A-Mark Precious Metals, Inc.
US ˙ NasdaqGS ˙ US00181T1079

Introduction

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

Security Title Latest Reported Holdings
US:AMRK / A-Mark Precious Metals, Inc. Director 292,535
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Wittmeyer Michael R.. 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 AMRK / A-Mark Precious Metals, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in AMRK / A-Mark Precious Metals, 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.

AMRK / A-Mark Precious Metals, Inc. Insider Trades
Insider Sales AMRK / A-Mark Precious Metals, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in AMRK / A-Mark Precious Metals, 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 (%)
2024-09-20 AMRK Wittmeyer Michael R. 10,975 43.2972 10,975 43.2972 475,187 252 19.7300 -258,649 -54.43
2024-09-19 AMRK Wittmeyer Michael R. 67,213 43.9514 67,213 43.9514 2,954,105
2024-09-19 AMRK Wittmeyer Michael R. 7,629 44.4024 7,629 44.4024 338,746
2024-09-18 AMRK Wittmeyer Michael R. 23,906 44.2975 23,906 44.2975 1,058,976
2024-09-18 AMRK Wittmeyer Michael R. 1,935 45.0569 1,935 45.0569 87,185
2024-09-17 AMRK Wittmeyer Michael R. 8,342 45.2481 8,342 45.2481 377,460
2024-05-14 AMRK Wittmeyer Michael R. 36,967 38.0914 36,967 38.0914 1,408,125
2024-05-13 AMRK Wittmeyer Michael R. 18,448 37.6343 18,448 37.6343 694,278
2024-05-10 AMRK Wittmeyer Michael R. 30,633 37.8079 30,633 37.8079 1,158,169
2024-05-10 AMRK Wittmeyer Michael R. 12,431 38.6803 12,431 38.6803 480,835
2024-05-10 AMRK Wittmeyer Michael R. 1,521 40.6600 1,521 40.6600 61,844
2024-02-16 AMRK Wittmeyer Michael R. 13,208 26.1432 13,208 26.1432 345,299
2024-02-15 AMRK Wittmeyer Michael R. 22,558 26.2850 22,558 26.2850 592,937
2024-02-14 AMRK Wittmeyer Michael R. 22,500 26.0859 22,500 26.0859 586,933
2024-02-13 AMRK Wittmeyer Michael R. 22,383 26.0645 22,383 26.0645 583,402
2023-09-14 AMRK Wittmeyer Michael R. 4,923 34.2501 4,923 34.2501 168,613
2022-06-09 AMRK Wittmeyer Michael R. 12,659 33.3520 12,659 33.3520 422,203
2022-06-08 AMRK Wittmeyer Michael R. 8,951 34.0470 8,951 34.0470 304,755
2022-06-07 AMRK Wittmeyer Michael R. 11,767 35.0050 23,534 17.5025 411,904
2022-06-03 AMRK Wittmeyer Michael R. 820 76.0250 1,640 38.0125 62,340
2022-06-02 AMRK Wittmeyer Michael R. 30,000 74.0730 60,000 37.0365 2,222,190
2022-06-02 AMRK Wittmeyer Michael R. 5,186 76.0810 10,372 38.0405 394,556
2022-05-31 AMRK Wittmeyer Michael R. 1,835 77.5100 3,670 38.7550 142,231
2022-05-27 AMRK Wittmeyer Michael R. 27,755 77.5590 55,510 38.7795 2,152,650
2022-05-27 AMRK Wittmeyer Michael R. 1,208 79.2010 2,416 39.6005 95,675

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

AMRK / A-Mark Precious Metals, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Wittmeyer Michael R. 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
2024-09-23 2024-09-20 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -10,975 292,535 -3.62 43.30 -475,187 12,665,946
2024-09-23 2024-09-20 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
M - Exercise 10,975 303,510 3.75 17.87 196,123 5,423,724
2024-09-23 2024-09-19 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -7,629 292,535 -2.54 44.40 -338,746 12,989,256
2024-09-23 2024-09-19 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -67,213 300,164 -18.30 43.95 -2,954,105 13,192,628
2024-09-23 2024-09-19 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
M - Exercise 7,629 367,377 2.12 17.87 136,330 6,565,027
2024-09-23 2024-09-19 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
M - Exercise 67,213 359,748 22.98 17.87 1,201,096 6,428,697
2024-09-19 2024-09-18 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -1,935 292,535 -0.66 45.06 -87,185 13,180,720
2024-09-19 2024-09-18 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -23,906 294,470 -7.51 44.30 -1,058,976 13,044,285
2024-09-19 2024-09-18 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
M - Exercise 1,935 318,376 0.61 17.87 34,578 5,689,379
2024-09-19 2024-09-18 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
M - Exercise 23,906 316,441 8.17 17.87 427,200 5,654,801
2024-09-19 2024-09-17 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -8,342 292,535 -2.77 45.25 -377,460 13,236,653
2024-09-19 2024-09-17 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
M - Exercise 8,342 300,877 2.85 17.87 149,072 5,376,672
2024-05-15 2024-05-14 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -36,967 292,535 -11.22 38.09 -1,408,125 11,143,068
2024-05-14 2024-05-13 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -18,448 329,502 -5.30 37.63 -694,278 12,400,577
2024-05-14 2024-05-10 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
G - Gift -2,482 347,950 -0.71
2024-05-13 2024-05-10 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -1,521 350,432 -0.43 40.66 -61,844 14,248,565
2024-05-13 2024-05-10 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -12,431 351,953 -3.41 38.68 -480,835 13,613,648
2024-05-13 2024-05-10 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -30,633 364,384 -7.75 37.81 -1,158,169 13,776,594
2024-02-21 2024-02-16 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -13,208 395,017 -3.24 26.14 -345,299 10,327,008
2024-02-16 2024-02-15 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -22,558 408,225 -5.24 26.28 -592,937 10,730,194
2024-02-16 2024-02-14 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -22,500 430,783 -4.96 26.09 -586,933 11,237,362
2024-02-14 2024-02-13 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -22,383 453,283 -4.71 26.06 -583,402 11,814,595
2023-09-15 2023-09-14 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -4,923 475,666 -1.02 34.25 -168,613 16,291,608
2022-06-13 2022-06-09 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -12,659 480,589 -2.57 33.35 -422,203 16,028,604
2022-06-09 2022-06-08 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -8,951 493,248 -1.78 34.05 -304,755 16,793,615
2022-06-08 2022-06-07 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -11,767 502,199 -2.29 35.00 -411,904 17,579,476
2022-06-06 2022-06-03 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -820 256,983 -0.32 76.02 -62,340 19,537,133
2022-06-03 2022-06-02 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per shares
S - Sale -5,186 257,803 -1.97 76.08 -394,556 19,613,910
2022-06-03 2022-06-02 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -30,000 262,989 -10.24 74.07 -2,222,190 19,480,384
2022-06-01 2022-05-27 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -1,208 294,824 -0.41 79.20 -95,675 23,350,356
2022-06-01 2022-05-27 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -27,755 296,032 -8.57 77.56 -2,152,650 22,959,946
2022-06-01 2022-05-31 4 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
S - Sale -1,835 292,989 -0.62 77.51 -142,231 22,709,577
2021-04-01 3 AMRK A-Mark Precious Metals, Inc.
Common Stock, par value $0.01 per share
323,787
2021-04-01 2021-03-19 4 AMRK A-Mark Precious Metals, Inc.
Stock Option (Right to Buy)
A - Award 60,000 60,000
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)