Michael Tschiderer

Michael Tschiderer is a declared insider at 2 companies; the most frequent names are Transcat Inc and Mpower Holding Corp. We count 21 filings; the first trade dates from 20 February 2006 and the latest from 8 June 2020.

Both buying and selling appear: 13 purchases worth €45k, against 1 sale worth €92k. On balance, insiders were net sellers of €47k. 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 6 share grants and 1 option exercise. So far in 2020, the count stands at 1 purchase and no sales.

A typical purchase (the median) is worth €4,239. Of 13 purchases, 4 formed part of a group of insiders buying within 30 days of each other. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. Ninety days after publication, 13 purchases show a median change of +13.0%, with the price up in 92% of them. They describe history only and say nothing certain about the share price ahead.

The latest filing, published on 10 June 2020, reports a share grant of €408k in Transcat Inc. The last purchase on record was published on 13 March 2020, which is 2,415 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 3 days. For comparison, the SEC allows two business days to file a Form 4. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.