Fbo Arthur G Altschul Jr Uad 11/20/64 Trust - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Fbo Arthur G Altschul Jr Uad 11/20/64 Trust. 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 Fbo Arthur G Altschul Jr Uad 11/20/64 Trust 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 Fbo Arthur G Altschul Jr Uad 11/20/64 Trust. 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 GAM / General American Investors Company, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GAM / General American Investors Company, 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 GAM / General American Investors Company, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in GAM / General American Investors Company, 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 (%)
2016-06-23	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	909	31.3320	909	31.3320	28,481	139	29.5400	-1,628	-5.72
2016-06-22	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	900	31.0085	900	31.0085	27,908
2016-06-13	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	2,000	31.1116	2,000	31.1116	62,223
2016-05-24	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	2,000	30.8305	2,000	30.8305	61,661
2016-05-16	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	400	30.6500	400	30.6500	12,260
2016-04-27	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,000	31.8924	1,000	31.8924	31,892
2016-04-26	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,000	31.7518	1,000	31.7518	31,752
2016-04-22	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	200	31.7550	200	31.7550	6,351
2016-04-19	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,500	31.6156	1,500	31.6156	47,423
2016-04-18	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	500	31.5000	500	31.5000	15,750
2015-07-28	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,000	34.1220	1,000	34.1220	34,122
2015-07-02	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	3,000	34.7005	3,000	34.7005	104,102
2015-07-01	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,000	34.8800	1,000	34.8800	34,880
2015-05-22	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	2,000	35.9153	2,000	35.9153	71,831
2015-04-22	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	5,000	35.3952	5,000	35.3952	176,976
2014-03-07	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,600	35.0744	1,600	35.0744	56,119
2014-03-06	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,435	35.1320	1,435	35.1320	50,414
2014-03-05	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	2,889	35.1152	2,889	35.1152	101,448
2014-03-04	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	812	35.1067	812	35.1067	28,507
2014-03-03	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	278	34.6243	278	34.6243	9,626
2014-02-28	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,467	34.7683	1,467	34.7683	51,005
2014-02-24	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	106	34.5200	106	34.5200	3,659
2014-02-21	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	214	34.2937	214	34.2937	7,339
2014-02-20	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	3,165	34.3122	3,165	34.3122	108,598
2014-02-07	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	925	33.1249	925	33.1249	30,641
2014-02-05	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,458	32.6296	1,458	32.6296	47,574
2014-02-04	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	2,373	32.6128	2,373	32.6128	77,390
2014-02-03	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	2,622	32.5893	2,622	32.5893	85,449
2014-01-31	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	547	33.5580	547	33.5580	18,356
2014-01-07	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	1,000	34.5014	1,000	34.5014	34,501
2013-10-21	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	15,000	35.0885	15,000	35.0885	526,328
2013-09-11	GAM	TRUST FBO ARTHUR G ALTSCHUL JR UAD 11/20/64	15,000	33.8754	15,000	33.8754	508,131

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 Fbo Arthur G Altschul Jr Uad 11/20/64 Trust as disclosed to the Securities Exchange Commission (SEC).