Richard Wright - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Richard Wright. 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 Richard Wright 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 Richard Wright. 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 WSFS / WSFS Financial Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in WSFS / WSFS Financial Corporation. 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 WSFS / WSFS Financial Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in WSFS / WSFS Financial Corporation. 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 (%)
2022-08-11	WSFS	WRIGHT RICHARD	3,740	49.6587	3,740	49.6587	185,724	273	29.9400	-73,747	-39.71
2021-12-14	WSFS	WRIGHT RICHARD	762	48.9600	762	48.9600	37,308
2021-11-02	WSFS	WRIGHT RICHARD	1,733	53.6619	1,733	53.6619	92,996
2021-10-26	WSFS	WRIGHT RICHARD	8,789	53.5800	8,789	53.5800	470,915
2021-10-25	WSFS	WRIGHT RICHARD	10,362	53.2600	10,362	53.2600	551,880
2021-06-02	WSFS	WRIGHT RICHARD	3,064	53.5137	3,064	53.5137	163,966
2021-05-07	WSFS	WRIGHT RICHARD	4,072	52.4459	4,072	52.4459	213,560
2021-04-30	WSFS	WRIGHT RICHARD	3,228	51.2969	3,228	51.2969	165,586
2021-04-27	WSFS	WRIGHT RICHARD	1,234	50.5600	1,234	50.5600	62,391
2021-03-12	WSFS	WRIGHT RICHARD	3,099	52.0000	3,099	52.0000	161,148
2020-11-02	WSFS	WRIGHT RICHARD	12,204	32.9053	12,204	32.9053	401,576
2019-09-13	WSFS	WRIGHT RICHARD	784	45.2400	784	45.2400	35,468
2019-09-12	WSFS	WRIGHT RICHARD	8,026	44.6120	8,026	44.6120	358,056
2018-08-21	WSFS	WRIGHT RICHARD	3,096	50.3645	3,096	50.3645	155,928
2018-04-25	WSFS	WRIGHT RICHARD	2,681	51.4300	2,681	51.4300	137,884
2018-03-09	WSFS	WRIGHT RICHARD	2,500	50.4800	2,500	50.4800	126,200
2018-03-09	WSFS	WRIGHT RICHARD	5,000	49.9300	5,000	49.9300	249,650
2018-03-05	WSFS	WRIGHT RICHARD	3,462	48.9095	3,462	48.9095	169,325
2017-03-06	WSFS	WRIGHT RICHARD	2,061	45.2000	2,061	45.2000	93,157
2017-03-01	WSFS	WRIGHT RICHARD	5,000	46.8000	5,000	46.8000	234,000
2017-01-31	WSFS	WRIGHT RICHARD	4,000	45.1200	4,000	45.1200	180,480
2016-11-14	WSFS	WRIGHT RICHARD	4,000	40.4800	4,000	40.4800	161,920
2016-06-10	WSFS	WRIGHT RICHARD	4,597	36.2801	4,597	36.2801	166,780
2016-05-09	WSFS	WRIGHT RICHARD	6,000	33.6100	6,000	33.6100	201,660
2015-07-28	WSFS	WRIGHT RICHARD	5,000	28.1400	5,000	28.1400	140,700
2015-05-18	WSFS	WRIGHT RICHARD	3,000	25.1700	9,000	8.3900	75,510
2015-05-12	WSFS	WRIGHT RICHARD	500	74.5000	1,500	24.8333	37,250
2015-05-08	WSFS	WRIGHT RICHARD	1,000	73.0000	3,000	24.3333	73,000
2015-03-12	WSFS	WRIGHT RICHARD	1,333	76.5200	3,999	25.5067	102,001

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 Richard Wright as disclosed to the Securities Exchange Commission (SEC).