Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael A Weiss. 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 Michael A Weiss has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:EXPR / Express, Inc. Director 1,541,972
US:PSS / Collective Brands, Inc. Director 0
US:CHS / Chico's FAS, Inc. Director 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Michael A Weiss. 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 Trading History

This table shows the complete list of insider trades made by Michael A Weiss 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
2016-04-01 2016-03-30 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		A - Award 128,598 1,541,972 9.10
2016-03-24 2016-03-22 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		S - Sale -50,000 1,413,374 -3.42 21.07 -1,053,500 29,779,790
2015-12-16 2015-09-22 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 265,271 1,463,374 22.14
2015-12-16 2015-09-22 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -265,271 334,729 -44.21
2015-12-16 2015-09-22 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 236,732 1,198,103 24.62
2015-12-16 2015-09-22 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -236,732 0 -100.00
2015-08-03 2015-07-30 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -39,240 961,371 -3.92 18.27 -716,915 17,564,248
2015-06-12 2015-06-10 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		A - Award 11,914 1,000,611 1.21
2015-05-01 2015-01-30 4/A EXPR EXPRESS, INC.
Common Stock, par value $0.01 		A - Award 6,081 935,743 0.65 13.49 82,033 12,623,173
2015-05-01 2014-06-17 5/A EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 600,000 600,000
2015-05-01 2014-06-17 5/A EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -600,000 988,697 -37.77
2015-05-01 2014-04-15 5/A EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -313,268 236,732 -56.96
2015-05-01 2014-04-15 5/A EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 313,268 1,588,697 24.56
2015-05-01 2013-08-23 5/A EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 339,686 1,275,429 36.30
2015-05-01 2013-08-23 5/A EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -339,686 0 -100.00
2015-03-13 2014-06-17 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 600,000 600,000
2015-03-13 2014-06-17 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -600,000 669,130 -47.28
2015-03-13 2014-04-15 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -313,268 236,732 -56.96
2015-03-13 2014-04-15 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 313,268 1,269,130 32.77
2015-02-06 2015-01-30 4/A EXPR EXPRESS, INC.
Common Stock, par value $0.01 		A - Award 6,081 955,862 0.64 13.49 82,033 12,894,578
2015-02-02 2015-01-30 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -20,119 929,662 -2.12 13.08 -263,157 12,159,979
2014-05-14 2014-05-12 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -734 949,781 -0.08 14.91 -10,944 14,161,235
2014-04-03 2014-04-02 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -28,723 950,515 -2.93 16.71 -479,961 15,883,106
2014-04-03 2014-04-01 4 EXPR EXPRESS, INC.
Employee Stock Option (right to buy) 		A - Award 155,158 155,158
2014-04-03 2014-04-01 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		A - Award 83,832 979,238 9.36
2014-04-03 2014-04-01 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		A - Award 117,146 895,406 15.05
2014-02-20 2014-02-18 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -38,348 778,260 -4.70 17.74 -680,294 13,806,332
2013-05-14 2013-05-12 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -732 816,608 -0.09 19.03 -13,930 15,540,050
2013-04-03 2013-04-02 4 EXPR EXPRESS, INC.
Employee Stock Option (right to buy) 		A - Award 146,640 146,640
2013-04-03 2013-03-07 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -27,902 0 -100.00
2013-04-03 2013-02-18 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -38,691 817,340 -4.52 18.51 -716,170 15,128,963
2013-04-03 2013-02-15 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 550,000 550,000
2013-04-03 2013-02-15 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -550,000 856,031 -39.12
2013-02-05 2012-11-29 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -542,751 27,902 -95.11
2013-02-05 2012-11-29 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 542,751 1,406,031 62.87
2013-02-05 2012-10-01 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -526,677 339,686 -60.79
2013-02-05 2012-10-01 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 526,677 863,280 156.47
2012-10-10 2012-10-09 4 PSS COLLECTIVE BRANDS, INC.
Phantom Stock 		D - Sale to Issuer -4,088 0 -100.00
2012-10-10 2012-10-09 4 PSS COLLECTIVE BRANDS, INC.
Common Stock 		D - Sale to Issuer -27,416 0 -100.00 21.75 -596,298
2012-05-25 2012-05-24 4 PSS COLLECTIVE BRANDS, INC.
Common Stock 		A - Award 4,690 27,416 20.64 21.32 99,991 584,509
2012-05-15 2012-05-12 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -652 336,603 -0.19 23.71 -15,459 7,980,857
2012-03-28 2012-03-27 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		S - Sale X -110,393 337,255 -24.66 25.74 -2,841,681 8,681,450
2012-03-26 2012-03-26 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		S - Sale X -89,607 447,648 -16.68 25.60 -2,293,626 11,458,222
2012-03-26 2012-03-22 4 EXPR EXPRESS, INC.
Employee Stock Option (right to buy) 		A - Award 181,200 181,200
2012-02-22 2012-02-18 4 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		F - Taxes -36,610 537,255 -6.38 22.80 -834,708 12,249,414
2012-02-22 2011-09-28 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -283,534 570,653 -33.19
2012-02-22 2011-09-28 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 283,534 573,865 97.66
2012-02-22 2011-08-17 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift 866,363 866,363
2012-02-22 2011-08-17 5 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		G - Gift -866,363 290,331 -74.90
2010-05-12 3 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		2,172,864
2010-05-12 3 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		310,410
2010-05-12 3 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		310,410
2010-05-12 3 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		465,615
2010-05-12 3 EXPR EXPRESS, INC.
Common Stock, par value $0.01 		7
2005-08-09 3 CHS CHICOS FAS INC
Common Stock 		0
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)