Austin W. & Greenhouse David M. Marxe

Filings by Austin W. & Greenhouse David M. Marxe span 103 companies, the busiest being Inovio Pharmaceuticals, Inc., World Heart Corp and Bakers Footwear Group Inc. Over a trading history stretching from 14 November 2005 to 25 August 2015, the count stands at 1,876 filings.

In open-market terms, that means 666 purchases worth €73.3M on one side and 1,178 sales worth €167.2M on the other. The net balance comes to €93.8M on the selling side. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Other entries cover 2 option exercises. 2015 to date brings no purchases and 6 sales.

In size, the median ticket on the buying side is €10k. Looking at 131 purchases old enough to measure, the stock rose over the following 90 days in 42% of cases; the median change was -4.0%. This is a record of the past, not a forecast.

The newest entry dates from 27 August 2015: an open-market sale of €11k, in Pfsweb Inc. The clock since the last published purchase (17 December 2014) now reads 4,328 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. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.