David M. Knott

Filings by David M. Knott span 11 companies, the busiest being Ligand Pharmaceuticals Inc, Rand Logistics, Inc. and Essex Rental Corp. Between 13 February 2006 and 12 April 2016, the trades on record add up to 548 filings.

On the open market, the record shows 230 purchases worth €47.4M and 252 sales worth €57.7M. The amount is not disclosed for 51 filings. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 31 share grants. 2016 to date brings no purchases and 8 sales.

The median purchase comes to €57k. After 94 purchases with a full 90-day history, the hit rate stands at 4% and the median 90-day move at -12.2%. Past outcomes like these are no guarantee of what comes next.

On 14 April 2016 came the latest disclosure, an open-market sale for €7,183 in Rand Logistics, Inc. The clock since the last published purchase (14 October 2014) now reads 4,392 days. 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. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.