Robert H Dalrymple - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Robert H Dalrymple. 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 Robert H Dalrymple 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 Robert H Dalrymple. 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 CHMG / Chemung Financial Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CHMG / Chemung Financial Corporation. 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 (%)
2011-04-15	CHMG	DALRYMPLE ROBERT H	1,800	23.7500	1,800	23.7500	42,750	326	26	4,050	9.47
2010-04-23	CHMG	DALRYMPLE ROBERT H	811	20.2500	811	20.2500	16,423

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

Insider Sales CHMG / Chemung Financial Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CHMG / Chemung Financial Corporation. 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 (%)
2021-06-10	CHMG	DALRYMPLE ROBERT H	4,300	44.6300	4,300	44.6300	191,909	106	0.0000	-191,909	-100.00
2021-06-08	CHMG	DALRYMPLE ROBERT H	14,907	44.5000	14,907	44.5000	663,362
2021-06-07	CHMG	DALRYMPLE ROBERT H	5,551	44.9307	5,551	44.9307	249,410
2021-05-03	CHMG	DALRYMPLE ROBERT H	3,515	42.8701	3,515	42.8701	150,688
2018-08-29	CHMG	DALRYMPLE ROBERT H	1,733	42.2683	1,733	42.2683	73,251
2018-08-28	CHMG	DALRYMPLE ROBERT H	508	42.3929	508	42.3929	21,536
2018-08-27	CHMG	DALRYMPLE ROBERT H	2,000	42.6624	2,000	42.6624	85,325
2018-08-22	CHMG	DALRYMPLE ROBERT H	3,000	42.5668	3,000	42.5668	127,700
2018-08-21	CHMG	DALRYMPLE ROBERT H	2,000	42.5350	2,000	42.5350	85,070
2016-05-18	CHMG	DALRYMPLE ROBERT H	754	28.6900	754	28.6900	21,632
2015-11-23	CHMG	DALRYMPLE ROBERT H	700	27.3091	700	27.3091	19,116
2015-05-12	CHMG	DALRYMPLE ROBERT H	750	26.9000	750	26.9000	20,175
2014-09-03	CHMG	DALRYMPLE ROBERT H	16,300	28.2600	16,300	28.2600	460,638
2014-05-29	CHMG	DALRYMPLE ROBERT H	1,000	28.6007	1,000	28.6007	28,601
2014-02-28	CHMG	DALRYMPLE ROBERT H	657	29.1000	657	29.1000	19,119
2014-02-28	CHMG	DALRYMPLE ROBERT H	35	29.0000	35	29.0000	1,015
2014-02-27	CHMG	DALRYMPLE ROBERT H	500	28.9128	500	28.9128	14,456
2014-02-10	CHMG	DALRYMPLE ROBERT H	166	29.2000	166	29.2000	4,847
2014-02-10	CHMG	DALRYMPLE ROBERT H	184	29.9500	184	29.9500	5,511
2013-12-03	CHMG	DALRYMPLE ROBERT H	1,667	33.1324	1,667	33.1324	55,232
2013-12-03	CHMG	DALRYMPLE ROBERT H	3,000	33.0300	3,000	33.0300	99,090
2011-04-15	CHMG	DALRYMPLE ROBERT H	1,800	23.7500	1,800	23.7500	42,750

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 Robert H Dalrymple as disclosed to the Securities Exchange Commission (SEC).