TAP & Co

TAP & Co discloses dealings in Investors Heritage Capital Corp to SEC (Form 4). The record holds 114 filings, for trades running from 23 January 2006 to 2 March 2018.

In open-market terms, that means 90 purchases worth €1.5M on one side and 11 sales worth €230k on the other. On balance, insiders were net buyers of €1.3M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 1 share grant.

A typical purchase (the median) is worth €9,583. 1 out of 3 purchases came within 30 days of a purchase by at least one other insider of the same company. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase.

The record was last updated on 6 March 2018 with a transaction (€10.5M) in Investors Heritage Capital Corp. The most recent open-market purchase was published on 5 October 2017, 3,321 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. For comparison, the SEC allows two business days to file a Form 4. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.