ViewRay, Inc.
US ˙ OTCPK ˙ US92672L1070

Introduction

This page provides a comprehensive analysis of the known insider trading history of Dempsey James F.. 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

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Dempsey James F. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:VRAY / ViewRay Inc. Chief Scientific Officer 779,368
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Dempsey James F.. 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 VRAYQ / ViewRay, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in VRAYQ / ViewRay, 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.

VRAYQ / ViewRay, Inc. Insider Trades
Insider Sales VRAYQ / ViewRay, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in VRAYQ / ViewRay, 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 (%)
2023-03-03 VRAY Dempsey James F. 42,000 4.1300 42,000 4.1300 173,460 144 0.0250 -172,410 -99.39
2018-03-14 VRAY Dempsey James F. 75,243 7.5722 75,243 7.5722 569,755

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

VRAYQ / ViewRay, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Dempsey James F. as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2023-03-21 2023-03-07 4 VRAY ViewRay, Inc.
Common Stock
M - Exercise 125,000 779,368 19.10 0.75 93,750 584,526
2023-03-21 2023-03-03 4 VRAY ViewRay, Inc.
Common Stock
S - Sale -42,000 654,368 -6.03 4.13 -173,460 2,702,540
2023-03-21 2023-03-03 4 VRAY ViewRay, Inc.
Common Stock
M - Exercise 42,000 696,368 6.42 0.75 31,500 522,276
2023-03-21 2023-03-02 4 VRAY ViewRay, Inc.
Common Stock
F - Taxes -39,700 654,368 -5.72 4.12 -163,564 2,695,996
2023-03-21 2023-03-01 4 VRAY ViewRay, Inc.
Common Stock
F - Taxes -14,872 694,068 -2.10 4.12 -61,273 2,859,560
2023-03-21 2023-03-01 4 VRAY ViewRay, Inc.
Common Stock
F - Taxes -19,630 708,940 -2.69 4.12 -80,876 2,920,833
2023-03-21 2023-03-01 4 VRAY ViewRay, Inc.
Common Stock
A - Award 86,405 728,570 13.46
2023-03-21 2022-10-24 4 VRAY ViewRay, Inc.
Common Stock
F - Taxes -37,681 642,165 -5.54 4.30 -162,028 2,761,310
2023-03-21 3 VRAY ViewRay, Inc.
Common Stock
679,826
2021-03-03 2021-03-02 4 VRAY ViewRay, Inc.
Common Stock
F - Taxes -38,094 697,315 -5.18 4.51 -171,804 3,144,891
2021-03-03 2021-03-01 4 VRAY ViewRay, Inc.
Performance Units
A - Award 51,525 51,525
2021-03-03 2021-03-01 4 VRAY ViewRay, Inc.
Common Stock
A - Award 104,613 735,409 16.58
2021-03-03 2021-03-01 4 VRAY ViewRay, Inc.
Common Stock
F - Taxes -6,342 630,796 -1.00 4.66 -29,554 2,939,509
2020-10-27 2020-10-24 4 VRAY ViewRay, Inc.
Common Stock
F - Taxes -38,012 637,138 -5.63 3.05 -115,937 1,943,271
2020-03-03 2020-03-02 4 VRAY ViewRay, Inc.
Common Stock
A - Award 230,496 675,150 51.84
2020-03-03 2020-03-01 4 VRAY ViewRay, Inc.
Common Stock
F - Taxes -6,319 444,654 -1.40 2.87 -18,136 1,276,157
2019-10-28 2019-10-24 4 VRAY ViewRay, Inc.
Common Stock
A - Award 230,000 450,973 104.09
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
M - Exercise X -63,257 0 -100.00
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
M - Exercise X -164,697 0 -100.00
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
M - Exercise X -51,460 0 -100.00
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Common Stock
S - Sale X -63,257 220,973 -22.26 3.57 -225,574 787,990
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Common Stock
M - Exercise X 63,257 284,230 28.63 0.70 44,280 198,961
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Common Stock
S - Sale X -164,697 220,973 -42.70 3.57 -587,310 787,990
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Common Stock
M - Exercise X 164,697 385,670 74.53 0.68 111,994 262,256
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Common Stock
S - Sale X -51,460 220,973 -18.89 3.57 -183,506 787,990
2019-09-04 2019-09-03 4 VRAY ViewRay, Inc.
Common Stock
M - Exercise X 51,460 272,433 23.29 0.68 34,993 185,254
2019-08-02 2019-08-01 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
M - Exercise X -16,469 164,697 -9.09
2019-08-02 2019-08-01 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
M - Exercise X -5,146 51,457 -9.09
2019-08-02 2019-08-01 4 VRAY ViewRay, Inc.
Common Stock
S - Sale X -16,469 220,973 -6.94 8.97 -147,791 1,982,990
2019-08-02 2019-08-01 4 VRAY ViewRay, Inc.
Common Stock
M - Exercise X 16,469 237,442 7.45 0.68 11,199 161,461
2019-08-02 2019-08-01 4 VRAY ViewRay, Inc.
Common Stock
S - Sale X -5,146 220,973 -2.28 8.98 -46,188 1,983,365
2019-08-02 2019-08-01 4 VRAY ViewRay, Inc.
Common Stock
M - Exercise X 5,146 226,119 2.33 0.68 3,499 153,761
2019-08-02 2019-07-01 4/A VRAY ViewRay, Inc.
Stock Option (right to buy)
M - Exercise X -16,469 181,166 -8.33
2019-08-02 2019-07-01 4/A VRAY ViewRay, Inc.
Stock Option (right to buy)
M - Exercise X -5,146 56,606 -8.33
2019-08-02 2019-07-01 4/A VRAY ViewRay, Inc.
Common Stock
S - Sale X -16,469 220,973 -6.94 8.64 -142,238 1,908,478
2019-08-02 2019-07-01 4/A VRAY ViewRay, Inc.
Common Stock
M - Exercise X 16,469 237,442 7.45 0.68 11,199 161,461
2019-08-02 2019-07-01 4/A VRAY ViewRay, Inc.
Common Stock
S - Sale X -5,146 220,973 -2.28 8.63 -44,431 1,907,881
2019-08-02 2019-07-01 4/A VRAY ViewRay, Inc.
Common Stock
M - Exercise X 5,146 226,119 2.33 0.68 3,499 153,761
2019-07-02 2019-07-01 4 VRAY ViewRay, Inc.
Common Stock
S - Sale X -5,146 317,498 -1.59 8.63 -44,431 2,741,278
2019-03-05 2019-03-01 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
A - Award 66,928 66,928
2019-03-05 2019-03-01 4 VRAY ViewRay, Inc.
Common Stock
A - Award 38,371 220,973 21.01
2018-04-18 2018-04-16 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
A - Award 110,000 110,000
2018-03-16 2018-03-14 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
M - Exercise -75,243 0 -100.00
2018-03-16 2018-03-14 4 VRAY ViewRay, Inc.
Common Stock
S - Sale -75,243 182,602 -29.18 7.57 -569,755 1,382,699
2018-03-16 2018-03-14 4 VRAY ViewRay, Inc.
Common Stock
M - Exercise 75,243 257,845 41.21 0.80 60,194 206,276
2017-02-23 2017-02-18 4 VRAY ViewRay, Inc.
Stock Option (right to buy)
A - Award 200,000 200,000
2016-03-30 3 VRAY ViewRay, Inc.
Common Stock
365,204
2016-03-30 3 VRAY ViewRay, Inc.
Common Stock
365,204
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)