Marc Tipermas - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Marc Tipermas. 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 Marc Tipermas 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 Marc Tipermas. 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 WLDN / Willdan Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in WLDN / Willdan 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 (%)
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 WLDN / Willdan 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 WLDN / Willdan 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 (%)
2018-03-13	WLDN	Tipermas Marc	2,500	26.4700	2,500	26.4700	66,175	55	25.63	-2,100	-3.17
2017-12-14	WLDN	Tipermas Marc	3,000	25.2400	3,000	25.2400	75,720
2017-12-08	WLDN	Tipermas Marc	682	24.5000	682	24.5000	16,709
2017-12-06	WLDN	Tipermas Marc	1,318	24.9000	1,318	24.9000	32,818
2017-08-08	WLDN	Tipermas Marc	5,000	35.7800	5,000	35.7800	178,900
2017-05-09	WLDN	Tipermas Marc	4,714	31.0500	4,714	31.0500	146,370
2017-03-15	WLDN	Tipermas Marc	2,786	33.9000	2,786	33.9000	94,445
2017-03-14	WLDN	Tipermas Marc	5,000	33.7100	5,000	33.7100	168,550
2017-03-14	WLDN	Tipermas Marc	500	35.0000	500	35.0000	17,500
2016-11-30	WLDN	Tipermas Marc	1,000	24.3200	1,000	24.3200	24,320
2016-11-28	WLDN	Tipermas Marc	1,000	24.8100	1,000	24.8100	24,810
2016-11-15	WLDN	Tipermas Marc	3,470	19.3000	3,470	19.3000	66,971
2016-11-14	WLDN	Tipermas Marc	1,421	19.6100	1,421	19.6100	27,866
2016-11-11	WLDN	Tipermas Marc	541	19.2500	541	19.2500	10,414
2016-11-10	WLDN	Tipermas Marc	13,066	18.9100	13,066	18.9100	247,078
2016-11-09	WLDN	Tipermas Marc	2,500	18.6200	2,500	18.6200	46,550
2016-05-10	WLDN	Tipermas Marc	1,042	11.0500	1,042	11.0500	11,514
2015-12-02	WLDN	Tipermas Marc	1,500	9.2500	1,500	9.2500	13,875
2015-11-23	WLDN	Tipermas Marc	460	9.4500	460	9.4500	4,347
2014-11-11	WLDN	Tipermas Marc	100	16.6700	100	16.6700	1,667
2014-11-11	WLDN	Tipermas Marc	300	16.6700	300	16.6700	5,001
2014-11-11	WLDN	Tipermas Marc	100	16.6800	100	16.6800	1,668
2014-11-11	WLDN	Tipermas Marc	800	16.6700	800	16.6700	13,336
2014-11-11	WLDN	Tipermas Marc	1,500	16.6500	1,500	16.6500	24,975
2014-11-11	WLDN	Tipermas Marc	2,200	16.6500	2,200	16.6500	36,630
2014-08-14	WLDN	Tipermas Marc	6,214	9.9500	6,214	9.9500	61,829
2014-08-13	WLDN	Tipermas Marc	3,782	9.5000	3,782	9.5000	35,929

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 Marc Tipermas as disclosed to the Securities Exchange Commission (SEC).