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Company Analysis

ZTR Insider Trading

Virtus Total Return Fund Inc. |

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Virtus Total Return Fund Inc. 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 sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2009-03-11 18:14 2009-03-10 Neel Carlton Officer - Executive VP BUY $2.68 3,700 $9,916 23,124 +19.0%
2009-03-02 19:01 2009-02-26 WALTON R KEITH Director BUY $3.10 2,000 $6,200 5,685 +54.3%
2008-10-14 16:19 2008-10-10 Zweig Martin Other BUY $2.67 5,000 $13,350 175,480 +2.9%
2008-10-10 18:49 2008-10-10 Zweig Martin Other BUY $2.64 5,000 $13,200 170,480 +3.0%
2008-10-10 18:03 2008-10-10 Zweig Martin Other BUY $2.64 5,000 $13,200 165,480 +3.1%
2008-10-10 19:03 2008-10-10 Zweig Martin Other BUY $2.59 5,000 $12,950 170,480 +3.0%
2008-10-10 18:43 2008-10-08 Neel Carlton Officer - Executive VP BUY $3.06 16,000 $49,030 8,000 +100.0%
2008-10-10 17:53 2008-10-08 DICKERSON DAVID Officer - Senior VP BUY $3.09 2,000 $6,180 15,147 +15.2%
2008-10-07 23:21 2008-10-06 Zweig Martin Other BUY $3.39 10,000 $33,900 160,480 +6.6%
2008-04-11 21:05 2008-04-11 LUSCOMBE WENDY W Director BUY $4.58 2,200 $10,076 2,200 +100.0%
2008-03-06 23:54 2008-03-06 DICKERSON DAVID Officer - Senior VP BUY $4.72 2,100 $9,912 12,349 +20.5%
2008-01-22 23:19 2008-01-22 Baltuch Marc Officer - VP and CCO BUY $4.25 5,000 $21,250 5,000 +100.0%
2007-12-31 18:32 2007-12-28 WALTON R KEITH Director BUY $4.57 2,210 $10,100 3,685 +149.8%
2007-05-10 00:05 2007-05-07 WALTON R KEITH Director BUY $5.59 1,805 $10,090 1,475 +100.0%
2007-03-06 19:39 2007-03-05 AYLWARD GEORGE R JR Director, Officer, Other - President BUY $5.56 910 $5,060 910 +100.0%
2006-05-02 23:09 2006-05-02 DICKERSON DAVID Officer - Senior Vice President BUY $4.80 2,400 $11,520 7,140 +50.6%
2006-01-04 22:17 2005-12-30 WALTON R KEITH Director BUY $4.72 475 $2,242 1,475 +47.5%
2005-05-26 17:49 2005-05-25 DICKERSON DAVID Officer - Senior Vice President BUY $5.13 2,100 $10,773 4,295 +95.7%
2005-04-05 21:57 2005-04-05 LUSCOMBE WENDY W Director BUY $5.22 500 $2,610 3,448 +17.0%
2005-03-03 21:15 2005-03-03 LUSCOMBE WENDY W Director BUY $5.27 1,500 $7,905 2,948 +103.6%
2005-02-17 23:11 2005-02-16 WALTON R KEITH Director BUY $5.28 500 $2,640 600 +500.0%
2005-02-17 23:36 2005-02-16 WALTON R KEITH Director BUY $5.28 900 $4,752 1,000 +900.0%
2004-12-10 18:09 2004-12-09 Baltuch Marc Officer - Vice President BUY $5.29 500 $2,645 500 +100.0%
2004-05-07 22:30 2004-05-06 Neel Carlton Officer - Senior VP BUY $5.14 10,000 $51,400 10,000 +100.0%
2004-04-20 20:20 2004-04-20 DICKERSON DAVID Officer - Senior Vice President BUY $5.26 2,000 $10,520 2,000 +100.0%
2004-04-19 16:38 2004-04-16 GERACI DANIEL T Director, Officer, Other - Fund President BUY $5.27 1,900 $10,013 1,900 +100.0%
2004-04-15 17:24 2004-04-14 WALTON R KEITH Director BUY $5.33 100 $533 100 +100.0%
2004-04-14 18:28 2004-04-12 LUSCOMBE WENDY W Director BUY $5.44 400 $2,176 1,440 +38.5%
SHOW ENTRIES

How to Interpret $ZTR Trades

Not every insider transaction in Virtus Total Return Fund Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $ZTR 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 ZTR

Insider activity data for Virtus Total Return Fund Inc. 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 $ZTR, 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.