Introduction

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

Security Title Latest Reported Holdings
US:IDT / IDT Corporation CAO & Controller 4,547
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Mitch Silberman. 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 Trading History

This table shows the complete list of insider trades made by Mitch Silberman 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
2025-02-27 2025-02-25 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
F - Taxes -1,782 4,547 -28.16 49.11 -87,514 223,303
2025-02-27 2025-02-25 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
M - Exercise 5,157 6,329 440.02 49.11 253,260 310,817
2024-12-04 2024-12-02 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
A - Award 1,172 1,172
2024-03-28 2024-03-27 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
S - Sale -2,115 0 -100.00 38.01 -80,395
2022-01-07 2022-01-05 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
F - Taxes -1,217 2,115 -36.52 44.78 -54,503 94,720
2022-01-07 2022-01-05 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
M - Exercise 3,332 3,332 44.78 149,224 149,224
2021-03-29 2021-03-26 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
S - Sale -1,919 0 -100.00 23.00 -44,137
2021-01-08 2021-01-06 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
S - Sale -1,070 1,919 -35.80 12.75 -13,642 24,467
2021-01-05 2021-01-05 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
F - Taxes -1,207 2,989 -28.77 12.33 -14,882 36,854
2021-01-05 2021-01-05 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
M - Exercise 3,126 4,196 292.15 12.33 38,544 51,737
2020-01-08 2020-01-06 4 IDT IDT CORP
Deferred Stock Units
M - Exercise -1,667 3,333 -33.34
2020-01-08 2020-01-06 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
F - Taxes -597 1,070 -35.81 7.12 -4,251 7,618
2020-01-08 2020-01-06 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
M - Exercise 1,667 1,667
2020-01-08 2019-12-18 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
S - Sale -345 0 -100.00 7.23 -2,493
2019-12-19 2019-12-18 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
S - Sale -2,268 0 -100.00 7.22 -16,381
2019-06-07 2019-06-05 4 IDT IDT CORP
Deferred Stock Units
A - Award 5,000 5,000
2018-07-20 2018-07-18 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
F - Taxes -532 2,268 -19.00 5.63 -2,995 12,769
2017-01-19 2017-01-17 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
F - Taxes -700 2,800 -20.00 19.56 -13,696 54,782
2016-03-18 2016-03-16 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
S - Sale -985 3,500 -21.96 14.37 -14,150 50,279
2015-10-22 2015-10-20 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
S - Sale -2,407 0 -100.00 13.43 -32,326
2015-07-08 2015-07-06 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
F - Taxes -515 4,485 -10.30 18.30 -9,422 82,053
2015-04-17 2015-04-16 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
J - Other 112 2,325 5.06 17.91 2,006 41,641
2015-03-25 2015-03-24 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
A - Award 250 5,000 5.26
2015-03-13 2015-03-11 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
A - Award 3,250 4,750 216.67
2014-12-24 2014-12-22 4 IDT IDT CORP
Emplyee Stock Option (right to buy)
M - Exercise -11,807 0 -100.00
2014-12-24 2014-12-22 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
S - Sale -11,807 1,500 -88.73 19.41 -229,174 29,115
2014-12-24 2014-12-22 4 IDT IDT CORP
Class B Common Stock, par value $.01 per share
M - Exercise 11,807 13,307 787.13 16.18 191,037 215,307
2013-10-21 2013-10-17 4 IDT IDT CORP
Option right to buy)
M - Exercise -16,666 0 -100.00
2013-10-21 2013-10-17 4 IDT IDT CORP
Class B Common Stock
S - Sale -16,666 1,500 -91.74 20.00 -333,320 30,000
2013-10-21 2013-10-17 4 IDT IDT CORP
Class B Common Stock
M - Exercise 16,666 18,166 1,111.07 14.05 234,157 255,232
2013-06-05 2013-05-28 4 IDT IDT CORP
Class B Common Stock
J - Other 111 1,618 7.37 17.97 1,995 29,075
2012-07-17 2012-07-16 4 IDT IDT CORP
Class B Common Stock
A - Award 1,500 1,500 10.18 15,270 15,270
2012-07-17 2012-07-02 4 IDT IDT CORP
Class B Common Stock
J - Other 254 1,423 21.73 9.81 2,492 13,960
2012-03-28 2012-03-26 4 IDT IDT CORP
Employee Stock Option (right to buy)
A - Award 16,666 16,666
2012-03-28 2012-03-26 4 IDT IDT CORP
Employee Stock Option (right to buy)
D - Sale to Issuer -16,666 0 -100.00
2012-03-28 2012-03-26 4 IDT IDT CORP
Employee Stock Option (right to buy)
A - Award 11,807 11,807
2012-03-28 2012-03-26 4 IDT IDT CORP
Employee Stock Option (right to buy)
D - Sale to Issuer -11,807 0 -100.00
2006-06-07 3 IDT,IDT.C IDT CORP
Class B Common Stock, par value $.01 per share
782
2006-06-07 3 IDT,IDT.C IDT CORP
Class B Common Stock, par value $.01 per share
4,193
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)