 1,700 23.5200 39,984

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

WLDN / Willdan Group, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by C Adam Procell 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
2021-09-09 2021-09-07 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -1,844 17,490 -9.54 38.00 -70,072 664,620
2021-06-11 2021-06-10 4 WLDN Willdan Group, Inc.
Common Stock
F - Taxes -1,682 19,228 -8.04 38.89 -65,413 747,777
2021-06-11 2021-06-09 4 WLDN Willdan Group, Inc.
Common Stock
F - Taxes -983 20,910 -4.49 39.27 -38,602 821,136
2021-06-11 2021-06-09 4 WLDN Willdan Group, Inc.
Common Stock
A - Award 2,891 21,893 15.21
2021-03-23 2021-03-16 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -11 19,002 -0.06 45.97 -506 873,522
2021-03-23 2021-03-15 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -25 19,013 -0.13 47.09 -1,177 895,322
2021-03-23 2021-03-15 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -289 19,038 -1.50 46.37 -13,401 882,792
2021-03-23 2021-03-12 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -8 19,327 -0.04 50.55 -404 976,980
2021-03-23 2021-03-12 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -29 19,335 -0.15 49.62 -1,439 959,403
2021-03-23 2021-03-12 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -51 19,364 -0.26 48.59 -2,478 940,897
2021-03-23 2021-03-12 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -53 19,415 -0.27 47.61 -2,523 924,348
2021-03-23 2021-03-12 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -92 19,468 -0.47 46.47 -4,275 904,678
2021-03-23 2021-03-11 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -99 19,560 -0.50 47.62 -4,714 931,447
2021-03-23 2021-03-11 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -74 19,659 -0.38 45.97 -3,402 903,724
2021-03-23 2021-03-11 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -52 19,733 -0.26 45.54 -2,368 898,641
2021-03-12 2021-03-10 4 WLDN Willdan Group, Inc.
Common Stock
A - Award 1,966 19,785 11.03
2020-06-22 2020-06-19 4 WLDN Willdan Group, Inc.
Common Stock
S - Sale -1,700 17,506 -8.85 23.52 -39,984 411,741
2020-06-15 3 WLDN Willdan Group, Inc.
Common Stock
8,412
2020-06-15 3 WLDN Willdan Group, Inc.
Common Stock
8,412
2020-06-15 3 WLDN Willdan Group, Inc.
Common Stock
8,412
2020-06-15 2020-06-11 4 WLDN Willdan Group, Inc.
Common Stock
A - Award 15,000 19,206 356.63
2015-09-22 2015-09-18 4 LIME LIME ENERGY CO.
Option to Purcahse Common Stock
A - Award 162,539 162,539
2015-01-08 2015-01-05 4 LIME LIME ENERGY CO.
Common Stock
A - Award 66,000 94,028 235.48
2014-01-09 2014-01-07 4 LIME LIME ENERGY CO.
Common Stock
A - Award 25,157 28,028 876.25
2013-10-02 3 LIME LIME ENERGY CO.
Common Stock
20,075
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)