Jordan Davis

Jordan Davis discloses dealings in 3 companies, chiefly Tactile Systems Technology Inc, Athersys, INC / NEW and American Bank Note Holographics Inc. In total, 28 filings cover trades dated from 13 February 2008 to 27 February 2018.

The open-market side counts 3 purchases for €231k alongside 19 sales for €32.3M. Sales outweigh purchases by €32.1M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 2 share grants. Since January 2018: no purchases and 9 sales on the market.

The median purchase comes to €24k. Of 3 purchases, 3 formed part of a group of insiders buying within 30 days of each other. Purchases made close together by different insiders form what is called a cluster.

On 1 March 2018 came the latest disclosure, an open-market sale for €154k in Tactile Systems Technology Inc. The last purchase on record was published on 1 February 2017, which is 3,552 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. The legal deadline for a Form 4 is two business days after the transaction. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.