Daniel C Bartok - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Daniel C Bartok. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

Companies with Reported Insider Positions

The SEC filings indicate Daniel C Bartok has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Daniel C Bartok. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases FOR / Forestar Group Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in FOR / Forestar Group Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Max	Price at Max	Max Profit ($)	Max Return (%)
2022-09-22	FOR	BARTOK DANIEL C	2,000	11.5000	2,000	11.5000	23,000	319	31.0300	39,060	169.83
2022-08-30	FOR	BARTOK DANIEL C	1,800	12.7300	1,800	12.7300	22,914
2022-07-27	FOR	BARTOK DANIEL C	1,500	13.5000	1,500	13.5000	20,250
2022-02-23	FOR	BARTOK DANIEL C	1,000	18.0000	1,000	18.0000	18,000
2022-01-31	FOR	BARTOK DANIEL C	2,000	19.7625	2,000	19.7625	39,525
2021-08-17	FOR	BARTOK DANIEL C	1,000	20.1500	1,000	20.1500	20,150
2020-03-17	FOR	BARTOK DANIEL C	250	11.4000	250	11.4000	2,850
2020-03-13	FOR	BARTOK DANIEL C	500	13.2500	500	13.2500	6,625
2019-06-17	FOR	BARTOK DANIEL C	500	17.7500	500	17.7500	8,875
2018-12-20	FOR	BARTOK DANIEL C	1,000	14.5000	1,000	14.5000	14,500
2018-12-13	FOR	BARTOK DANIEL C	1,000	13.9929	1,000	13.9929	13,993
2018-11-29	FOR	BARTOK DANIEL C	1,000	15.8100	1,000	15.8100	15,810
2018-06-19	FOR	BARTOK DANIEL C	500	22.0000	500	22.0000	11,000
2018-06-18	FOR	BARTOK DANIEL C	500	22.5000	500	22.5000	11,250
2018-05-14	FOR	BARTOK DANIEL C	500	22.0000	500	22.0000	11,000
2018-03-07	FOR	BARTOK DANIEL C	1,000	23.4300	1,000	23.4300	23,430

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Sales FOR / Forestar Group Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in FOR / Forestar Group Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Min	Price at Min	Max Loss Avoided ($)	Max Loss Avoided (%)
2023-12-27	FOR	BARTOK DANIEL C	1,000	34.2250	1,000	34.2250	34,225	358	25.5200	-8,705	-25.43
2023-12-20	FOR	BARTOK DANIEL C	949	34.7500	949	34.7500	32,978
2023-12-13	FOR	BARTOK DANIEL C	5,300	31.6760	5,300	31.6760	167,883
2023-12-12	FOR	BARTOK DANIEL C	7,555	31.1156	7,555	31.1156	235,078
2023-12-08	FOR	BARTOK DANIEL C	6,000	31.3686	6,000	31.3686	188,212
2023-12-07	FOR	BARTOK DANIEL C	4,000	30.9200	4,000	30.9200	123,680
2023-12-05	FOR	BARTOK DANIEL C	2,202	31.3000	2,202	31.3000	68,923
2023-12-01	FOR	BARTOK DANIEL C	19,816	31.1177	19,816	31.1177	616,628
2023-11-30	FOR	BARTOK DANIEL C	5,000	30.8227	5,000	30.8227	154,114
2023-11-29	FOR	BARTOK DANIEL C	8,120	31.5171	8,120	31.5171	255,919

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Trading History

This table shows the complete list of insider trades made by Daniel C Bartok as disclosed to the Securities Exchange Commission (SEC).