Julia A Stewart - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Julia A Stewart. 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 Julia A Stewart 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 Julia A Stewart. 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 DIN / Dine Brands Global, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in DIN / Dine Brands Global, 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 DIN / Dine Brands Global, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in DIN / Dine Brands Global, 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 (%)
2016-02-29	DIN	STEWART JULIA A	7,918	90.5460	7,918	90.5460	716,943	360	59.4800	-245,980	-34.31
2016-02-29	DIN	STEWART JULIA A	468	91.3180	468	91.3180	42,737
2015-03-02	DIN	STEWART JULIA A	1,405	107.2780	1,405	107.2780	150,726
2015-03-02	DIN	STEWART JULIA A	5,200	108.4750	5,200	108.4750	564,070
2015-03-02	DIN	STEWART JULIA A	100	109.0300	100	109.0300	10,903
2015-01-07	DIN	STEWART JULIA A	902	101.6410	902	101.6410	91,680
2015-01-07	DIN	STEWART JULIA A	2,598	102.9430	2,598	102.9430	267,446
2015-01-07	DIN	STEWART JULIA A	10,200	104.1360	10,200	104.1360	1,062,187
2015-01-07	DIN	STEWART JULIA A	11,825	105.2310	11,825	105.2310	1,244,357
2015-01-07	DIN	STEWART JULIA A	16,530	105.7830	16,530	105.7830	1,748,593
2015-01-06	DIN	STEWART JULIA A	43,410	100.7790	43,410	100.7790	4,374,816
2015-01-06	DIN	STEWART JULIA A	7,326	101.2590	7,326	101.2590	741,823
2015-01-05	DIN	STEWART JULIA A	9,109	101.2640	9,109	101.2640	922,414
2015-01-05	DIN	STEWART JULIA A	8,600	101.9770	8,600	101.9770	877,002
2015-01-02	DIN	STEWART JULIA A	15,100	102.2200	15,100	102.2200	1,543,522
2015-01-02	DIN	STEWART JULIA A	32,000	102.8000	32,000	102.8000	3,289,600
2015-01-02	DIN	STEWART JULIA A	10,400	103.6990	10,400	103.6990	1,078,470
2014-03-05	DIN	STEWART JULIA A	53,794	85.1110	53,794	85.1110	4,578,461
2014-03-04	DIN	STEWART JULIA A	48,525	85.0010	48,525	85.0010	4,124,674
2014-03-03	DIN	STEWART JULIA A	4,651	82.3400	4,651	82.3400	382,963
2014-03-03	DIN	STEWART JULIA A	4,008	83.2200	4,008	83.2200	333,546
2013-11-01	DIN	STEWART JULIA A	24,800	80.0128	24,800	80.0128	1,984,317
2013-10-30	DIN	STEWART JULIA A	24,217	80.0468	24,217	80.0468	1,938,493
2013-10-29	DIN	STEWART JULIA A	25,783	80.0041	25,783	80.0041	2,062,746
2013-03-11	DIN	STEWART JULIA A	14,026	71.1100	14,026	71.1100	997,389
2012-10-31	DIN	STEWART JULIA A	37,594	60.0833	37,594	60.0833	2,258,772
2012-09-10	DIN	STEWART JULIA A	50,000	55.2073	50,000	55.2073	2,760,365

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 Julia A Stewart as disclosed to the Securities Exchange Commission (SEC).