Cavco Industries, Inc.
US ˙ NasdaqGS ˙ US1495681074

Introduction

This page provides a comprehensive analysis of the known insider trading history of Mickey R Dragash. 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 Mickey R Dragash has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:CVCO / Cavco Industries, Inc. EVP, General Counsel 2,796
US:KNX / Knight-Swift Transportation Holdings Inc. See Remarks 1,648
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Mickey R Dragash. 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 CVCO / Cavco Industries, Inc. - Short Term Profit Analysis

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

CVCO / Cavco Industries, Inc. Insider Trades
Insider Sales CVCO / Cavco Industries, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CVCO / Cavco Industries, 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 (%)
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.

CVCO / Cavco Industries, Inc. Insider Trades
Insider Purchases KNX / Knight-Swift Transportation Holdings Inc. - Short Term Profit Analysis

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

KNX / Knight-Swift Transportation Holdings Inc. Insider Trades
Insider Sales KNX / Knight-Swift Transportation Holdings Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CVCO / Cavco Industries, 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 (%)
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.

KNX / Knight-Swift Transportation Holdings Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Mickey R Dragash 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
2023-05-26 2023-05-25 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
F - Taxes -75 2,796 -2.61 270.81 -20,311 757,185
2023-05-26 2023-05-24 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
F - Taxes -54 2,871 -1.85 277.51 -14,986 796,731
2023-05-17 2023-05-15 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
F - Taxes -199 2,925 -6.37 295.00 -58,705 862,875
2023-05-17 2023-05-15 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
A - Award 713 3,124 29.57
2023-05-17 2023-05-15 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
A - Award 500 2,411 26.16
2022-06-03 2022-06-01 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
A - Award 536 1,911 38.98
2022-05-26 2022-05-25 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
A - Award 840 1,375 157.01
2022-05-26 2022-05-24 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
F - Taxes -65 535 -10.83 196.63 -12,781 105,197
2021-05-26 2021-05-24 4 CVCO CAVCO INDUSTRIES INC.
Common Stock
A - Award 600 600
2020-05-27 2020-05-20 4 CVCO CAVCO INDUSTRIES INC.
Non-Qualified Stock Option (Right to Buy)
A - Award 1,900 1,900
2019-06-25 2019-06-21 4 CVCO CAVCO INDUSTRIES INC.
Performance Based Restricted Stock Units
A - Award 250 250
2019-06-25 2019-06-21 4 CVCO CAVCO INDUSTRIES INC.
Non-Qualified Stock Option (Right to Buy)
A - Award 2,300 2,300
2019-02-08 2019-02-06 4 CVCO CAVCO INDUSTRIES INC.
Non-Qualified Stock Option (Right to Buy)
A - Award 1,000 1,000
2017-09-12 2017-09-08 4 KNX Knight-Swift Transportation Holdings Inc.
Class A Common Stock
D - Sale to Issuer -6,664 1,648 -80.17
2017-09-12 2017-09-08 4 KNX Knight-Swift Transportation Holdings Inc.
Class A Common Stock
F - Taxes -1,119 8,312 -11.87 40.85 -45,711 339,545
2017-09-12 2017-09-08 4 KNX Knight-Swift Transportation Holdings Inc.
Class A Common Stock
A - Award 3,447 9,431 57.60 40.85 140,810 385,256
2017-09-12 2017-09-08 4 KNX Knight-Swift Transportation Holdings Inc.
Class A Common Stock
F - Taxes -230 5,984 -3.70 40.85 -9,396 244,446
2017-09-12 2017-09-08 4 KNX Knight-Swift Transportation Holdings Inc.
Class A Common Stock
F - Taxes -769 6,214 -11.01 40.85 -31,414 253,842
2017-09-12 2017-09-08 4 KNX Knight-Swift Transportation Holdings Inc.
Class A Common Stock
F - Taxes -1,411 6,983 -16.81 40.85 -57,639 285,256
2017-05-31 2017-05-26 4 SWFT SWIFT TRANSPORTATION Co
Class A Common Stock, Restricted Stock Unit
A - Award 10,237 11,659 719.90 23.81 243,743 277,601
2017-05-26 2017-05-24 4 SWFT SWIFT TRANSPORTATION Co
Class A Common Stock
F - Taxes -538 1,422 -27.45 23.99 -12,907 34,114
2016-11-10 2016-11-09 4 SWFT SWIFT TRANSPORTATION Co
Class A Common Stock
F - Taxes -1,059 1,960 -35.08 23.75 -25,151 46,550
2016-05-26 2016-05-24 4 SWFT SWIFT TRANSPORTATION Co
Employee Stock Option (Right-to-buy)
A - Award 10,256 10,256
2016-05-26 2016-05-24 4 SWFT SWIFT TRANSPORTATION Co
Class A Common Stock, Restricted Stock Unit
A - Award 4,932 13,989 54.46 15.51 76,495 216,969
2015-11-12 2015-11-09 4 SWFT SWIFT TRANSPORTATION Co
Class A Common Stock, Restricted Stock Unit
A - Award 9,057 9,057 16.56 149,984 149,984
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)