Daktronics, Inc.
US ˙ NasdaqGS ˙ US2342641097

Introduction

This page provides a comprehensive analysis of the known insider trading history of Nancy D Frame. 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 Nancy D Frame has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:DAKT / Daktronics, Inc. Director 79,544
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Nancy D Frame. 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 DAKT / Daktronics, Inc. - Short Term Profit Analysis

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

DAKT / Daktronics, Inc. Insider Trades
Insider Sales DAKT / Daktronics, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in DAKT / Daktronics, 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 (%)
2017-06-09 DAKT FRAME NANCY D 3,525 9.8432 3,525 9.8432 34,697 357 7.9500 -6,673 -19.23
2015-06-12 DAKT FRAME NANCY D 400 11.1600 400 11.1600 4,464
2015-06-12 DAKT FRAME NANCY D 800 11.1700 800 11.1700 8,936
2015-06-12 DAKT FRAME NANCY D 100 11.1800 100 11.1800 1,118
2015-06-12 DAKT FRAME NANCY D 800 11.1900 800 11.1900 8,952
2015-06-12 DAKT FRAME NANCY D 300 11.2000 300 11.2000 3,360
2015-06-12 DAKT FRAME NANCY D 2,100 11.2100 2,100 11.2100 23,541
2015-06-12 DAKT FRAME NANCY D 1,000 11.2200 1,000 11.2200 11,220
2015-06-12 DAKT FRAME NANCY D 1,500 11.2300 1,500 11.2300 16,845
2015-06-12 DAKT FRAME NANCY D 300 11.2350 300 11.2350 3,370
2015-06-12 DAKT FRAME NANCY D 700 11.2400 700 11.2400 7,868
2015-06-12 DAKT FRAME NANCY D 1,100 11.2550 1,100 11.2550 12,380
2015-06-12 DAKT FRAME NANCY D 200 11.2600 200 11.2600 2,252
2015-06-12 DAKT FRAME NANCY D 300 11.2700 300 11.2700 3,381
2015-06-12 DAKT FRAME NANCY D 500 11.2800 500 11.2800 5,640
2015-06-12 DAKT FRAME NANCY D 1,000 11.2900 1,000 11.2900 11,290
2015-06-12 DAKT FRAME NANCY D 300 11.3000 300 11.3000 3,390
2015-06-12 DAKT FRAME NANCY D 200 11.3100 200 11.3100 2,262
2015-06-12 DAKT FRAME NANCY D 400 11.3200 400 11.3200 4,528
2014-12-30 DAKT FRAME NANCY D 864 12.5100 864 12.5100 10,809
2014-12-30 DAKT FRAME NANCY D 100 12.5400 100 12.5400 1,254
2014-12-30 DAKT FRAME NANCY D 36 12.5000 36 12.5000 450
2013-12-06 DAKT FRAME NANCY D 3,200 15.7200 3,200 15.7200 50,304
2013-12-06 DAKT FRAME NANCY D 1,700 15.7220 1,700 15.7220 26,727
2013-12-06 DAKT FRAME NANCY D 1,000 15.7250 1,000 15.7250 15,725
2013-12-06 DAKT FRAME NANCY D 100 15.7300 100 15.7300 1,573

