Michael J. Del Giudice

Michael J. Del Giudice is a declared insider at 4 companies; the most frequent names are Consolidated Edison Inc, Reis, Inc. and Fusion Telecommunications International Inc. The record holds 234 filings, for trades running from 1 April 2005 to 1 June 2018.

In open-market terms, that means 62 purchases worth €293k on one side and 9 sales worth €442k on the other. Netting one side against the other leaves €150k of net selling. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The rest of the record consists of 159 share grants and 3 option exercises. 2018 to date brings 1 purchase and no sales.

A typical purchase (the median) is worth €639. On 4 out of 4 purchases, another insider of the same company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. After 35 purchases with a full 90-day history, the hit rate stands at 57% and the median 90-day move at +1.5%. This is a record of the past, not a forecast.

The latest filing, published on 1 June 2018, reports an open-market purchase of €20k in Fusion Telecommunications International Inc. Typically, a trade is published a median of 2 days after it takes place. US insiders must file a Form 4 within two business days of a trade. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.