Mike Brooks - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Mike Brooks. 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 Mike Brooks 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 Mike Brooks. 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 RCKY / Rocky Brands, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in RCKY / Rocky Brands, 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 (%)
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 RCKY / Rocky Brands, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in RCKY / Rocky Brands, 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 (%)
2023-12-13	RCKY	BROOKS MIKE	4,000	29.2700	4,000	29.2700	117,080	328	20.3200	-35,800	-30.58
2021-05-18	RCKY	BROOKS MIKE	1,255	57.1897	1,255	57.1897	71,773
2021-05-18	RCKY	BROOKS MIKE	5,523	56.2557	5,523	56.2557	310,700
2021-05-18	RCKY	BROOKS MIKE	6,548	55.3751	6,548	55.3751	362,596
2021-05-11	RCKY	BROOKS MIKE	3,000	61.2500	3,000	61.2500	183,750
2021-05-10	RCKY	BROOKS MIKE	2,300	65.8200	2,300	65.8200	151,386
2021-05-10	RCKY	BROOKS MIKE	3,700	64.9700	3,700	64.9700	240,389
2021-05-07	RCKY	BROOKS MIKE	5,000	65.9200	5,000	65.9200	329,600
2021-05-07	RCKY	BROOKS MIKE	8,000	64.0600	8,000	64.0600	512,480
2021-05-06	RCKY	BROOKS MIKE	2,000	64.0000	2,000	64.0000	128,000
2018-08-17	RCKY	BROOKS MIKE	1,000	30.1000	1,000	30.1000	30,100
2018-08-17	RCKY	BROOKS MIKE	1,500	30.0000	1,500	30.0000	45,000
2018-08-16	RCKY	BROOKS MIKE	1,200	30.3083	1,200	30.3083	36,370
2018-08-15	RCKY	BROOKS MIKE	1,300	30.6115	1,300	30.6115	39,795
2018-08-14	RCKY	BROOKS MIKE	300	31.4667	300	31.4667	9,440
2018-08-14	RCKY	BROOKS MIKE	2,200	31.1091	2,200	31.1091	68,440
2018-08-13	RCKY	BROOKS MIKE	2,500	30.8060	2,500	30.8060	77,015

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 Mike Brooks as disclosed to the Securities Exchange Commission (SEC).