Carl Benjamin Brink - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Carl Benjamin Brink. 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 Carl Benjamin Brink 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 Carl Benjamin Brink. 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 CSV / Carriage Services, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CSV / Carriage Services, 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 (%)
2022-12-14	CSV	Brink Carl Benjamin	4,000	25.8500	4,000	25.8500	103,400	71	35.4600	38,440	37.18
2020-06-09	CSV	Brink Carl Benjamin	1,000	20.0100	1,000	20.0100	20,010
2020-05-29	CSV	Brink Carl Benjamin	1,850	18.3300	1,850	18.3300	33,910
2020-05-29	CSV	Brink Carl Benjamin	150	18.3300	150	18.3300	2,750
2019-09-13	CSV	Brink Carl Benjamin	350	22.7700	350	22.7700	7,970
2019-09-13	CSV	Brink Carl Benjamin	1,975	22.7700	1,975	22.7700	44,971
2018-11-08	CSV	Brink Carl Benjamin	1,000	17.0500	1,000	17.0500	17,050
2018-11-07	CSV	Brink Carl Benjamin	3,500	15.7900	3,500	15.7900	55,265
2018-08-03	CSV	Brink Carl Benjamin	1,000	23.6900	1,000	23.6900	23,690
2017-05-04	CSV	Brink Carl Benjamin	1,000	26.9900	1,000	26.9900	26,990
2016-06-01	CSV	Brink Carl Benjamin	1,200	23.5400	1,200	23.5400	28,248
2015-08-06	CSV	Brink Carl Benjamin	1,000	23.0000	1,000	23.0000	23,000

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

Insider Sales CSV / Carriage Services, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CSV / Carriage Services, 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 (%)
2021-12-03	CSV	Brink Carl Benjamin	2,000	52.8400	2,000	52.8400	105,680	328	23.4000	-58,880	-55.72
2021-02-14	CSV	Brink Carl Benjamin	394	36.5800	394	36.5800	14,413
2020-02-14	CSV	Brink Carl Benjamin	394	24.5500	394	24.5500	9,673
2019-09-13	CSV	Brink Carl Benjamin	935	22.7800	935	22.7800	21,299
2019-09-13	CSV	Brink Carl Benjamin	935	22.7800	935	22.7800	21,299
2019-09-13	CSV	Brink Carl Benjamin	100	22.7800	100	22.7800	2,278
2019-09-13	CSV	Brink Carl Benjamin	79	22.7800	79	22.7800	1,800
2019-09-13	CSV	Brink Carl Benjamin	2,146	22.7700	2,146	22.7700	48,864
2019-02-14	CSV	Brink Carl Benjamin	395	19.1300	395	19.1300	7,556

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 Carl Benjamin Brink as disclosed to the Securities Exchange Commission (SEC).