Charles C Townsend - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Charles C Townsend. 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 Charles C Townsend 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 Charles C Townsend. 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 GOGO / Gogo Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GOGO / Gogo 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 (%)
2025-03-18	GOGO	TOWNSEND CHARLES C	101,956	6.7400	101,956	6.7400	687,183	127	16.5400	999,169	145.40
2025-03-17	GOGO	TOWNSEND CHARLES C	98,044	6.5700	98,044	6.5700	644,149
2024-03-14	GOGO	TOWNSEND CHARLES C	28,857	9.0312	28,857	9.0312	260,613
2024-03-01	GOGO	TOWNSEND CHARLES C	186,249	8.4084	186,249	8.4084	1,566,056
2024-02-29	GOGO	TOWNSEND CHARLES C	103,405	8.1697	103,405	8.1697	844,788
2020-05-13	GOGO	TOWNSEND CHARLES C	22,610	1.5966	22,610	1.5966	36,099
2019-08-30	GOGO	TOWNSEND CHARLES C	7,400	3.9790	7,400	3.9790	29,445
2019-08-29	GOGO	TOWNSEND CHARLES C	37,800	3.9936	37,800	3.9936	150,958
2019-08-26	GOGO	TOWNSEND CHARLES C	46,133	3.9889	46,133	3.9889	184,020
2019-08-23	GOGO	TOWNSEND CHARLES C	88,216	3.9512	88,216	3.9512	348,559
2019-08-22	GOGO	TOWNSEND CHARLES C	6,960	3.9993	6,960	3.9993	27,835
2019-08-21	GOGO	TOWNSEND CHARLES C	58,691	3.9298	58,691	3.9298	230,644
2019-08-15	GOGO	TOWNSEND CHARLES C	27,506	4.4567	27,506	4.4567	122,586
2019-08-14	GOGO	TOWNSEND CHARLES C	72,494	4.4178	72,494	4.4178	320,264
2019-05-14	GOGO	TOWNSEND CHARLES C	35,611	5.6642	35,611	5.6642	201,708
2019-05-13	GOGO	TOWNSEND CHARLES C	64,389	5.4845	64,389	5.4845	353,141
2019-02-28	GOGO	TOWNSEND CHARLES C	122,595	4.5711	122,595	4.5711	560,394
2019-02-27	GOGO	TOWNSEND CHARLES C	149,073	4.4636	149,073	4.4636	665,402
2019-02-26	GOGO	TOWNSEND CHARLES C	128,332	4.2345	128,332	4.2345	543,422
2018-05-29	GOGO	TOWNSEND CHARLES C	140,733	5.2576	140,733	5.2576	739,918
2018-05-25	GOGO	TOWNSEND CHARLES C	202,937	5.0396	202,937	5.0396	1,022,721
2018-05-24	GOGO	TOWNSEND CHARLES C	156,330	4.9074	156,330	4.9074	767,174
2018-03-08	GOGO	TOWNSEND CHARLES C	100,000	9.3178	100,000	9.3178	931,780
2016-11-07	GOGO	TOWNSEND CHARLES C	300,000	9.6945	300,000	9.6945	2,908,350
2016-08-30	GOGO	TOWNSEND CHARLES C	27,536	11.9454	27,536	11.9454	328,929
2016-08-29	GOGO	TOWNSEND CHARLES C	25,331	11.7256	25,331	11.7256	297,021
2016-08-08	GOGO	TOWNSEND CHARLES C	200,000	10.7302	200,000	10.7302	2,146,040
2015-11-16	GOGO	TOWNSEND CHARLES C	300	15.4000	300	15.4000	4,620
2015-11-12	GOGO	TOWNSEND CHARLES C	1,100	15.9909	1,100	15.9909	17,590
2014-05-15	GOGO	TOWNSEND CHARLES C	39,822	12.9639	39,822	12.9639	516,248
2014-05-14	GOGO	TOWNSEND CHARLES C	60,178	12.8378	60,178	12.8378	772,553

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

Insider Sales GOGO / Gogo Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in GOGO / Gogo 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 (%)
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 Trading History

This table shows the complete list of insider trades made by Charles C Townsend as disclosed to the Securities Exchange Commission (SEC).