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

DAKT / Daktronics, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Nancy D Frame 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
2019-09-06 2019-09-05 4 DAKT DAKTRONICS INC /SD/
Common Stock
A - Award 7,697 79,544 10.71
2018-09-10 2018-09-06 4 DAKT DAKTRONICS INC /SD/
Common Stock
A - Award 7,151 71,847 11.05
2017-09-01 2017-08-31 4 DAKT DAKTRONICS INC /SD/
Common Stock
A - Award 5,815 64,696 9.88
2017-06-12 2017-06-09 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -3,525 58,881 -5.65 9.84 -34,697 579,577
2017-06-12 2013-12-06 5 DAKT DAKTRONICS INC /SD/
Non-Qualified Stock Option
M - Exercise -6,000 0 -100.00 8.84 -53,040
2017-06-12 2013-12-06 5 DAKT DAKTRONICS INC /SD/
Common Stock
M - Exercise 6,000 62,406 10.64 8.84 53,040 551,669
2016-09-02 2016-09-01 4 DAKT DAKTRONICS INC /SD/
Non-Qualified Stock Option
A - Award 8,305 8,305
2016-09-02 2016-09-01 4 DAKT DAKTRONICS INC /SD/
Common Stock
A - Award 3,134 56,406 5.88
2015-09-08 2015-09-03 4 DAKT DAKTRONICS INC /SD/
Non-Qualified Stock Option
A - Award 9,191 9,191
2015-09-08 2015-09-03 4 DAKT DAKTRONICS INC /SD/
Common Stock
A - Award 3,525 53,272 7.09
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -400 49,747 -0.80 11.32 -4,528 563,136
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -200 50,147 -0.40 11.31 -2,262 567,163
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -300 50,347 -0.59 11.30 -3,390 568,921
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -1,000 50,647 -1.94 11.29 -11,290 571,805
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -500 51,647 -0.96 11.28 -5,640 582,578
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -300 52,147 -0.57 11.27 -3,381 587,697
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -200 52,447 -0.38 11.26 -2,252 590,553
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -1,100 52,647 -2.05 11.26 -12,380 592,542
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -700 53,747 -1.29 11.24 -7,868 604,116
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -300 54,447 -0.55 11.24 -3,370 611,712
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -1,500 54,747 -2.67 11.23 -16,845 614,809
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -1,000 56,247 -1.75 11.22 -11,220 631,091
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -2,100 57,247 -3.54 11.21 -23,541 641,739
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -300 59,347 -0.50 11.20 -3,360 664,686
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -800 59,647 -1.32 11.19 -8,952 667,450
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -100 60,447 -0.17 11.18 -1,118 675,797
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -800 60,547 -1.30 11.17 -8,936 676,310
2015-06-15 2015-06-12 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -400 61,347 -0.65 11.16 -4,464 684,633
2015-01-02 2014-12-30 4 DAKT DAKTRONICS INC /SD/
Non-Qualified Stock Option
M - Exercise -1,000 11,162 -8.22
2015-01-02 2014-12-30 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -36 61,747 -0.06 12.50 -450 771,838
2015-01-02 2014-12-30 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -100 61,783 -0.16 12.54 -1,254 774,759
2015-01-02 2014-12-30 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -864 61,883 -1.38 12.51 -10,809 774,156
2015-01-02 2014-12-30 4 DAKT DAKTRONICS INC /SD/
Common Stock
M - Exercise 1,000 62,747 1.62 8.84 8,840 554,683
2014-09-08 2014-09-04 4 DAKT DAKTRONICS INC /SD/
Non-Qualified Stock Option
A - Award 5,102 5,102
2014-09-08 2014-09-04 4 DAKT DAKTRONICS INC /SD/
Common Stock
A - Award 2,253 61,747 3.79
2013-12-09 2013-12-06 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -100 59,494 -0.17 15.73 -1,573 935,841
2013-12-09 2013-12-06 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -1,000 59,594 -1.65 15.72 -15,725 937,116
2013-12-09 2013-12-06 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -1,700 60,594 -2.73 15.72 -26,727 952,659
2013-12-09 2013-12-06 4 DAKT DAKTRONICS INC /SD/
Common Stock
S - Sale -3,200 62,294 -4.89 15.72 -50,304 979,262
2013-08-26 2013-08-22 4 DAKT DAKTRONICS INC /SD/
Non-Qualified Stock Option
A - Award 5,330 5,330
2013-08-26 2013-08-22 4 DAKT DAKTRONICS INC /SD/
Common Stock
A - Award 2,714 65,494 4.32
2012-08-27 2012-08-23 4 DAKT DAKTRONICS INC /SD/
Non-Qualified Stock Option
A - Award 13,636 13,636
2012-08-27 2012-08-23 4 DAKT DAKTRONICS INC /SD/
Common Stock
A - Award 2,103 62,780 3.47
2008-02-28 2008-02-26 4 DAKT DAKTRONICS INC /SD/
Non-Qualified Stock Option
M - Exercise -12,000 12,000 -50.00
2008-02-28 2008-02-26 4 DAKT DAKTRONICS INC /SD/
Common Stock
M - Exercise 12,000 55,000 27.91 5.24 62,850 288,062
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)