Timothy J. Wiggins

Timothy J. Wiggins is a declared insider at 2 companies; the most frequent names are Tellabs Inc and Covista Inc. The record holds 83 filings, for trades running from 9 February 2006 to 25 February 2016.

In open-market terms, that means 3 purchases worth €38k on one side and 27 sales worth €1.2M on the other. Netting one side against the other leaves €1.2M of net selling. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Besides market trades, the filings include 46 share grants and 7 option exercises. In 2016 alone, the filings show no purchases and 1 sale.

In size, the median ticket on the buying side is €15k. For 3 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 67% of cases, with a median move of +3.5%. They describe history only and say nothing certain about the share price ahead.

The latest filing, published on 25 February 2016, reports an open-market sale of €13k in Covista Inc. The last insider purchase was made public on 26 February 2013, 5,003 days ago. Typically, a trade is published a median of 2 days after it takes place. Section 16 rules allow two business days to file each Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.