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Company Analysis

IPXL Insider Trading

IPXL | Market Equity

Comprehensive Trading Performance Summary

The investment history of corporate insiders at IPXL provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Market Equity sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2011-09-07 00:33 2011-09-01 FLEMING NIGEL Director SELL $19.04 14,640 $278,746 10,666 -57.9%
2011-08-16 22:19 2011-08-16 HSU LARRY Director, Officer - President and CEO BUY $19.00 10,000 $190,000 426,903 +2.4%
2011-08-08 23:49 2011-08-08 BENET LESLIE Z Director BUY $15.71 500 $7,855 4,500 +12.5%
2011-08-06 00:53 2011-08-05 BENET LESLIE Z Director BUY $17.25 1,000 $17,250 4,000 +33.3%
2011-06-10 00:21 2011-06-07 MARKBREITER MICHAEL Director OPT+S $23.26 20,334 $472,949 10,666 0.0%
2011-06-10 00:11 2011-06-07 FLEMING NIGEL Director OPT+S $23.45 13,334 $312,682 25,306 0.0%
2011-06-10 00:07 2011-06-07 TERRERI PETER R Director SELL $23.21 2,800 $64,988 22,767 -11.0%
2010-12-14 04:33 2010-12-09 FLEMING NIGEL Director OPT+S $18.70 8,500 $158,950 26,640 0.0%
2010-12-03 22:34 2010-12-01 BENET LESLIE Z Director OPT+S $18.10 10,000 $181,000 7,000 0.0%
2010-11-09 17:22 2010-11-05 Mengler Christopher Other SELL $19.32 7,460 $144,127 0 -100.0%
2010-11-03 17:24 2010-10-22 Mengler Christopher Other SELL $21.24 42,956 $912,424 7,460 -85.2%
2010-08-20 20:02 2010-08-12 CHAO ALLEN Director BUY $15.72 13,800 $216,936 180,000 +8.3%
2010-08-17 21:37 2010-08-13 NESTOR MICHAEL Officer - President, Impax Pharm. Div. BUY $16.06 1,645 $26,419 3,645 +82.3%
2010-08-17 21:31 2010-08-13 CHAO ALLEN Director BUY $16.03 46,200 $740,586 20,000 +100.0%
2010-08-12 23:01 2010-08-12 Mengler Christopher Officer - President, Global Pharm. Div. BUY $15.19 2,000 $30,380 59,706 +3.5%
2010-08-12 22:02 2010-08-12 HSU LARRY Director, Officer - President and CEO BUY $15.40 5,000 $77,000 2,369,568 +0.2%
2010-08-12 21:31 2010-08-11 HSU LARRY Director, Officer - President and CEO BUY $16.03 10,000 $160,300 2,364,568 +0.4%
2010-08-12 21:28 2010-08-10 FLEMING NIGEL Director OPT+S $16.83 7,500 $126,225 26,640 0.0%
2010-06-08 23:15 2010-06-04 TERRERI PETER R Director SELL $20.51 1,465 $30,047 14,535 -9.2%
2010-06-08 23:15 2010-06-04 FLEMING NIGEL Director SELL $20.37 1,360 $27,703 26,640 -4.9%
2010-06-08 23:13 2010-06-04 BURR ROBERT L Director SELL $20.32 1,000 $20,320 44,150 -2.2%
2010-05-25 01:11 2010-05-20 MARKBREITER MICHAEL Director OPT+S $19.86 19,000 $377,251 8,000 0.0%
2010-05-19 17:21 2010-05-17 FLEMING NIGEL Director OPT+S $19.50 8,000 $156,000 24,000 0.0%
2010-05-11 03:20 2010-05-07 BENET LESLIE Z Director OPT+S $17.10 12,000 $205,189 3,000 0.0%
2010-03-04 22:57 2010-03-02 MARKBREITER MICHAEL Director OPT+S $15.38 15,000 $230,700 12,000 0.0%
2009-11-10 00:52 2009-11-06 MARKBREITER MICHAEL Director OPT+S $9.70 4,000 $38,800 12,000 0.0%
