Michael W. Ferro Jr.

Michael W. Ferro Jr. discloses dealings in 3 companies, chiefly Tribune Publishing Co, Merge Healthcare Inc and Click Commerce Inc. In total, 41 filings cover trades dated from 27 February 2006 to 15 November 2019.

On the open market, the record shows 23 purchases worth €49.6M and 4 sales worth €113.0M. On balance, insiders were net sellers of €63.4M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 2 share grants and 2 option exercises. In 2019 alone, the filings show no purchases and 3 sales.

In size, the median ticket on the buying side is €198k. Clusters matter here: 23 out of 23 purchases overlapped with buying by a colleague within 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase.

Most recently, on 19 November 2019, the filings show an open-market sale worth €45.2M in Tribune Publishing Co. The most recent open-market purchase was published on 28 December 2016, 3,587 days ago. Typically, a trade is published a median of 2 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.