SiriusPoint Ltd. - Preferred Stock
US ˙ NYSE

Introduction

This page provides a comprehensive analysis of the known insider trading history of Targoff Joshua L.. 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.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Targoff Joshua L. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:SPNT.PRB / SiriusPoint Ltd. - Preferred Stock Director 203,491
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Targoff Joshua L.. 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 SPNT.PRB / SiriusPoint Ltd. - Preferred Stock - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SPNT.PRB / SiriusPoint Ltd. - Preferred Stock. 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 (%)
2020-03-03 TPRE Targoff Joshua L. 50,000 9.4184 50,000 9.4184 470,920 730
2014-03-03 TPRE Targoff Joshua L. 100 15.0000 100 15.0000 1,500
2014-03-03 TPRE Targoff Joshua L. 500 15.0100 500 15.0100 7,505
2014-03-03 TPRE Targoff Joshua L. 1,200 15.0200 1,200 15.0200 18,024
2014-03-03 TPRE Targoff Joshua L. 1,600 15.0300 1,600 15.0300 24,048
2014-03-03 TPRE Targoff Joshua L. 1,300 15.0400 1,300 15.0400 19,552
2014-03-03 TPRE Targoff Joshua L. 7,422 15.0500 7,422 15.0500 111,701
2014-03-03 TPRE Targoff Joshua L. 3,000 15.0600 3,000 15.0600 45,180
2014-03-03 TPRE Targoff Joshua L. 2,187 15.0700 2,187 15.0700 32,958
2014-03-03 TPRE Targoff Joshua L. 700 15.0800 700 15.0800 10,556
2014-03-03 TPRE Targoff Joshua L. 8,000 15.0900 8,000 15.0900 120,720
2014-03-03 TPRE Targoff Joshua L. 3,200 15.1000 3,200 15.1000 48,320
2014-03-03 TPRE Targoff Joshua L. 3,400 15.1100 3,400 15.1100 51,374
2014-03-03 TPRE Targoff Joshua L. 500 15.1200 500 15.1200 7,560
2014-03-03 TPRE Targoff Joshua L. 726 15.1300 726 15.1300 10,984
2014-03-03 TPRE Targoff Joshua L. 600 15.1400 600 15.1400 9,084
2014-03-03 TPRE Targoff Joshua L. 2,700 15.1500 2,700 15.1500 40,905
2014-03-03 TPRE Targoff Joshua L. 1,574 15.1600 1,574 15.1600 23,862
2014-03-03 TPRE Targoff Joshua L. 691 15.1700 691 15.1700 10,482
2014-03-03 TPRE Targoff Joshua L. 200 15.1800 200 15.1800 3,036
2014-03-03 TPRE Targoff Joshua L. 400 15.1900 400 15.1900 6,076

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

SPNT.PRB / SiriusPoint Ltd. - Preferred Stock Insider Trades
Insider Sales SPNT.PRB / SiriusPoint Ltd. - Preferred Stock - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SPNT.PRB / SiriusPoint Ltd. - Preferred Stock. 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.

SPNT.PRB / SiriusPoint Ltd. - Preferred Stock Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Targoff Joshua L. 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
2020-03-04 2020-03-03 4 TPRE Third Point Reinsurance Ltd.
Common shares par value $0.10 per share 		P - Purchase 50,000 203,491 32.58 9.42 470,920 1,916,560
2020-01-31 2019-06-19 5 TPRE Third Point Reinsurance Ltd.
Common shares par value $0.10 per share 		W - Other 10,000 153,491 6.97
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 200 56,500 0.36 15.19 3,038 858,235
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 100 56,300 0.18 15.17 1,517 854,071
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 200 56,200 0.36 15.16 3,032 851,992
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 500 56,000 0.90 15.15 7,575 848,400
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 222 55,500 0.40 15.14 3,361 840,270
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 200 55,278 0.36 15.12 3,024 835,803
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 300 55,078 0.55 15.11 4,533 832,229
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 500 54,778 0.92 15.10 7,550 827,148
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 1,100 54,278 2.07 15.09 16,599 819,055
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 200 53,178 0.38 15.08 3,016 801,924
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 578 52,978 1.10 15.07 8,710 798,378
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 200 52,400 0.38 15.06 3,012 789,144
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 1,100 52,200 2.15 15.05 16,555 785,610
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 300 51,100 0.59 15.04 4,512 768,544
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 400 50,800 0.79 15.03 6,012 763,524
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares 		A - Award 400 50,400 0.80 15.02 6,008 757,008
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 400 50,000 0.81 15.19 6,076 759,500
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 200 49,600 0.40 15.18 3,036 752,928
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 691 49,400 1.42 15.17 10,482 749,398
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 1,574 48,709 3.34 15.16 23,862 738,428
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 2,700 47,135 6.08 15.15 40,905 714,095
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 600 44,435 1.37 15.14 9,084 672,746
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 726 43,835 1.68 15.13 10,984 663,224
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 500 43,109 1.17 15.12 7,560 651,808
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 3,400 42,609 8.67 15.11 51,374 643,822
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 3,200 39,209 8.89 15.10 48,320 592,056
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 8,000 36,009 28.56 15.09 120,720 543,376
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 700 28,009 2.56 15.08 10,556 422,376
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 2,187 27,309 8.71 15.07 32,958 411,547
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 3,000 25,122 13.56 15.06 45,180 378,337
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 7,422 22,122 50.49 15.05 111,701 332,936
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 1,300 14,700 9.70 15.04 19,552 221,088
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 1,600 13,400 13.56 15.03 24,048 201,402
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 1,200 11,800 11.32 15.02 18,024 177,236
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 500 10,600 4.95 15.01 7,505 159,106
2014-03-05 2014-03-03 4 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		P - Purchase 100 10,100 1.00 15.00 1,500 151,500
2013-08-14 3 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		218,491
2013-08-14 3 TPRE Third Point Reinsurance Ltd.
Common Shares, par value $0.10 per share 		10,000
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)