The overview represents results for last seven days for insider trading. The traders were tested with one-tailed statistical test. The test validate the distribution area for one value, the value is greater or less than the certain value. Testing the null hypothesis that the trading activities mean is equal to a specified value μ0 with following expression: t = (x-μ0)/(s/√n)
The overview we do one tailed tests. The goal is to identify if insider trading had statistical significance. If the inside tradings have statistical significance, then it could be mean, that the insider information advantage.
Example:
Person A BUY and SELL shares of one Company.
If A BUY a SHARE and in the following days the share price goes almost every time up.
If A SELL a SHARE and in the following days the share price goes almost every time down.
The hypothesis is then following: every time, when A do an action (BUY or SELL) then it has no significant influence on the expected value. Person A trades randomly and has no advantage information about the future price development.
Accept: Inside trader tradings are random
Reject: The tradings are are statistical significance Trader get positive trading for his actions.
CIK | Name | Last trading symbol | Last trading date | Last action | t 1day | p 1day | T-Test | # | t 7day | p 7day | T-Test | # | t 14day | p 14day | T-Test | # | t 30day | pp 30day | T-Test | # |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1334940 | Kehoe Michael P | KNSL | 2022-05-13 | SALE | -1.07 | 0.30 | Accept | 16 | -1.79 | 0.09 | Accept | 16 | -1.41 | 0.18 | Accept | 15 | -1.38 | 0.19 | Accept | 15 |
1233415 | Greenfield Gary G | DBD | 2022-05-12 | BUY | 1.12 | 0.38 | Accept | 3 | 1.15 | 0.37 | Accept | 3 | 2.00 | 0.18 | Accept | 3 | 1.48 | 0.23 | Accept | 4 |
1664542 | Costello Ellen | DBD | 2022-05-12 | BUY | -0.38 | 0.72 | Accept | 6 | -0.05 | 0.97 | Accept | 6 | -0.49 | 0.64 | Accept | 7 | -1.19 | 0.28 | Accept | 7 |
1215177 | Rutherford Jeffrey L | DBD | 2022-05-12 | BUY | -0.30 | 0.82 | Accept | 2 | -0.35 | 0.78 | Accept | 2 | -0.62 | 0.65 | Accept | 2 | -1.19 | 0.44 | Accept | 2 |
1669639 | Sanzone Virginia Ruth | ICUI | 2022-05-12 | SALE | -0.20 | 0.85 | Accept | 4 | -0.71 | 0.53 | Accept | 4 | -1.19 | 0.32 | Accept | 4 | 0.01 | 0.99 | Accept | 4 |
1731363 | Van Dyk Robert | CLBK | 2022-05-12 | BUY | -11.21 | 0.01 | Accept | 3 | -1.62 | 0.20 | Accept | 4 | -0.34 | 0.76 | Accept | 4 | 0.20 | 0.85 | Accept | 4 |
1551778 | Malik Fady Ibraham | CYTK | 2022-05-12 | SALE | 1.15 | 0.26 | Accept | 26 | 0.39 | 0.70 | Accept | 26 | -0.98 | 0.34 | Accept | 27 | -0.59 | 0.56 | Accept | 27 |
1421897 | Mastercard Foundation | MA | 2022-05-13 | SALE | 0.52 | 0.60 | Accept | 162 | -0.90 | 0.37 | Accept | 159 | -2.21 | 0.03 | Accept | 159 | -2.81 | 0.01 | Accept | 159 |
1073397 | Lopez George A | ICUI | 2022-05-12 | BUY | 1.83 | 0.09 | Reject | 17 | 2.15 | 0.05 | Reject | 17 | 2.81 | 0.01 | Reject | 17 | 5.07 | 0.00 | Reject | 17 |
1268406 | Burke James A | VST | 2022-05-12 | BUY | 1.97 | 0.09 | Reject | 8 | 1.94 | 0.09 | Reject | 8 | 1.71 | 0.13 | Accept | 8 | 2.70 | 0.03 | Reject | 9 |
1785451 | Elaine Johnson Martin | RICK | 2022-05-12 | BUY | -1.00 | 0.36 | Accept | 6 | 0.82 | 0.45 | Accept | 6 | 1.37 | 0.23 | Accept | 6 | 0.09 | 0.93 | Accept | 5 |
1536310 | Gottesfeld Stephen P | NEM | 2022-05-12 | SALE | -0.16 | 0.87 | Accept | 47 | -0.46 | 0.65 | Accept | 47 | 0.28 | 0.78 | Accept | 47 | -0.15 | 0.88 | Accept | 47 |
