Passport Management LLC

Passport Management LLC has filed trades across 6 companies (mainly through SEC (Form 4)), most often in Uranium Energy Corp, Arlington Asset Investment Corp. and Ziprealty Inc. Between 19 July 2006 and 17 March 2010, the trades on record add up to 135 filings.

On the open market, the record shows 85 purchases worth €14.3M and 49 sales worth €4.0M. On balance, insiders were net buyers of €10.3M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 1 option exercise. Since January 2010: no purchases and 2 sales on the market.

The median purchase comes to €87k. Looking at 42 purchases old enough to measure, the stock rose over the following 90 days in 0% of cases; the median change was -17.5%. These figures describe past trades and do not predict future prices.

On 18 March 2010 came the latest disclosure, an open-market sale for €224k in Imperial Sugar Co /NEW/. The clock since the last published purchase (18 January 2008) now reads 6,869 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 13 days. For comparison, the SEC allows two business days to file a Form 4. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.