Christopher D Myers - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Christopher D Myers. 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 Christopher D Myers 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 Christopher D Myers. 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 CVBF / CVB Financial Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CVBF / CVB Financial Corp.. 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 CVBF / CVB Financial Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CVBF / CVB Financial Corp.. 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 (%)
2019-10-28	CVBF	Myers Christopher D	16,500	21.1570	16,500	21.1570	349,090	136	15.1400	-99,280	-28.44
2019-10-28	CVBF	Myers Christopher D	16,500	21.1570	16,500	21.1570	349,090
2019-07-31	CVBF	Myers Christopher D	4,600	22.0379	4,600	22.0379	101,374
2019-05-06	CVBF	Myers Christopher D	50,000	22.0547	50,000	22.0547	1,102,735
2019-05-03	CVBF	Myers Christopher D	16,000	21.9580	16,000	21.9580	351,328
2019-05-03	CVBF	Myers Christopher D	13,320	21.7000	13,320	21.7000	289,044
2019-05-02	CVBF	Myers Christopher D	4,957	21.7010	4,957	21.7010	107,572
2019-05-01	CVBF	Myers Christopher D	53,000	21.7070	53,000	21.7070	1,150,471
2019-04-30	CVBF	Myers Christopher D	44,618	21.7011	44,618	21.7011	968,260
2019-04-29	CVBF	Myers Christopher D	24,000	21.7923	24,000	21.7923	523,015
2018-03-09	CVBF	Myers Christopher D	30,948	24.0710	30,948	24.0710	744,949
2018-03-08	CVBF	Myers Christopher D	20,000	23.8520	20,000	23.8520	477,040
2017-02-14	CVBF	Myers Christopher D	50,000	23.3240	50,000	23.3240	1,166,200
2017-02-02	CVBF	Myers Christopher D	50,000	22.1400	50,000	22.1400	1,107,000
2017-01-26	CVBF	Myers Christopher D	5,100	23.2520	5,100	23.2520	118,585
2017-01-26	CVBF	Myers Christopher D	19,900	23.1320	19,900	23.1320	460,327
2017-01-24	CVBF	Myers Christopher D	25,000	23.2080	25,000	23.2080	580,200
2016-11-22	CVBF	Myers Christopher D	25,000	21.3590	25,000	21.3590	533,975
2016-11-17	CVBF	Myers Christopher D	25,000	21.0330	25,000	21.0330	525,825
2016-11-10	CVBF	Myers Christopher D	25,000	19.2740	25,000	19.2740	481,850
2016-08-30	CVBF	Myers Christopher D	25,000	17.7590	25,000	17.7590	443,975
2016-08-15	CVBF	Myers Christopher D	25,000	17.0830	25,000	17.0830	427,075
2016-08-10	CVBF	Myers Christopher D	25,000	17.0000	25,000	17.0000	425,000
2015-02-13	CVBF	Myers Christopher D	55,000	15.8493	55,000	15.8493	871,712
2015-02-12	CVBF	Myers Christopher D	4,600	15.8000	4,600	15.8000	72,680
2015-02-06	CVBF	Myers Christopher D	30,400	15.9062	30,400	15.9062	483,548
2014-03-05	CVBF	Myers Christopher D	50,000	16.0421	50,000	16.0421	802,105
2014-02-24	CVBF	Myers Christopher D	15,000	14.8433	15,000	14.8433	222,650
2014-02-24	CVBF	Myers Christopher D	35,000	14.9714	35,000	14.9714	523,999
2013-05-28	CVBF	Myers Christopher D	20,000	11.6534	20,000	11.6534	233,068
2013-03-13	CVBF	Myers Christopher D	14,000	11.0336	14,000	11.0336	154,470
2012-09-07	CVBF	Myers Christopher D	25,000	12.4235	25,000	12.4235	310,588

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 Christopher D Myers as disclosed to the Securities Exchange Commission (SEC).