Michael O'connell - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael O'connell. 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 O'connell 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 O'connell. 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 RCMT / RCM Technologies, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in RCMT / RCM Technologies, 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 (%)
2020-06-02	RCMT	Vizi Bradley	850,000	1.2000	850,000	1.2000	1,020,000	254	6.1000	4,165,000	408.33
2019-03-14	RCMT	Vizi Bradley	637,000	3.9200	637,000	3.9200	2,497,040
2015-12-14	RCMT	IRS Partners No. 19, L.P.	100	5.5200	100	5.5200	552
2015-12-11	RCMT	IRS Partners No. 19, L.P.	63,590	5.4200	63,590	5.4200	344,658
2015-08-20	RCMT	IRS Partners No. 19, L.P.	437,600	4.7600	437,600	4.7600	2,082,976
2015-05-28	RCMT	Vizi Bradley	112,500	5.5500	112,500	5.5500	624,375
2015-05-28	RCMT	Vizi Bradley	87,500	5.5500	87,500	5.5500	485,625
2013-03-19	RCMT	O'CONNELL MICHAEL	21,365	5.7130	21,365	5.7130	122,058
2013-03-15	RCMT	O'CONNELL MICHAEL	19,200	5.6580	19,200	5.6580	108,634
2013-03-11	RCMT	O'CONNELL MICHAEL	4,142	5.6500	4,142	5.6500	23,402
2013-03-08	RCMT	O'CONNELL MICHAEL	14,000	5.6602	14,000	5.6602	79,243
2013-03-07	RCMT	O'CONNELL MICHAEL	30,420	5.6000	30,420	5.6000	170,352
2013-03-06	RCMT	O'CONNELL MICHAEL	6,000	5.6400	6,000	5.6400	33,840
2013-03-05	RCMT	O'CONNELL MICHAEL	17,816	5.6500	17,816	5.6500	100,660
2013-01-31	RCMT	O'CONNELL MICHAEL	62,500	5.4959	62,500	5.4959	343,494
2012-11-16	RCMT	O'CONNELL MICHAEL	21,100	5.5500	21,100	5.5500	117,105
2012-11-15	RCMT	O'CONNELL MICHAEL	9,382	5.5100	9,382	5.5100	51,695
2012-11-14	RCMT	O'CONNELL MICHAEL	26,600	5.5600	26,600	5.5600	147,896
2012-10-01	RCMT	O'CONNELL MICHAEL	9,100	5.5200	9,100	5.5200	50,232
2012-09-27	RCMT	O'CONNELL MICHAEL	7,620	5.5000	7,620	5.5000	41,910
2012-09-27	RCMT	O'CONNELL MICHAEL	4,500	5.4900	4,500	5.4900	24,705
2012-08-07	RCMT	O'CONNELL MICHAEL	17,900	5.5900	17,900	5.5900	100,061
2012-08-06	RCMT	O'CONNELL MICHAEL	1,500	5.5300	1,500	5.5300	8,295
2012-08-03	RCMT	O'CONNELL MICHAEL	2,500	5.5700	2,500	5.5700	13,925

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

Insider Sales RCMT / RCM Technologies, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in RCMT / RCM Technologies, 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 (%)
2020-06-02	RCMT	Vizi Bradley	2,692,065	1.2000	2,692,065	1.2000	3,230,478	125	1.2600	161,524	5.00
2020-06-02	RCMT	Vizi Bradley	266,074	1.2000	266,074	1.2000	319,289

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 O'connell as disclosed to the Securities Exchange Commission (SEC).