Hercules Capital, Inc. - Corporate Bond/Note
US ˙ NYSE ˙ US4270968476

Introduction

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

Security Title Latest Reported Holdings
US:HTGC / Hercules Capital, Inc. Director 31,093
US:GUID / Guidance Software, Inc. Director 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Wade Loo. 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 HCXY / Hercules Capital, Inc. - Corporate Bond/Note - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in HCXY / Hercules Capital, Inc. - Corporate Bond/Note. 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 (%)
2025-05-08 HTGC Loo Wade 5,999 17.4900 5,999 17.4900 104,923 90 19.5200 12,178 11.61
2024-08-06 HTGC Loo Wade 5,645 18.5431 5,645 18.5431 104,676
2023-03-17 HTGC Loo Wade 4,000 11.9500 4,000 11.9500 47,800
2022-08-19 HTGC Loo Wade 24 15.6300 24 15.6300 375
2022-08-18 HTGC Loo Wade 57 15.6300 57 15.6300 891
2022-03-24 HTGC Loo Wade 75 17.8900 75 17.8900 1,342

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

HCXY / Hercules Capital, Inc. - Corporate Bond/Note Insider Trades
Insider Sales HCXY / Hercules Capital, Inc. - Corporate Bond/Note - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in HCXY / Hercules Capital, Inc. - Corporate Bond/Note. 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.

HCXY / Hercules Capital, Inc. - Corporate Bond/Note Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Wade Loo 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
2025-06-20 2025-06-18 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 5,999 31,093 23.91
2025-06-20 2025-06-18 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -5,999 4,834 -55.38
2025-06-20 2025-06-18 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 3,329 10,833 44.36 18.02 59,989 195,211
2025-05-09 2025-05-08 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 5,645 25,054 29.08
2025-05-09 2025-05-08 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -5,645 7,504 -42.93
2025-05-09 2025-05-08 4 HTGC Hercules Capital, Inc.
Common Stock
P - Purchase 5,999 13,149 83.90 17.49 104,923 229,976
2024-08-08 2024-08-06 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 1,596 19,296 9.02
2024-08-08 2024-08-06 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -1,596 7,150 -18.25
2024-08-08 2024-08-06 4 HTGC Hercules Capital, Inc.
Common Stock
P - Purchase 5,645 8,746 182.04 18.54 104,676 162,178
2023-11-27 2023-11-22 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 499 16,679 3.08 15.56 7,764 259,525
2023-11-27 2023-11-22 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 5,744 16,180 55.04
2023-11-27 2023-11-22 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 91 3,101 3.02 15.87 1,444 49,213
2023-11-27 2023-11-22 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -5,744 3,010 -65.62
2023-09-11 2023-09-08 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 5,656 8,754 182.57 15.90 89,930 139,189
2023-08-28 2023-08-25 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 296 10,436 2.92 16.45 4,869 171,672
2023-08-28 2023-08-25 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 1,667 10,140 19.67
2023-08-28 2023-08-25 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 88 3,098 2.92 16.41 1,444 50,838
2023-08-28 2023-08-25 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -1,667 3,010 -35.64
2023-05-25 2023-05-23 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 276 8,473 3.37 13.91 3,839 117,859
2023-05-25 2023-05-23 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 138 8,197 1.71
2023-05-25 2023-05-23 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 162 4,677 3.59 13.09 2,121 61,222
2023-05-25 2023-05-23 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -138 4,515 -2.97
2023-03-21 2023-03-17 4 HTGC Hercules Capital, Inc.
Common Stock
P - Purchase 4,000 8,059 98.55 11.95 47,800 96,305
2023-03-13 2023-03-09 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 121 4,059 3.07 15.31 1,853 62,143
2023-03-13 2023-03-09 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 164 3,939 4.34
2023-03-13 2023-03-09 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 139 4,653 3.08 15.32 2,129 71,284
2023-03-13 2023-03-09 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -164 4,514 -3.51
2022-11-21 2022-11-17 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 132 3,775 3.62 14.10 1,861 53,228
2022-11-21 2022-11-17 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 149 3,642 4.27
2022-11-21 2022-11-17 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 164 4,678 3.63 14.06 2,306 65,773
2022-11-21 2022-11-17 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -149 4,514 -3.20
2022-08-22 2022-08-19 4 HTGC Hercules Capital, Inc.
Common Stock
P - Purchase 24 3,493 0.69 15.63 375 54,596
2022-08-22 2022-08-18 4 HTGC Hercules Capital, Inc.
Common Stock
P - Purchase 57 3,469 1.67 15.63 891 54,220
2022-08-18 2022-08-16 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 27 3,412 0.80 15.63 422 53,330
2022-08-18 2022-08-16 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 2,170 3,385 178.60
2022-08-18 2022-08-16 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 149 4,663 3.30 15.13 2,254 70,551
2022-08-18 2022-08-16 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -2,170 4,514 -32.47
2022-08-01 2022-08-01 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 2,170 6,684 48.07 16.13 35,006 107,825
2022-06-27 2022-06-23 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 4,514 4,514 13.29 59,991 59,991
2022-06-27 2022-06-23 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 374 1,215 44.47
2022-06-27 2022-06-23 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -374 0 -100.00
2022-05-26 2022-05-24 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 28 841 3.44 13.88 389 11,673
2022-05-26 2022-05-24 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 11 374 3.03 13.88 153 5,191
2022-05-26 2022-05-24 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 813 813
2022-05-26 2022-05-24 4 HTGC Hercules Capital, Inc.
Common Stock
D - Sale to Issuer -813 363 -69.13
2022-03-24 2022-03-24 4 HTGC Hercules Capital, Inc.
Common Stock
P - Purchase 75 1,176 6.81 17.89 1,342 21,039
2022-03-18 2022-03-16 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 10 1,101 0.92 16.99 170 18,706
2021-07-06 3 HTGC Hercules Capital, Inc.
Common Stock
0
2021-07-06 2021-07-01 4 HTGC Hercules Capital, Inc.
Common Stock
A - Award 1,091 1,091 17.17 18,732 18,732
2017-09-14 2017-09-14 4 GUID Guidance Software, Inc.
Common Stock
D - Sale to Issuer -46,532 0 -100.00 7.10 -330,377
2017-05-09 2017-05-03 4 GUID Guidance Software, Inc.
Common Stock
A - Award 18,965 46,532 68.80 5.80 109,997 269,886
2016-05-13 2016-05-11 4 GUID Guidance Software, Inc.
Common Stock
A - Award 15,152 27,567 122.05 5.28 80,003 145,554
2016-03-01 2016-02-25 4 GUID Guidance Software, Inc.
Common stock
A - Award 4,966 12,415 66.67 5.37 26,667 66,669
2016-03-01 2016-02-25 4 GUID Guidance Software, Inc.
Common Stock
A - Award 7,449 7,449 5.37 40,001 40,001
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)