2009-08-18 18:24 2009-08-14 FLEMING NIGEL Director OPT+S $7.69 4,000 $30,770 24,000 0.0%
2009-05-12 23:13 2009-05-08 Mengler Christopher Officer - President, Global Pharm. Div. BUY $5.85 1,000 $5,850 47,000 +2.2%
2009-03-26 00:38 2009-03-25 Mengler Christopher Officer - President, Global Pharm. Div. BUY $5.50 1,000 $5,500 46,000 +2.2%
2009-03-17 16:46 2009-03-13 NESTOR MICHAEL Officer - President, Impax Pharm. Div. BUY $5.59 2,000 $11,180 2,000 +100.0%
2009-03-16 20:50 2009-03-13 Hildenbrand Charles V Officer - SVP, Operations BUY $5.75 5,000 $28,750 5,000 +100.0%
2009-01-26 20:42 2009-01-23 HSU LARRY Director, Officer - President and CEO BUY $3.80 12,900 $49,020 2,483,771 +0.5%
2009-01-24 02:02 2009-01-22 KOCH ARTHUR A JR Officer - SVP, Finance, and CFO BUY $3.99 5,000 $19,938 5,000 +100.0%
2009-01-24 01:59 2009-01-22 HSU LARRY Director, Officer - President and CEO BUY $3.98 87,100 $346,353 2,470,871 +3.7%
2005-03-04 17:56 2005-03-02 CHU MAY Officer - Sr. VP Quality Affairs BUY $14.36 139 $1,996 55,427 +0.3%
2005-03-04 17:19 2005-03-02 HSU LARRY Director, Officer - President BUY $14.36 139 $1,996 2,383,910 +0.0%
2005-03-04 00:53 2005-03-02 HSIAO CHARLES Director BUY $14.36 139 $1,996 3,610 +4.0%
2004-12-09 01:33 2004-12-02 HSIAO CHARLES Director BUY $10.94 183 $2,002 3,471 +5.6%
2004-12-06 23:52 2004-12-02 CHU MAY Officer - Senior VP - Quality Affairs BUY $10.94 183 $2,002 55,288 +0.3%
2004-12-03 23:29 2004-12-02 HSU LARRY Director, Officer - President BUY $10.94 183 $2,002 2,383,771 +0.0%
2004-12-03 23:05 2004-12-02 HSIAO CHARLES Director BUY $0.00 3,531,788 $2,119 3,531,605 +100.0%
2004-11-29 23:04 2004-11-24 HSU LARRY Director, Officer - President BUY $0.75 333,580 $250,185 2,383,855 +16.3%
2004-09-10 18:06 2004-09-09 CHU MAY Officer - Senior VP - Quality Affairs SELL $16.80 6,258 $105,134 55,105 -10.2%
2004-09-02 22:48 2004-09-01 HSIAO CHARLES Director BUY $12.58 159 $2,000 3,288 +5.1%
2004-09-02 21:55 2004-09-01 CHU MAY Officer - Senior VP Quality Affairs BUY $12.58 159 $2,000 61,363 +0.3%
2004-09-02 20:52 2004-09-01 HSU LARRY Director, Officer - President BUY $12.58 159 $2,000 2,050,275 +0.0%
2004-06-18 16:15 2004-06-07 MARKBREITER MICHAEL Director SELL $21.89 20,000 $437,772 0 -100.0%
2004-06-18 16:15 2004-06-07 MARKBREITER MICHAEL Director BUY $2.59 20,000 $51,876 20,000 +100.0%
2004-06-18 15:21 2004-06-07 SPIEGLER CORNEL C Officer - Chief Financial Officer SELL $21.82 56,000 $1,221,853 10,750 -83.9%
2004-06-18 15:21 2004-06-07 SPIEGLER CORNEL C Officer - Chief Financial Officer BUY $3.03 56,000 $169,747 66,750 +520.9%
SHOW ENTRIES

How to Interpret $IPXL Trades

Not every insider transaction in IPXL is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $IPXL shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for IPXL

Insider activity data for IPXL is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $IPXL, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.