Ian M. Cumming

Ian M. Cumming is a declared insider at 2 companies; the most frequent names are Crimson Wine Group, Ltd and Homefed Corp. The record holds 99 filings, for trades running from 4 April 2016 to 27 March 2017.

The open-market side counts 96 purchases for €1.5M alongside 2 sales for €22.5M. Netting one side against the other leaves €21.0M of net selling. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 1 option exercise. 2018 to date brings 1 purchase and no sales.

In size, the median ticket on the buying side is €9,481. On 39 out of 94 purchases, another insider of the same company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster. Looking at 94 purchases old enough to measure, the stock rose over the following 90 days in 71% of cases; the median change was +1.5%. Past outcomes like these are no guarantee of what comes next.

The newest entry dates from 9 May 2018: an open-market purchase of €8,161, in Crimson Wine Group, Ltd. The median gap between a trade and its publication by SEC (Form 4) is 1 day. Section 16 rules allow two business days to file each Form 4. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.