Michael Rice - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael Rice. 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 Rice 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 Rice. 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 BLFS / BioLife Solutions, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BLFS / BioLife Solutions, 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 (%)
2014-05-14	BLFS	Rice Michael	8,000	2.5600	8,000	2.5600	20,480	71	2.85	2,320	11.33
2014-05-13	BLFS	Rice Michael	12,767	2.2600	12,767	2.2600	28,853

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

Insider Sales BLFS / BioLife Solutions, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BLFS / BioLife Solutions, 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 (%)
2023-05-15	BLFS	Rice Michael	190	18.7100	190	18.7100	3,555	168	8.9900	-1,846	-51.94
2023-04-06	BLFS	Rice Michael	3,214	20.0300	3,214	20.0300	64,376
2023-03-29	BLFS	Rice Michael	936	20.6200	936	20.6200	19,300
2023-03-07	BLFS	Rice Michael	549	22.9500	549	22.9500	12,600
2023-03-01	BLFS	Rice Michael	4,290	22.7500	4,290	22.7500	97,598
2023-02-09	BLFS	Rice Michael	144	24.6000	144	24.6000	3,542
2022-12-28	BLFS	Rice Michael	898	16.9000	898	16.9000	15,176
2022-11-29	BLFS	Rice Michael	931	19.9300	931	19.9300	18,555
2022-11-10	BLFS	Rice Michael	164	23.1600	164	23.1600	3,798
2022-09-29	BLFS	Rice Michael	830	23.0200	830	23.0200	19,107
2022-08-31	BLFS	Rice Michael	906	23.4400	906	23.4400	21,237
2022-08-10	BLFS	Rice Michael	171	23.1700	171	23.1700	3,962
2022-06-28	BLFS	Rice Michael	889	14.8600	889	14.8600	13,211
2022-05-27	BLFS	Rice Michael	749	14.5300	749	14.5300	10,883
2022-05-13	BLFS	Rice Michael	165	12.3200	165	12.3200	2,033
2022-04-18	BLFS	Rice Michael	24,400	17.5900	24,400	17.5900	429,196
2022-03-29	BLFS	Rice Michael	830	22.2400	830	22.2400	18,459
2022-03-01	BLFS	Rice Michael	874	23.7800	874	23.7800	20,784
2022-02-10	BLFS	Rice Michael	690	29.3800	690	29.3800	20,272
2021-12-29	BLFS	Rice Michael	928	39.3700	928	39.3700	36,535
2021-11-30	BLFS	Rice Michael	957	37.5900	957	37.5900	35,974
2021-10-14	BLFS	Rice Michael	3,215	39.9700	3,215	39.9700	128,504
2021-09-28	BLFS	Rice Michael	907	43.1200	907	43.1200	39,110
2021-08-26	BLFS	Rice Michael	848	57.2600	848	57.2600	48,556
2021-06-29	BLFS	Rice Michael	902	43.7500	902	43.7500	39,462
2021-05-28	BLFS	Rice Michael	802	33.8700	802	33.8700	27,164
2021-04-01	BLFS	Rice Michael	10,149	36.5300	10,149	36.5300	370,743
2021-03-26	BLFS	Rice Michael	3,809	35.0100	3,809	35.0100	133,353
2021-02-26	BLFS	Rice Michael	861	39.5700	861	39.5700	34,070
2021-02-19	BLFS	Rice Michael	10,107	40.7600	10,107	40.7600	411,961
2021-02-18	BLFS	Rice Michael	10,132	40.6700	10,132	40.6700	412,068
2021-02-17	BLFS	Rice Michael	9,917	41.5500	9,917	41.5500	412,051
2020-12-01	BLFS	Rice Michael	813	35.4900	813	35.4900	28,853
2020-11-16	BLFS	Rice Michael	11,461	31.2000	11,461	31.2000	357,583
2020-11-13	BLFS	Rice Michael	11,461	31.8100	11,461	31.8100	364,574
2020-11-12	BLFS	Rice Michael	11,461	32.3800	11,461	32.3800	371,107
2020-09-29	BLFS	Rice Michael	4,690	28.6300	4,690	28.6300	134,275
2020-08-26	BLFS	Rice Michael	877	20.4800	877	20.4800	17,961
2020-05-28	BLFS	Rice Michael	516	16.8700	516	16.8700	8,705
2020-02-26	BLFS	Rice Michael	2,190	15.0200	2,190	15.0200	32,894

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

Insider Purchases VINC / Vincerx Pharma, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BLFS / BioLife Solutions, 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 VINC / Vincerx Pharma, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BLFS / BioLife Solutions, 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 Trading History

This table shows the complete list of insider trades made by Michael Rice as disclosed to the Securities Exchange Commission (SEC).