Adam Chibib - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Adam Chibib. 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 Adam Chibib 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 Adam Chibib. 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 MGAM / Mobile Global Esports Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MGAM / Mobile Global Esports 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 MGAM / Mobile Global Esports Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MGAM / Mobile Global Esports 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 (%)
2013-12-11	MGAM	CHIBIB ADAM	528	29.3600	528	29.3600	15,502	730
2013-10-01	MGAM	CHIBIB ADAM	13,243	34.7379	13,243	34.7379	460,034
2013-09-30	MGAM	CHIBIB ADAM	13,980	34.2146	13,980	34.2146	478,320
2013-09-30	MGAM	CHIBIB ADAM	17,777	34.5989	17,777	34.5989	615,065
2013-09-10	MGAM	CHIBIB ADAM	5,000	38.5950	5,000	38.5950	192,975
2013-03-11	MGAM	CHIBIB ADAM	30,000	19.7528	30,000	19.7528	592,584
2013-03-05	MGAM	CHIBIB ADAM	20,000	19.0268	20,000	19.0268	380,536
2013-02-27	MGAM	CHIBIB ADAM	18,800	18.5556	18,800	18.5556	348,845
2013-02-19	MGAM	CHIBIB ADAM	31,200	18.1719	31,200	18.1719	566,963
2012-08-27	MGAM	CHIBIB ADAM	16,454	15.6590	16,454	15.6590	257,653
2012-08-24	MGAM	CHIBIB ADAM	100	15.5700	100	15.5700	1,557
2012-08-23	MGAM	CHIBIB ADAM	19,546	15.5597	19,546	15.5597	304,130
2012-08-22	MGAM	CHIBIB ADAM	13,900	15.8942	13,900	15.8942	220,929
2012-07-02	MGAM	CHIBIB ADAM	24,329	14.1158	24,329	14.1158	343,423
2012-06-29	MGAM	CHIBIB ADAM	14,683	14.0008	14,683	14.0008	205,574
2012-06-19	MGAM	CHIBIB ADAM	10,988	14.0426	10,988	14.0426	154,300
2012-05-08	MGAM	CHIBIB ADAM	50,000	12.9288	50,000	12.9288	646,440

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 Adam Chibib as disclosed to the Securities Exchange Commission (SEC).