Mediaco Holding Inc. insider trading
Every open-market purchase and sale by Mediaco Holding Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Mediaco Holding Inc.’s insiders pay?
From December 17, 2019 to May 24, 2024, 9 insiders reported 32 open-market purchases and 12 sales not made under a pre-set plan in Mediaco Holding Inc. Twelve months after each purchase was reported, the shares were −68.5% against the S&P 500 on average (median −66.0%), over 21 purchases with a full year of prices; 0% beat the index. After sales, the shares moved −47.7% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on January 29, 2020 into $986 by November 2, 2026, −29.1% a year. It held shares 37% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $12,846 (+3.8% a year), and held throughout $25,472 (+14.9%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Kim Soohyung | See Footnote 3 | 16 | −70.0% (9) | 0% | 0 | — | July 29, 2022 |
| Standard General L.P. | See Footnote 3 | 16 | −67.4% (12) | 0% | 0 | — | December 30, 2022 |
| Hornaday Ryan A | EVP, CFO & Treasurer | 0 | — | — | 3 | −47.7% (1) | August 16, 2021 |
| Emmis Corp | Director | 0 | — | — | 2 | — | May 24, 2024 |
| Enright J. Scott | EVP, General Counsel & Sec | 0 | — | — | 2 | −47.7% (1) | August 16, 2021 |
| Lee Laura Anne | Director | 0 | — | — | 2 | — | December 20, 2022 |
| Francis, John P. | 10% owner | 0 | — | — | 1 | — | March 26, 2020 |
| Smulyan Jeffrey H | CEO | 0 | — | — | 1 | — | June 16, 2021 |
| Walsh Patrick M | President, COO | 0 | — | — | 1 | — | August 19, 2020 |
When several insiders traded Mediaco Holding Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Mediaco Holding Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 2 buying crowds with six months of prices, it averaged −26.9% against the index. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| January 31, 2022 | 2 buying | −45.4% | −19.5% | −64.9% |
| January 31, 2020 | 2 buying | −36.5% | −34.2% | −74.4% |