Dury Michael R. - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Dury Michael R.. 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 Dury Michael R. 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 Dury Michael R.. 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 MBINN / Merchants Bancorp - Preferred Stock - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MBINN / Merchants Bancorp - Preferred Stock. 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 (%)
2025-07-30	MBIN	Dury Michael R.	11,765	31.4500	11,765	31.4500	370,009	23	33.2900	21,648	5.85
2025-07-30	MBIN	Dury Michael R.	4,235	31.8600	4,235	31.8600	134,927
2025-05-01	MBIN	Dury Michael R.	3,305	30.8600	3,305	30.8600	101,992
2025-04-30	MBIN	Dury Michael R.	1,920	29.8900	1,920	29.8900	57,389
2025-04-30	MBIN	Dury Michael R.	3,280	30.3700	3,280	30.3700	99,614
2024-11-21	MBIN	Dury Michael R.	2,700	39.2100	2,700	39.2100	105,867
2024-08-05	MBIN	Dury Michael R.	3,300	38.4800	3,300	38.4800	126,984
2024-08-05	MBIN	Dury Michael R.	1,900	39.1100	1,900	39.1100	74,309
2024-07-31	MBIN	Dury Michael R.	1,600	44.2300	1,600	44.2300	70,768
2024-07-31	MBIN	Dury Michael R.	4,400	45.0400	4,400	45.0400	198,176
2023-11-02	MBIN	Dury Michael R.	14,000	18.2600	14,000	18.2600	255,640
2022-12-15	MBIN	Dury Michael R.	9,500	24.6200	9,500	24.6200	233,890
2022-09-22	MBIN	Dury Michael R.	4,000	25.0000	4,000	25.0000	100,000
2022-05-13	MBIN	Dury Michael R.	4,500	23.2600	4,500	23.2600	104,670
2019-09-12	MBIN	Dury Michael R.	1,514	16.5957	2,271	11.0638	25,126
2019-09-11	MBIN	Dury Michael R.	10,486	16.7300	15,729	11.1533	175,431

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

Insider Sales MBINN / Merchants Bancorp - Preferred Stock - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MBINN / Merchants Bancorp - Preferred Stock. 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 (%)
2020-01-02	MBIN	Dury Michael R.	2,500	19.6956	3,750	13.1304	49,239	104	13	-489	-0.99

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 Dury Michael R. as disclosed to the Securities Exchange Commission (SEC).