Joe B Cox - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Joe B Cox. 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 Joe B Cox 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 Joe B Cox. 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 BBGI / Beasley Broadcast Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BBGI / Beasley Broadcast Group, 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 BBGI / Beasley Broadcast Group, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BBGI / Beasley Broadcast Group, 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 (%)
2018-02-26	BBGI	COX JOE B	2,200	11.7200	110	234.4000	25,784	303	3.2500	-25,426	-98.61
2017-05-19	BBGI	COX JOE B	3,550	8.4100	178	168.2000	29,856
2017-05-04	BBGI	COX JOE B	3,900	9.2900	195	185.8000	36,231
2017-05-04	BBGI	COX JOE B	1,100	10.2200	55	204.4000	11,242
2016-02-19	BBGI	COX JOE B	5,800	3.2100	290	64.2000	18,618
2015-03-10	BBGI	COX JOE B	3,647	5.0400	182	100.8000	18,381
2014-02-13	BBGI	COX JOE B	2,500	8.8000	125	176.0000	22,000
2014-02-11	BBGI	COX JOE B	2,500	9.0100	125	180.2000	22,525
2014-02-04	BBGI	COX JOE B	2,000	9.1000	100	182.0000	18,200
2014-02-03	BBGI	COX JOE B	2,000	9.1100	100	182.2000	18,220
2013-12-13	BBGI	COX JOE B	2,000	7.9400	100	158.8000	15,880
2013-12-12	BBGI	COX JOE B	1,500	7.8800	75	157.6000	11,820
2013-09-13	BBGI	COX JOE B	2,000	7.3400	100	146.8000	14,680
2013-09-12	BBGI	COX JOE B	2,000	7.8400	100	156.8000	15,680
2013-09-11	BBGI	COX JOE B	1,000	8.0800	50	161.6000	8,080
2013-09-10	BBGI	COX JOE B	1,000	8.7600	50	175.2000	8,760
2013-09-03	BBGI	COX JOE B	1,000	7.6200	50	152.4000	7,620
2013-08-21	BBGI	COX JOE B	1,000	7.2100	50	144.2000	7,210
2013-08-13	BBGI	COX JOE B	1,000	7.5600	50	151.2000	7,560
2013-08-12	BBGI	COX JOE B	1,000	7.6800	50	153.6000	7,680
2013-08-02	BBGI	COX JOE B	4,000	8.0000	200	160.0000	32,000

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 Joe B Cox as disclosed to the Securities Exchange Commission (SEC).