1435005 | Army Joseph | VAPO | 2022-05-12 | BUY | 0.25 | 0.83 | Accept | 3 | 0.83 | 0.50 | Accept | 3 | 0.84 | 0.49 | Accept | 3 | -0.24 | 0.83 | Accept | 3 |
1221359 | Rady Ernest S | AAT | 2022-05-12 | BUY | 0.62 | 0.54 | Accept | 117 | 0.09 | 0.93 | Accept | 114 | 0.49 | 0.62 | Accept | 109 | 0.43 | 0.67 | Accept | 108 |
1786925 | Prince Matthew | NET | 2022-05-12 | SALE | -1.43 | 0.16 | Accept | 72 | -2.94 | 0.00 | Accept | 72 | -1.66 | 0.10 | Accept | 72 | -3.12 | 0.00 | Accept | 72 |
1576905 | Blumofe Robert | AKAM | 2022-05-13 | SALE | 0.66 | 0.52 | Accept | 22 | -0.16 | 0.87 | Accept | 22 | -0.13 | 0.89 | Accept | 22 | -0.24 | 0.81 | Accept | 22 |
1610257 | Young Donald R | ASPN | 2022-05-12 | BUY | -0.95 | 0.39 | Accept | 6 | -1.49 | 0.20 | Accept | 6 | -2.42 | 0.06 | Accept | 6 | 0.69 | 0.52 | Accept | 7 |
1617955 | Gonzalez Jorge Luis | JOE | 2022-05-12 | BUY | 0.16 | 0.88 | Accept | 4 | 0.00 | 1.00 | Accept | 3 | 1.28 | 0.29 | Accept | 4 | 1.90 | 0.13 | Accept | 5 |
1798674 | Bf Bank Partners Lp | BANF | 2022-05-12 | SALE | -0.12 | 0.91 | Accept | 10 | -0.77 | 0.46 | Accept | 10 | -1.81 | 0.10 | Accept | 10 | -0.24 | 0.81 | Accept | 10 |
1798119 | Main Street Banking Partners Lp | BANF | 2022-05-12 | SALE | 0.51 | 0.63 | Accept | 8 | -0.79 | 0.46 | Accept | 8 | -1.73 | 0.13 | Accept | 8 | -0.42 | 0.69 | Accept | 8 |
1042873 | Rainbolt David E | BANF | 2022-05-12 | SALE | 1.76 | 0.11 | Accept | 11 | 0.60 | 0.56 | Accept | 11 | -0.85 | 0.41 | Accept | 11 | 0.61 | 0.55 | Accept | 11 |
898544 | Payson Norman | PGNY | 2022-05-12 | SALE | -0.83 | 0.41 | Accept | 177 | -2.03 | 0.04 | Accept | 177 | -2.45 | 0.02 | Accept | 175 | -3.92 | 0.00 | Accept | 174 |
1348459 | Hamer Andrew | VLDR | 2022-05-12 | SALE | 0.70 | 0.50 | Accept | 13 | 1.45 | 0.17 | Accept | 13 | 2.20 | 0.05 | Reject | 13 | 3.54 | 0.00 | Reject | 12 |
1644638 | Peterson Stacy | WING | 2022-05-12 | SALE | 1.77 | 0.22 | Accept | 3 | 1.10 | 0.39 | Accept | 3 | 0.47 | 0.68 | Accept | 3 | 0.20 | 0.86 | Accept | 3 |
1768052 | Bacon Renee M | MUSA | 2022-05-12 | SALE | 3.23 | 0.19 | Accept | 2 | 120.49 | 0.01 | Reject | 2 | 1.23 | 0.44 | Accept | 2 | 1.81 | 0.32 | Accept | 2 |
1834247 | Mcbeath Kathryn | VLDR | 2022-05-12 | SALE | 1.84 | 0.11 | Accept | 8 | 0.52 | 0.62 | Accept | 8 | 1.65 | 0.14 | Accept | 8 | 2.86 | 0.03 | Reject | 7 |
1851727 | Vass Sinclair | VLDR | 2022-05-12 | SALE | 2.20 | 0.11 | Accept | 4 | -1.00 | 0.39 | Accept | 4 | 0.40 | 0.72 | Accept | 4 | 1.59 | 0.21 | Accept | 4 |
1428804 | Denaples Louis A Jr | FNCB | 2022-05-12 | BUY | 2.72 | 0.22 | Accept | 2 | -3.34 | 0.19 | Accept | 2 | 0.82 | 0.56 | Accept | 2 | 1.69 | 0.34 | Accept | 2 |
1816502 | Farner Jay | RKT | 2022-05-12 | BUY | -2.18 | 0.04 | Accept | 29 | -4.76 | 0.00 | Accept | 27 | -2.04 | 0.05 | Accept | 22 | -3.28 | 0.01 | Accept | 11 |
1734406 | Barnhart James | VLDR | 2022-05-12 | SALE | 1.75 | 0.33 | Accept | 2 | 10.36 | 0.06 | Reject | 2 | 3.20 | 0.19 | Accept | 2 | 0.00 | 0.00 | 0 | |
1825551 | Rekow Mathew | VLDR | 2022-05-12 | SALE | 1.06 | 0.31 | Accept | 14 | 1.97 | 0.07 | Reject | 14 | 3.21 | 0.01 | Reject | 14 | 3.81 | 0.00 | Reject | 13 |
1910024 | Ramsey Randall C. | ARTW | 2022-05-13 | BUY | -4.87 | 0.00 | Accept | 7 | -13.92 | 0.00 | Accept | 4 | 0.00 | 0.00 | 0 | 0.00 | 0.00 | 0 | ||
1877053 | Garcia Ken V | TMST | 2022-05-12 | BUY | 2.10 | 0.28 | Accept | 2 | 4.42 | 0.14 | Accept | 2 | -10.69 | 0.06 | Accept | 2 | -1.75 | 0.33 | Accept | 2 |