Joseph W. Saunders

Joseph W. Saunders discloses dealings in 3 companies, chiefly Visa Inc., Mr. Cooper Group Inc. and NewStar Financial, Inc. Between 3 October 2006 and 17 December 2012, the trades on record add up to 43 filings.

On the open market, the record shows 4 purchases worth €2.8M and 10 sales worth €120.2M. On balance, insiders were net sellers of €117.4M. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Outside the open market, there are 12 share grants and 17 option exercises. So far in 2012, the count stands at no purchases and 8 sales.

In size, the median ticket on the buying side is €383k.

The latest filing, published on 19 December 2012, reports an option exercise in Visa Inc. The clock since the last published purchase (10 December 2008) now reads 6,543 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. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.