Medallion Financial Corp.
US ˙ NasdaqGS ˙ US5839281061

Introduction

This page provides a comprehensive analysis of the known insider trading history of Lowell P Jr Weicker. 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.

Companies with Reported Insider Positions

The SEC filings indicate Lowell P Jr Weicker has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:MFIN / Medallion Financial Corp. Director 1,000
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Lowell P Jr Weicker. 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 MFIN / Medallion Financial Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MFIN / Medallion Financial Corp.. 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 (%)
2016-09-09 MFIN WEICKER LOWELL P JR 600 3.5404 600 3.5404 2,124 31 4.5900 630 29.66
2016-08-25 MFIN WEICKER LOWELL P JR 300 4.8400 300 4.8400 1,452
2015-11-06 TAXI WEICKER LOWELL P JR 100 8.5490 100 8.5490 855
2014-08-11 TAXI WEICKER LOWELL P JR 4,635 11.6617 4,635 11.6617 54,052
2013-06-13 TAXI WEICKER LOWELL P JR 400 13.5316 400 13.5316 5,413
2013-06-11 TAXI WEICKER LOWELL P JR 250 14.0800 250 14.0800 3,520
2013-05-31 TAXI WEICKER LOWELL P JR 500 14.9176 500 14.9176 7,459
2013-05-31 TAXI WEICKER LOWELL P JR 100 14.9193 100 14.9193 1,492
2012-11-09 TAXI WEICKER LOWELL P JR 100 11.8600 100 11.8600 1,186
2012-11-09 TAXI WEICKER LOWELL P JR 100 11.8800 100 11.8800 1,188
2012-11-09 TAXI WEICKER LOWELL P JR 200 11.8770 200 11.8770 2,375
2012-11-09 TAXI WEICKER LOWELL P JR 1,000 11.8700 1,000 11.8700 11,870
2012-06-06 TAXI WEICKER LOWELL P JR 1,500 10.4543 1,500 10.4543 15,681
2012-05-23 TAXI WEICKER LOWELL P JR 3,000 10.1800 3,000 10.1800 30,540
2012-05-23 TAXI WEICKER LOWELL P JR 200 10.2074 200 10.2074 2,041
2006-11-17 TAXI WEICKER LOWELL P JR 100 11.9600 100 11.9600 1,196
2006-11-17 TAXI WEICKER LOWELL P JR 100 11.9700 100 11.9700 1,197

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

MFIN / Medallion Financial Corp. Insider Trades
Insider Sales MFIN / Medallion Financial Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MFIN / Medallion Financial Corp.. 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 (%)
2015-03-16 TAXI WEICKER LOWELL P JR 8,600 10.1801 8,600 10.1801 87,549 731
2014-06-13 TAXI WEICKER LOWELL P JR 2,500 12.6635 2,500 12.6635 31,659
2014-06-13 TAXI WEICKER LOWELL P JR 2,500 12.6607 2,500 12.6607 31,652

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

MFIN / Medallion Financial Corp. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Lowell P Jr Weicker 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
2016-09-13 2016-09-09 4 MFIN MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 600 1,000 150.00 3.54 2,124 3,540
2016-09-13 2016-08-25 4 MFIN MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 300 400 300.00 4.84 1,452 1,936
2016-06-22 2016-06-17 4 MFIN MEDALLION FINANCIAL CORP
Common Stock (right to buy)
A - Award 12,000 30,000 66.67
2015-11-06 2015-11-06 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 100 100 8.55 855 855
2015-03-17 2015-03-16 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
S - Sale -8,600 0 -100.00 10.18 -87,549
2014-08-12 2014-08-11 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 4,635 12,885 56.18 11.66 54,052 150,261
2014-06-16 2014-06-13 4 TAXI MEDALLION FINANCIAL CORP
Common Stock(right to buy)
M - Exercise -5,000 18,000 -21.74
2014-06-16 2014-06-13 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
S - Sale -2,500 7,600 -24.75 12.66 -31,652 96,221
2014-06-16 2014-06-13 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
S - Sale -2,500 10,100 -19.84 12.66 -31,659 127,901
2014-06-16 2014-06-13 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
M - Exercise 5,000 12,600 65.79 7.17 35,850 90,342
2013-06-17 2013-06-14 4 TAXI MEDALLION FINANCIAL CORP
Common Stock (right to buy)
A - Award 9,000 23,000 64.29
2013-06-13 2013-06-13 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase -400 7,600 -5.00 13.53 -5,413 102,840
2013-06-13 2013-06-11 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase -250 8,250 -2.94 14.08 -3,520 116,160
2013-06-03 2013-05-31 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 100 2,300 4.55 14.92 1,492 34,314
2013-06-03 2013-05-31 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 500 7,200 7.46 14.92 7,459 107,407
2012-11-09 2012-11-09 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 1,000 8,000 14.29 11.87 11,870 94,960
2012-11-09 2012-11-09 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 200 6,700 3.08 11.88 2,375 79,576
2012-11-09 2012-11-09 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 100 6,500 1.56 11.88 1,188 77,220
2012-11-09 2012-11-09 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 100 6,400 1.59 11.86 1,186 75,904
2012-06-06 2012-06-06 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 1,500 6,300 31.25 10.45 15,681 65,862
2012-05-24 2012-05-23 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 200 2,200 10.00 10.21 2,041 22,456
2012-05-24 2012-05-23 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 3,000 7,000 75.00 10.18 30,540 71,260
2006-11-17 2006-11-17 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 100 1,000 11.11 11.97 1,197 11,970
2006-11-17 2006-11-17 4 TAXI MEDALLION FINANCIAL CORP
Common Stock
P - Purchase 100 900 12.50 11.96 1,196 10,764
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)