Steven E Brady - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Steven E Brady. 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 Steven E Brady 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 Steven E Brady. 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 OCFC / OceanFirst Financial Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in OCFC / OceanFirst Financial Corp.. 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 (%)
There are no known unplanned open-market trades for this insider and security combination

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

Insider Sales OCFC / OceanFirst Financial Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in OCFC / OceanFirst Financial Corp.. 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 (%)
2020-02-20	OCFC	BRADY STEVEN E	22,187	23.4600	22,187	23.4600	520,507	27	12.0500	-253,154	-48.64
2020-02-19	OCFC	BRADY STEVEN E	6,184	23.4500	6,184	23.4500	145,015
2020-02-19	OCFC	BRADY STEVEN E	113	23.4550	113	23.4550	2,650
2020-02-13	OCFC	BRADY STEVEN E	11,920	23.5400	11,920	23.5400	280,597
2019-12-26	OCFC	BRADY STEVEN E	14,680	25.2500	14,680	25.2500	370,670
2018-02-05	OCFC	BRADY STEVEN E	2,653	26.0500	2,653	26.0500	69,111
2018-02-05	OCFC	BRADY STEVEN E	706	26.0300	706	26.0300	18,377
2018-02-05	OCFC	BRADY STEVEN E	16,641	26.0100	16,641	26.0100	432,832
2017-10-31	OCFC	BRADY STEVEN E	2,800	27.6500	2,800	27.6500	77,420
2017-08-28	OCFC	BRADY STEVEN E	3,825	24.8900	3,825	24.8900	95,204
2017-05-03	OCFC	BRADY STEVEN E	8,000	28.1800	8,000	28.1800	225,440
2017-03-06	OCFC	BRADY STEVEN E	15,850	28.6300	15,850	28.6300	453,786
2017-03-03	OCFC	BRADY STEVEN E	10,000	28.9700	10,000	28.9700	289,700

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 Steven E Brady as disclosed to the Securities Exchange Commission (SEC).