Michael E McBryan - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael E McBryan. 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 E McBryan 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 E McBryan. 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 HCSG / Healthcare Services Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in HCSG / Healthcare Services Group, 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 HCSG / Healthcare Services Group, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in HCSG / Healthcare Services Group, 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 (%)
2020-11-12	HCSG	McBryan Michael E	15,000	23.6000	15,000	23.6000	354,000	349	18.9000	-70,500	-19.92
2017-11-03	HCSG	McBryan Michael E	21,700	53.0296	21,700	53.0296	1,150,742
2017-11-01	HCSG	McBryan Michael E	800	53.0000	800	53.0000	42,400
2017-08-04	HCSG	McBryan Michael E	3,571	51.6122	3,571	51.6122	184,307
2017-08-03	HCSG	McBryan Michael E	18,929	51.8591	18,929	51.8591	981,641
2016-11-09	HCSG	McBryan Michael E	8,600	35.5500	8,600	35.5500	305,730
2015-11-02	HCSG	McBryan Michael E	22,500	37.1700	22,500	37.1700	836,325
2015-08-05	HCSG	McBryan Michael E	7,500	35.1600	7,500	35.1600	263,700
2015-02-23	HCSG	McBryan Michael E	9,000	32.4292	9,000	32.4292	291,863
2014-11-06	HCSG	McBryan Michael E	6,600	30.7918	6,600	30.7918	203,226
2013-10-18	HCSG	McBryan Michael E	6,089	26.6389	6,089	26.6389	162,204
2012-03-13	HCSG	McBryan Michael E	1,100	20.9200	1,100	20.9200	23,012
2012-03-13	HCSG	McBryan Michael E	500	20.9300	500	20.9300	10,465
2012-03-13	HCSG	McBryan Michael E	315	20.9400	315	20.9400	6,596
2012-03-13	HCSG	McBryan Michael E	600	20.8900	600	20.8900	12,534
2012-03-13	HCSG	McBryan Michael E	300	20.8800	300	20.8800	6,264
2012-03-13	HCSG	McBryan Michael E	200	20.9000	200	20.9000	4,180
2012-03-13	HCSG	McBryan Michael E	200	20.7900	200	20.7900	4,158
2012-03-13	HCSG	McBryan Michael E	1,000	20.8000	1,000	20.8000	20,800
2012-03-12	HCSG	McBryan Michael E	300	20.4200	300	20.4200	6,126
2012-03-12	HCSG	McBryan Michael E	2,430	20.3900	2,430	20.3900	49,548
2012-03-12	HCSG	McBryan Michael E	2,100	20.4100	2,100	20.4100	42,861
2012-03-12	HCSG	McBryan Michael E	2,200	20.4400	2,200	20.4400	44,968
2012-03-12	HCSG	McBryan Michael E	1,800	20.4300	1,800	20.4300	36,774
2012-03-12	HCSG	McBryan Michael E	2,800	20.4000	2,800	20.4000	57,120
2012-03-12	HCSG	McBryan Michael E	3,400	20.3800	3,400	20.3800	69,292
2012-03-12	HCSG	McBryan Michael E	18,285	20.3700	18,285	20.3700	372,465

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 E McBryan as disclosed to the Securities Exchange Commission (SEC).