Matthew Joseph Sepe - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Matthew Joseph Sepe. 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 Matthew Joseph Sepe 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 Matthew Joseph Sepe. 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 LITE / Lumentum Holdings Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LITE / Lumentum Holdings 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 LITE / Lumentum Holdings Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LITE / Lumentum Holdings 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 (%)
2024-11-13	LITE	Sepe Matthew Joseph	8,172	87.5990	8,172	87.5990	715,859	142	49.5600	-310,855	-43.42
2024-02-15	LITE	Sepe Matthew Joseph	9,903	49.2334	9,903	49.2334	487,558
2022-08-29	LITE	Sepe Matthew Joseph	2,282	86.1675	2,282	86.1675	196,634
2022-08-29	LITE	Sepe Matthew Joseph	748	86.2952	748	86.2952	64,549
2022-02-17	LITE	Sepe Matthew Joseph	2,302	101.2700	2,302	101.2700	233,124
2021-08-23	LITE	Sepe Matthew Joseph	408	86.2400	408	86.2400	35,186
2021-08-23	LITE	Sepe Matthew Joseph	2,737	86.3900	2,737	86.3900	236,449
2020-08-18	LITE	Sepe Matthew Joseph	5,671	88.9800	5,671	88.9800	504,606
2020-08-18	LITE	Sepe Matthew Joseph	306	90.4133	306	90.4133	27,666
2020-05-07	LITE	Sepe Matthew Joseph	2,896	81.2459	2,896	81.2459	235,288
2019-12-16	LITE	Sepe Matthew Joseph	48	76.3000	48	76.3000	3,662
2019-11-18	LITE	Sepe Matthew Joseph	112	68.9100	112	68.9100	7,718
2019-11-15	LITE	Sepe Matthew Joseph	121	68.5900	121	68.5900	8,299
2019-09-16	LITE	Sepe Matthew Joseph	48	58.2600	48	58.2600	2,796
2019-08-28	LITE	Sepe Matthew Joseph	479	0.0000	479	0.0000	0
2019-08-19	LITE	Sepe Matthew Joseph	228	60.2900	228	60.2900	13,746
2019-08-13	LITE	Sepe Matthew Joseph	4,811	59.8800	4,811	59.8800	288,083
2018-08-24	LITE	Sepe Matthew Joseph	2,000	64.9100	2,000	64.9100	129,820
2018-07-16	LITE	Sepe Matthew Joseph	1,466	58.3800	1,466	58.3800	85,585

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 Matthew Joseph Sepe as disclosed to the Securities Exchange Commission (SEC).