Medallion Financial Corp insider trading
Every open-market purchase and sale by Medallion Financial Corp's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Medallion Financial Corp’s insiders pay?
From August 11, 2010 to September 10, 2024, 15 insiders reported 38 open-market purchases and 38 sales not made under a pre-set plan in Medallion Financial Corp. Twelve months after each purchase was reported, the shares were −32.0% against the S&P 500 on average (median −23.1%), over 19 purchases with a full year of prices; 42% beat the index. After sales, the shares moved −10.5% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. 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 August 12, 2010 into $14,809 by November 2, 2026, +2.5% a year. It held shares 57% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $33,239 (+7.7% a year), and held throughout $92,719 (+14.8%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Murstein Alvin | See Remarks | 8 | −50.8% (5) | 20% | 8 | −12.3% (7) | March 2, 2022 |
| Rudnick David L | Director | 8 | — | — | 1 | −6.5% (1) | August 12, 2019 |
| Hall Larry D | Chief Financial Officer | 0 | — | — | 8 | −3.0% (7) | December 16, 2016 |
| Weicker Lowell P Jr | Director | 6 | +10.4% (6) | 83% | 2 | −12.8% (2) | March 17, 2015 |
| Kowalsky Michael J | Executive Vice President | 0 | — | — | 6 | −6.0% (6) | March 11, 2014 |
| Murstein Andrew | President | 6 | −71.7% (4) | 0% | 0 | — | March 20, 2017 |
| Tanenbaum Allan J | Director | 5 | +5.4% (1) | 100% | 0 | — | August 12, 2019 |
| Yin Jeffrey John | See Remarks | 0 | — | — | 5 | −13.4% (5) | March 6, 2015 |
| Oleary Brian S | Chief Operating Officer | 0 | — | — | 4 | −2.7% (4) | March 13, 2015 |
| Poulton Donald S. | CEO/President, Medallion Bank | 3 | −80.7% (2) | 0% | 1 | — | August 13, 2019 |
| Aaron Henry L | Director | 1 | — | — | 0 | — | August 12, 2019 |
| Cutrone Anthony N. | Chief Financial Officer | 1 | +26.8% (1) | 100% | 0 | — | September 10, 2024 |
| Jackson Henry D | Director | 0 | — | — | 1 | −5.9% (1) | March 8, 2013 |
| Munson Thomas J. | See Remarks | 0 | — | — | 1 | −75.2% (1) | May 17, 2019 |
| Taggart John M. | CEO & Pres of Medallion Bank | 0 | — | — | 1 | −32.5% (1) | August 15, 2013 |
When several insiders traded Medallion Financial Corp
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Medallion Financial Corp 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 1 buying crowd with six months of prices, it averaged −60.4% against the index. After 4 selling crowds, −14.7%. 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 |
|---|---|---|---|---|
| March 31, 2016 | 3 buying | −19.1% | −60.4% | −92.1% |
| March 31, 2015 | 3 selling | −7.9% | −7.8% | +9.2% |
| May 30, 2014 | 3 selling | −13.0% | −25.6% | −34.8% |
| August 30, 2013 | 4 selling | +16.1% | −12.8% | −30.3% |
| November 30, 2011 | 3 selling | −19.0% | −12.6% | −8.8% |