Adam L. Suttin

Adam L. Suttin is a declared insider at 3 companies; the most frequent names are Tile Shop Holdings, Inc., JWC Acquisition Corp. and Mattress Firm Holding Corp. Over a trading history stretching from 23 November 2011 to 26 October 2015, the count stands at 21 filings.

In open-market terms, that means 5 purchases worth €1.4M on one side and 8 sales worth €6.0M on the other. On balance, insiders were net sellers of €4.6M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 4 share grants. 2015 to date brings no purchases and 3 sales.

A typical purchase (the median) is worth €328k. After 3 purchases with a full 90-day history, the hit rate stands at 33% and the median 90-day move at -17.7%. Past outcomes like these are no guarantee of what comes next.

The record was last updated on 28 October 2015 with an open-market sale (€222k) in Tile Shop Holdings, Inc. The latest purchase dates back some time: it was published 4,358 days ago, on 18 November 2014. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 3 days. The legal deadline for a Form 4 is two business days after the transaction. 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.