Michael J Maples - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael J Maples. 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 Michael J Maples 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 Michael J Maples. 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 MGAM / Mobile Global Esports Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MGAM / Mobile Global Esports 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.

Insider Sales MGAM / Mobile Global Esports Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MGAM / Mobile Global Esports 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 (%)
2014-02-26	MGAM	MAPLES MICHAEL J	5,000	31.9923	5,000	31.9923	159,962	730
2014-02-26	MGAM	MAPLES MICHAEL J	8,100	32.1923	8,100	32.1923	260,758
2013-08-29	MGAM	MAPLES MICHAEL J	37,500	37.6600	37,500	37.6600	1,412,250
2013-03-13	MGAM	MAPLES MICHAEL J	8,000	19.5758	8,000	19.5758	156,606
2013-03-13	MGAM	MAPLES MICHAEL J	8,000	19.5758	8,000	19.5758	156,606
2013-02-05	MGAM	MAPLES MICHAEL J	30,000	17.6062	30,000	17.6062	528,186
2013-02-05	MGAM	MAPLES MICHAEL J	22,000	17.6062	22,000	17.6062	387,336
2012-09-06	MGAM	MAPLES MICHAEL J	30,000	15.5286	30,000	15.5286	465,858
2012-02-07	MGAM	MAPLES MICHAEL J	16,250	10.1400	16,250	10.1400	164,775
2012-02-06	MGAM	MAPLES MICHAEL J	10,000	10.2600	10,000	10.2600	102,600

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

Insider Purchases QTWO / Q2 Holdings, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MGAM / Mobile Global Esports 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.

Insider Sales QTWO / Q2 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 MGAM / Mobile Global Esports 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 (%)
2019-05-10	QTWO	MAPLES MICHAEL J	44,817	71.1500	44,817	71.1500	3,188,730	311	50.63	-919,644	-28.84
2018-05-24	QTWO	MAPLES MICHAEL J	8,430	57.2700	8,430	57.2700	482,786
2018-05-23	QTWO	MAPLES MICHAEL J	38,669	57.3900	38,669	57.3900	2,219,214

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

Insider Purchases SIMAW / SIM Acquisition Corp. I - Equity Warrant - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MGAM / Mobile Global Esports 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.

Insider Sales SIMAW / SIM Acquisition Corp. I - Equity Warrant - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MGAM / Mobile Global Esports 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 (%)
2015-01-23	SONC	MAPLES MICHAEL J	4,149	31.0919	4,149	31.0919	129,000	249
2015-01-22	SONC	MAPLES MICHAEL J	7,378	31.0150	7,378	31.0150	228,829
2015-01-21	SONC	MAPLES MICHAEL J	17,670	30.8913	17,670	30.8913	545,849
2014-11-19	SONC	MAPLES MICHAEL J	79,008	25.0950	79,008	25.0950	1,982,706
2014-02-26	SONC	MAPLES MICHAEL J	4,600	19.8690	4,600	19.8690	91,397
2014-02-25	SONC	MAPLES MICHAEL J	21,366	19.7220	21,366	19.7220	421,380
2013-11-21	SONC	MAPLES MICHAEL J	38,347	19.7796	38,347	19.7796	758,488

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 Michael J Maples as disclosed to the Securities Exchange Commission (SEC).