Installed Building Systems, Inc. - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Installed Building Systems, Inc.. 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 Installed Building Systems, Inc. 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 Installed Building Systems, Inc.. 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 IBP / Installed Building Products, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in IBP / Installed Building Products, 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 (%)
2016-12-09	IBP	Edwards Jeffrey W.	1		1			355	77.4000
2015-11-25	IBP	Installed Building Systems, Inc.	9,877	24.3647	9,877	24.3647	240,650
2015-11-25	IBP	Installed Building Systems, Inc.	10,123	24.9085	10,123	24.9085	252,149
2015-10-30	IBP	Installed Building Systems, Inc.	49,120	21.6660	49,120	21.6660	1,064,234
2015-10-30	IBP	Installed Building Systems, Inc.	880	22.3630	880	22.3630	19,679

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

Insider Sales IBP / Installed Building Products, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in IBP / Installed Building Products, 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 (%)
2024-03-06	IBP	Edwards Jeffrey W.	11,864	234.1467	11,864	234.1467	2,777,916	362	162.2200	-853,338	-30.72
2024-03-06	IBP	Edwards Jeffrey W.	10,250	235.1002	10,250	235.1002	2,409,777
2024-03-06	IBP	Edwards Jeffrey W.	13,024	236.1067	13,024	236.1067	3,075,054
2024-03-06	IBP	Edwards Jeffrey W.	8,115	237.1129	8,115	237.1129	1,924,171
2024-03-06	IBP	Edwards Jeffrey W.	4,595	237.8359	4,595	237.8359	1,092,856
2024-03-06	IBP	Edwards Jeffrey W.	402	238.8000	402	238.8000	95,998
2024-03-05	IBP	Edwards Jeffrey W.	7,064	235.1096	7,064	235.1096	1,660,814
2024-03-05	IBP	Edwards Jeffrey W.	2,325	236.8229	2,325	236.8229	550,613
2024-03-05	IBP	Edwards Jeffrey W.	5,680	238.2765	5,680	238.2765	1,353,411
2024-03-05	IBP	Edwards Jeffrey W.	23,735	238.6889	23,735	238.6889	5,665,281
2024-03-05	IBP	Edwards Jeffrey W.	3,586	239.9842	3,586	239.9842	860,583
2024-03-05	IBP	Edwards Jeffrey W.	2,549	241.0965	2,549	241.0965	614,555
2024-03-05	IBP	Edwards Jeffrey W.	5,511	241.6955	5,511	241.6955	1,331,984
2024-03-05	IBP	Edwards Jeffrey W.	1,300	243.0575	1,300	243.0575	315,975
2023-03-09	IBP	Edwards Jeffrey W.	5,000	114.5228	5,000	114.5228	572,614
2023-03-08	IBP	Edwards Jeffrey W.	14,645	112.5288	14,645	112.5288	1,647,984
2023-03-08	IBP	Edwards Jeffrey W.	38,318	113.5263	38,318	113.5263	4,350,101
2023-03-08	IBP	Edwards Jeffrey W.	17,037	114.2645	17,037	114.2645	1,946,724
2023-03-07	IBP	Edwards Jeffrey W.	846	114.7619	846	114.7619	97,089
2023-03-07	IBP	Edwards Jeffrey W.	30,965	115.1066	30,965	115.1066	3,564,276
2023-03-07	IBP	Edwards Jeffrey W.	18,189	117.3202	18,189	117.3202	2,133,937
2020-09-10	IBP	Edwards Jeffrey W.	300,000	91.0000	300,000	91.0000	27,300,000
2020-08-14	IBP	Edwards Jeffrey W.	300,000	84.0000	300,000	84.0000	25,200,000
2020-03-10	IBP	Edwards Jeffrey W.	57,445	54.8401	57,445	54.8401	3,150,290
2020-03-10	IBP	Edwards Jeffrey W.	4,662	54.0128	4,662	54.0128	251,808
2020-03-10	IBP	Edwards Jeffrey W.	37,893	53.1514	37,893	53.1514	2,014,066
2019-03-14	IBP	Edwards Jeffrey W.	75,000	43.2402	75,000	43.2402	3,243,015
2019-03-13	IBP	Edwards Jeffrey W.	25,000	44.4475	25,000	44.4475	1,111,188
2019-03-12	IBP	Edwards Jeffrey W.	62,033	44.7838	62,033	44.7838	2,778,073
2019-03-11	IBP	Edwards Jeffrey W.	36,118	45.1472	36,118	45.1472	1,630,627
2019-03-11	IBP	Edwards Jeffrey W.	4,100	46.2173	4,100	46.2173	189,491
2019-03-08	IBP	Edwards Jeffrey W.	58,150	46.1049	58,150	46.1049	2,681,000
2019-03-08	IBP	Edwards Jeffrey W.	1,766	46.8578	1,766	46.8578	82,751
2019-03-07	IBP	Edwards Jeffrey W.	37,833	46.6761	37,833	46.6761	1,765,897
2018-08-15	IBP	Edwards Jeffrey W.	30,000	48.0442	30,000	48.0442	1,441,326
2018-08-15	IBP	Edwards Jeffrey W.	17,000	48.3695	17,000	48.3695	822,282
2018-08-14	IBP	Edwards Jeffrey W.	45,649	48.7713	45,649	48.7713	2,226,361
2018-08-10	IBP	Edwards Jeffrey W.	47,039	51.7679	47,039	51.7679	2,435,110
2018-08-09	IBP	Edwards Jeffrey W.	60,000	52.7207	60,000	52.7207	3,163,242
2017-06-14	IBP	Edwards Jeffrey W.	600,000	52.5000	600,000	52.5000	31,500,000

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 Installed Building Systems, Inc. as disclosed to the Securities Exchange Commission (SEC).