Norman H. Pessin

Filings by Norman H. Pessin span 5 companies, the busiest being Duos Technologies Group, Inc., Chembio Diagnostics, Inc. and ICTV Brands Inc. The record holds 19 filings, for trades running from 16 August 2016 to 31 October 2022.

In open-market terms, that means 9 purchases worth €4.5M on one side and 3 sales worth €75k on the other. The net balance comes to €4.4M on the buying side. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. So far in 2022, the count stands at 4 purchases and no sales.

Half of the purchases are above €322k and half below. Of 7 purchases, 2 formed part of a group of insiders buying within 30 days of each other. Purchases made close together by different insiders form what is called a cluster.

The newest entry dates from 2 November 2022: an open-market purchase of €152k, in Precision Optics Corporation, Inc. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 10 days. Section 16 rules allow two business days to file each Form 4. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.