Richard Liebhaber

Richard Liebhaber is a declared insider at 3 companies; the most frequent names are Cogent Communications Holdings, Inc., Viavi Solutions Inc. and Avici Systems Inc. We count 73 filings; the first trade dates from 15 December 2006 and the latest from 1 October 2019.

Market trades split into 4 purchases (€188k) and 6 sales (€718k). Netting one side against the other leaves €530k of net selling. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 35 share grants and 15 option exercises. Since January 2019: no purchases and 1 sale on the market.

Half of the purchases are above €53k and half below. Looking at 4 purchases old enough to measure, the stock rose over the following 90 days in 50% of cases; the median change was +1.8%. They describe history only and say nothing certain about the share price ahead.

The record was last updated on 2 October 2019 with a share grant in Cogent Communications Holdings, Inc. The latest purchase dates back some time: it was published 3,259 days ago, on 6 December 2017. Typically, a trade is published a median of 1 day 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. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.