Steven M Burdick - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Steven M Burdick. 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 M Burdick 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 M Burdick. 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 TTEK / Tetra Tech, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in TTEK / Tetra Tech, 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 TTEK / Tetra Tech, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in TTEK / Tetra Tech, 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 (%)
2024-09-11	TTEK	BURDICK STEVEN M	36,830	46.5700	36,830	46.5700	1,715,173	209	28.0100	-683,565	-39.85
2024-02-22	TTEK	BURDICK STEVEN M	7,515	175.6700	37,575	35.1340	1,320,160
2024-02-05	TTEK	BURDICK STEVEN M	7,128	165.0087	35,640	33.0017	1,176,182
2023-02-06	TTEK	BURDICK STEVEN M	10,515	151.1758	52,575	30.2352	1,589,614
2021-12-08	TTEK	BURDICK STEVEN M	16,132	188.7310	80,660	37.7462	3,044,608
2021-12-03	TTEK	BURDICK STEVEN M	2,790	185.1781	13,950	37.0356	516,647
2021-02-03	TTEK	BURDICK STEVEN M	10,801	129.4546	54,005	25.8909	1,398,239
2020-11-18	TTEK	BURDICK STEVEN M	19,798	123.4059	98,990	24.6812	2,443,190
2020-08-05	TTEK	BURDICK STEVEN M	17,622	91.3783	88,110	18.2757	1,610,268
2020-02-10	TTEK	BURDICK STEVEN M	16,229	95.2722	81,145	19.0544	1,546,173
2020-02-06	TTEK	BURDICK STEVEN M	23,143	92.4046	115,715	18.4809	2,138,520
2019-11-25	TTEK	BURDICK STEVEN M	16,000	87.4254	80,000	17.4851	1,398,806
2019-08-19	TTEK	BURDICK STEVEN M	27,500	81.1800	137,500	16.2360	2,232,450
2018-03-13	TTEK	BURDICK STEVEN M	16,750	51.6664	83,750	10.3333	865,412
2017-05-23	TTEK	BURDICK STEVEN M	16,750	44.8682	83,750	8.9736	751,542
2016-07-11	TTEK	BURDICK STEVEN M	16,750	31.2321	83,750	6.2464	523,138
2015-07-13	TTEK	BURDICK STEVEN M	16,750	25.5000	83,750	5.1000	427,125
2014-08-21	TTEK	BURDICK STEVEN M	16,750	25.7455	83,750	5.1491	431,237
2014-02-12	TTEK	BURDICK STEVEN M	25,000	28.7042	125,000	5.7408	717,605

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 M Burdick as disclosed to the Securities Exchange Commission (SEC).