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Garcia David R: insider trades

Director at Alpha PRO Tech LTD. No open-market purchases and 13 sales not made under a pre-set plan, reported from August 27, 2014 to May 19, 2026.

What happened after Garcia David R’s sales?

After their sales, the shares moved −52.1% against the index over 12 months on average (a negative figure means selling was the right call); 100% trailed it.

With 296 insiders tested, some will look skilled or unskilled by chance alone: when we replaced each insider’s stocks with random companies bought on the same days, about 5.7 cleared the bar ahead and 23.3 behind. One record on its own proves little.

Trade by trade

MeasuredTrades countedAverage vs S&P 500MedianWent the right wayYearst-statisticp-valueEvidence
Purchases, 3 months after the report 0 — — — — — — Not enough years
Purchases, 6 months after the report 0 — — — — — — Not enough years
Purchases, 12 months after the report 0 — — — — — — Not enough years
Purchases, 12 months after the trade 0 — — — — — — Not enough years
Sales, 3 months after the report 6 −16.3% −16.6% 100% 4 −3.64 0.036 Some evidence: seller right
Sales, 12 months after the report 4 −52.1% −43.6% 100% 3 — — Not enough years
Sales, 12 months after the trade 4 −56.3% −52.9% 100% 3 — — Not enough years

“Average vs S&P 500” is the stock’s return including dividends minus the index’s over the same dates, from the close on the first trading day after the report, or from the close on the trade date. Only windows that have finished are counted. For sales, a negative figure means the stock lagged after it was sold, so selling was the right call (green). “Went the right way” is the share of purchases that beat the index, or of sales that trailed it. The t-statistic uses one average per year of reports, because one person’s trades bunch into the same stock and weeks, and needs trades in at least four different years; the p-value comes from the t distribution with that number of years (with four years, a t of 2 has p = 0.14). “Some evidence” means p under 5%, “strong evidence” p under 1% over at least six years.

Companies traded

CompanyTitle on the latest filingPurchasesSalesFirst reportLatest report
Alpha PRO Tech LTD APT —013August 27, 2014May 19, 2026

Trades and what followed

Moves are against the S&P 500; green means the trade went the insider’s way.

ReportedTradedCompanyTradeValue3 months after report12 months after report12 months after trade
May 19, 2026May 15, 2026 APT Sale $34,394 −17.9%not yetnot yet
May 18, 2026May 14, 2026 APT Sale $28,812 −15.7%not yetnot yet
September 18, 2024September 16, 2024 APT Sale $27,400 −16.6%−35.7%−30.4%
November 17, 2021November 15, 2021 APT Sale $52,400 not yetnot yetnot yet
May 28, 2021May 26, 2021 APT Sale $41,081 −3.3%−42.2%−41.4%
December 14, 2020December 10, 2020 APT Sale $122,000 −16.5%−85.7%−88.9%
March 3, 2020February 28, 2020 APT Sale $1,478,400 −28.1%−44.9%−64.4%
June 13, 2018June 11, 2018 APT Sale $14,835 not yetnot yetnot yet
March 22, 2018March 20, 2018 APT Sale $37,050 not yetnot yetnot yet
March 20, 2018March 16, 2018 APT Sale $24,365 not yetnot yetnot yet
March 16, 2018March 14, 2018 APT Sale $55,540 not yetnot yetnot yet
October 30, 2014October 28, 2014 APT Sale $58,683 not yetnot yetnot yet
August 27, 2014August 25, 2014 APT Sale $90,685 not yetnot yetnot yet

Open-market purchases and sales of at least $10,000 in companies we cover, from SEC Form 4 filings; sales made under a pre-set Rule 10b5-1 plan are not shown. “Not yet” means the window has not finished or the share price was under $5 at entry. These are the shares’ moves after each trade: they say nothing about why Garcia David R traded and do not suggest the use of non-public information. How every insider compares · the insider trading backtest.