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EdgarHawk

MCN XAI Madison Equity Premium Income Fund Insider Trading

1 filing analyzed · Latest 2024-12-19
Insider buys
1
Insider sells
0
Unique insiders
1
Direction
Net buying

Historically, medium-priority insider buys have outperformed the S&P 500 by a median ~1% over the 30 days after filing — the edge is concentrated in that first month (n ≈ 7,520, 2022-2026). Past results don't predict the future. How we measure this ↗

December 2024
2024-12-19
medium
2,500 shares
$16,560
@ $6.62
Significance 5/10

Insider Spence John Yogi purchases 2,500 shares of MCN at blended $6.62 as stock trades -13.7% from 52-week high

Spence John Yogi made 2 separate purchases totaling 2,500 shares for $16,560.00 at an average price of $6.62 on 2024-12-19. This establishes an initial position in MCN, with the stock currently at $6.56, trading 13.7% below its 52-week high of $7.60. Across his open-market history spanning multiple tickers, Yogi's prior 8 buys averaged 30-day returns of +283.8% and 90-day returns of +281.4% with a 71.43% 90-day win rate, indicating a historically strong track record of purchase timing. The filing provides no context regarding whether this transaction was scheduled under a trading plan, the size of his broader portfolio, or the fund's recent performance, leaving the specific motivation for this initial MCN accumulation unclear.

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