Barry C. Honig

Barry C. Honig has filed trades across 7 companies (mainly through SEC (Form 4)), most often in Pershing Gold Corp., interCLICK, Inc. and Niagen Bioscience, Inc. In total, 349 filings cover trades dated from 22 June 2009 to 3 April 2019.

On the open market, the record shows 300 purchases worth €29.8M and 24 sales worth €8.6M. No amount is published for 4 filings, which the totals therefore leave out. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 11 share grants and 2 option exercises.

A typical purchase (the median) is worth €27k. Clusters matter here: 9 out of 126 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. Looking at 31 purchases old enough to measure, the stock rose over the following 90 days in 61% of cases; the median change was +13.2%. This is a record of the past, not a forecast.

The latest filing, published on 12 April 2019, reports a transaction in Pershing Gold Corp. The last insider purchase was made public on 21 December 2018, 2,864 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. US insiders must file a Form 4 within two business days of a trade. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.