Charles R Morrison - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Charles R Morrison. 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 Charles R Morrison 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 Charles R Morrison. 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 RAVE / Rave Restaurant Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in RAVE / Rave Restaurant 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 (%)
2009-09-30	PZZI	Morrison Charles R	5,000	1.6800	5,000	1.6800	8,400	730	3.38	8,500	101.19

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

Insider Sales RAVE / Rave Restaurant 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 RAVE / Rave Restaurant 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 (%)
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 Purchases WING / Wingstop Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in RAVE / Rave Restaurant 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 WING / Wingstop Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in RAVE / Rave Restaurant 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 (%)
2022-03-07	WING	Morrison Charles R	160	136.2173	160	136.2173	21,795	78	69.0500	-10,746	-49.31
2022-03-07	WING	Morrison Charles R	599	136.2502	599	136.2502	81,614
2022-03-07	WING	Morrison Charles R	241	137.3161	241	137.3161	33,093
2021-12-07	WING	Morrison Charles R	9,833	165.4988	9,833	165.4988	1,627,350
2021-12-07	WING	Morrison Charles R	6,964	166.4097	6,964	166.4097	1,158,877
2021-12-07	WING	Morrison Charles R	3,203	167.4052	3,203	167.4052	536,199
2021-07-30	WING	Morrison Charles R	16,459	171.0914	16,459	171.0914	2,815,993
2021-07-30	WING	Morrison Charles R	7,901	172.0768	7,901	172.0768	1,359,579
2021-07-30	WING	Morrison Charles R	3,798	173.1050	3,798	173.1050	657,453
2021-07-30	WING	Morrison Charles R	1,153	174.3222	1,153	174.3222	200,993
2021-07-30	WING	Morrison Charles R	400	175.1500	400	175.1500	70,060
2021-07-30	WING	Morrison Charles R	100	176.2000	100	176.2000	17,620
2021-05-11	WING	Morrison Charles R	500	137.0260	500	137.0260	68,513
2021-05-10	WING	Morrison Charles R	1,200	143.1796	1,200	143.1796	171,816
2021-05-10	WING	Morrison Charles R	3,300	142.4186	3,300	142.4186	469,981
2021-05-10	WING	Morrison Charles R	900	141.1222	900	141.1222	127,010
2021-05-10	WING	Morrison Charles R	1,100	140.2217	1,100	140.2217	154,244
2021-05-07	WING	Morrison Charles R	3,000	151.5965	3,000	151.5965	454,790
2021-03-08	WING	Morrison Charles R	39	119.1565	39	119.1565	4,647
2021-03-08	WING	Morrison Charles R	958	120.5525	958	120.5525	115,489
2021-02-22	WING	Morrison Charles R	1,571	133.2620	1,571	133.2620	209,355
2020-08-12	WING	Morrison Charles R	58,972	152.1900	58,972	152.1900	8,974,949
2020-08-12	WING	Morrison Charles R	9,822	153.5300	9,822	153.5300	1,507,972
2020-08-12	WING	Morrison Charles R	7,756	154.7700	7,756	154.7700	1,200,396
2020-08-12	WING	Morrison Charles R	3,266	155.1900	3,266	155.1900	506,851
2020-05-14	WING	Morrison Charles R	6,837	120.9800	6,837	120.9800	827,140
2020-05-14	WING	Morrison Charles R	7,163	121.9200	7,163	121.9200	873,313
2020-05-14	WING	Morrison Charles R	1,000	122.7000	1,000	122.7000	122,700
2019-11-05	WING	Morrison Charles R	13,253	75.6430	13,253	75.6430	1,002,497
2019-11-05	WING	Morrison Charles R	6,747	76.1226	6,747	76.1226	513,599
2019-08-30	WING	Morrison Charles R	1,100	101.0647	1,100	101.0647	111,171
2018-08-08	WING	Morrison Charles R	17,000	60.1282	17,000	60.1282	1,022,179
2018-05-17	WING	Morrison Charles R	10,000	51.8300	10,000	51.8300	518,300
2018-02-01	WING	Morrison Charles R	1,476	48.1300	1,476	48.1300	71,040
2017-08-21	WING	Morrison Charles R	24,400	34.7069	24,400	34.7069	846,848
2017-08-18	WING	Morrison Charles R	600	35.0017	600	35.0017	21,001
2016-03-14	WING	Morrison Charles R	47,150	22.8600	47,150	22.8600	1,077,849

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 Charles R Morrison as disclosed to the Securities Exchange Commission (SEC).