Alta Equipment Group Inc.
US ˙ NYSE ˙ US02128L1061

Introduction

This page provides a comprehensive analysis of the known insider trading history of Savas Zachary E.. 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 Savas Zachary E. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:ALTG / Alta Equipment Group Inc. Director 99,711
Director 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Savas Zachary E.. 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 ALTG / Alta Equipment Group Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ALTG / Alta Equipment 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 (%)
2023-11-27 ALTG Savas Zachary E. 5,000 9.7410 5,000 9.7410 48,705 128 13.1600 17,095 35.10
2023-08-15 ALTG Savas Zachary E. 5,000 14.1782 5,000 14.1782 70,891
2023-08-14 ALTG Savas Zachary E. 5,000 14.2500 5,000 14.2500 71,250
2022-05-19 ALTG Savas Zachary E. 10,000 10.7284 10,000 10.7284 107,284
2022-05-16 ALTG Savas Zachary E. 459 10.6000 459 10.6000 4,865
2021-09-14 ALTG Savas Zachary E. 5,000 12.9000 5,000 12.9000 64,500
2021-06-10 ALTG Savas Zachary E. 5,000 12.8550 5,000 12.8550 64,275

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

ALTG / Alta Equipment Group Inc. Insider Trades
Insider Sales ALTG / Alta Equipment 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 ALTG / Alta Equipment 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.

ALTG / Alta Equipment Group Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Savas Zachary E. 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
2023-11-28 2023-11-27 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
P - Purchase 5,000 99,711 5.28 9.74 48,705 971,285
2023-08-16 2023-08-15 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
P - Purchase 5,000 94,711 5.57 14.18 70,891 1,342,832
2023-08-16 2023-08-14 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
P - Purchase 5,000 89,711 5.90 14.25 71,250 1,278,382
2023-06-13 2023-06-09 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
A - Award 6,814 84,711 8.75
2022-06-13 2022-06-09 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
A - Award 9,326 77,897 13.60
2022-05-20 2022-05-19 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
P - Purchase 10,000 68,571 17.07 10.73 107,284 735,657
2022-05-20 2022-05-16 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
P - Purchase 459 58,571 0.79 10.60 4,865 620,853
2022-04-27 2021-06-09 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
A - Award 9,331 56,557 19.76
2021-09-16 2021-09-14 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
P - Purchase 5,000 38,781 14.80 12.90 64,500 500,275
2021-06-11 2021-06-10 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
P - Purchase 5,000 33,781 17.37 12.86 64,275 434,255
2021-04-20 2021-04-12 4 ALTG ALTA EQUIPMENT GROUP INC.
Warrants (right to buy)
C - Conversion -9,375 0 -100.00
2021-04-20 2021-04-12 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
C - Conversion 2,465 28,781 9.37
2020-02-19 2020-02-14 4 ALTG ALTA EQUIPMENT GROUP INC.
Private Placement Warrants
J - Other 9,375 9,375
2020-02-19 2020-02-14 4 ALTG ALTA EQUIPMENT GROUP INC.
Common Stock
J - Other 26,316 26,316
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Deferred stock units
M - Exercise -9,371 0 -100.00
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Deferred stock units
M - Exercise -19,846 0 -100.00
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Deferred stock units
M - Exercise -7,552 0 -100.00
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Deferred stock units
M - Exercise -1,974 0 -100.00
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Deferred stock units
M - Exercise -4,172 0 -100.00
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Deferred stock units
M - Exercise -1,738 0 -100.00
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
D - Sale to Issuer -9,371 12,075 -43.70 8.90 -83,404 107,468
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
M - Exercise 9,371 21,446 77.61
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
D - Sale to Issuer -19,846 12,075 -62.17 8.90 -176,633 107,468
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
M - Exercise 19,846 31,921 164.36
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
D - Sale to Issuer -7,552 12,075 -38.48 8.90 -67,214 107,468
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
M - Exercise 7,552 19,627 62.54
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
D - Sale to Issuer -1,974 12,075 -14.05 8.90 -17,571 107,468
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
M - Exercise 1,974 14,049 16.35
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
D - Sale to Issuer -4,172 12,075 -25.68 8.90 -37,130 107,468
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
M - Exercise 4,172 16,247 34.55
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
D - Sale to Issuer -1,738 12,075 -12.58 8.90 -15,466 107,468
2014-01-22 2014-01-20 4 TECUA TECUMSEH PRODUCTS CO
Class A Common Stock
M - Exercise 1,738 13,813 14.39
2013-04-25 2013-04-24 4 TECUA TECUMSEH PRODUCTS CO
Deferred stock units
A - Award 9,371 9,371
2012-04-27 2012-04-25 4 TECUA TECUMSEH PRODUCTS CO
Deferred stock units
A - Award 19,846 19,846
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)