QCR Holdings, Inc.
US ˙ NasdaqGM ˙ US74727A1043

Introduction

This page provides a comprehensive analysis of the known insider trading history of Shellee R Showalter. 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

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

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Companies with Reported Insider Positions

The SEC filings indicate Shellee R Showalter has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:QCRH / QCR Holdings, Inc. Sr VP Director of Finance 4,174
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Shellee R Showalter. 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 QCRH / QCR Holdings, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in QCRH / QCR Holdings, 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 (%)
2012-12-31 QCRH SHOWALTER SHELLEE R 44 11.7900 44 11.7900 519 730
2012-12-31 QCRH SHOWALTER SHELLEE R 30 13.2240 30 13.2240 392
2012-09-30 QCRH SHOWALTER SHELLEE R 37 11.7900 37 11.7900 436
2012-09-30 QCRH SHOWALTER SHELLEE R 22 14.9800 22 14.9800 332
2012-07-09 QCRH SHOWALTER SHELLEE R 8 13.7500 8 13.7500 111
2012-06-30 QCRH SHOWALTER SHELLEE R 63 8.1900 63 8.1900 516
2012-06-30 QCRH SHOWALTER SHELLEE R 6 13.1000 6 13.1000 74
2012-03-31 QCRH SHOWALTER SHELLEE R 120 8.1900 120 8.1900 983
2012-03-31 QCRH SHOWALTER SHELLEE R 64 12.2000 64 12.2000 783
2012-01-12 QCRH SHOWALTER SHELLEE R 12 9.0800 12 9.0800 110
2011-12-31 QCRH SHOWALTER SHELLEE R 63 9.1000 63 9.1000 573
2011-12-31 QCRH SHOWALTER SHELLEE R 9 9.1000 9 9.1000 80
2011-12-31 QCRH SHOWALTER SHELLEE R 63 9.1000 63 9.1000 573
2011-12-31 QCRH SHOWALTER SHELLEE R 9 9.1000 9 9.1000 80
2011-09-30 QCRH SHOWALTER SHELLEE R 71 7.8930 71 7.8930 560
2011-09-30 QCRH SHOWALTER SHELLEE R 6 8.7700 6 8.7700 55
2011-09-30 QCRH SHOWALTER SHELLEE R 71 7.8930 71 7.8930 560
2011-09-30 QCRH SHOWALTER SHELLEE R 6 8.7700 6 8.7700 55
2011-07-12 QCRH SHOWALTER SHELLEE R 12 9.0000 12 9.0000 109
2011-07-12 QCRH SHOWALTER SHELLEE R 12 9.0000 12 9.0000 109
2011-06-30 QCRH SHOWALTER SHELLEE R 69 6.4200 69 6.4200 443
2011-06-30 QCRH SHOWALTER SHELLEE R 7 8.9200 7 8.9200 59
2011-06-30 QCRH SHOWALTER SHELLEE R 69 6.4200 69 6.4200 443
2011-06-30 QCRH SHOWALTER SHELLEE R 7 8.9200 7 8.9200 59
2011-03-31 QCRH SHOWALTER SHELLEE R 160 8.4000 160 8.4000 1,344
2011-03-31 QCRH SHOWALTER SHELLEE R 40 8.4000 40 8.4000 333
2011-03-31 QCRH SHOWALTER SHELLEE R 160 8.4000 160 8.4000 1,344
2011-03-31 QCRH SHOWALTER SHELLEE R 40 8.4000 40 8.4000 333
2011-01-13 QCRH SHOWALTER SHELLEE R 13 8.2600 13 8.2600 108
2011-01-13 QCRH SHOWALTER SHELLEE R 13 8.2600 13 8.2600 108

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

QCRH / QCR Holdings, Inc. Insider Trades
Insider Sales QCRH / QCR Holdings, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in QCRH / QCR Holdings, 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.

QCRH / QCR Holdings, Inc. Insider Trades
Insider Trading History

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

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2013-02-14 2012-12-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 30 4,174 0.72 13.22 392 55,201
2013-02-14 2012-12-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 44 4,837 0.92 11.79 519 57,026
2013-02-14 2012-09-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase -22 4,145 -0.53 14.98 -332 62,087
2013-02-14 2012-09-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 37 4,793 0.78 11.79 436 56,507
2013-02-14 2012-07-09 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 8 4,756 0.17 13.75 111 65,392
2013-02-14 2012-06-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase -6 4,167 -0.14 13.10 -74 54,585
2013-02-14 2012-06-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 63 4,748 1.34 8.19 516 38,884
2013-02-14 2012-03-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase -64 4,173 -1.52 12.20 -783 50,905
2013-02-14 2012-03-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 120 4,671 2.64 8.19 983 38,253
2013-02-14 2012-01-12 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 12 4,551 0.27 9.08 110 41,320
2013-02-04 2013-02-01 4 QCRH QCR HOLDINGS INC
Non-Qualified Stock Option (right to buy) 		A - Award 1,000 1,000 15.65 15,650 15,650
2012-06-06 2012-06-04 4 QCRH QCR HOLDINGS INC
Non-Qualified Stock Option (right to buy) 		M - Exercise -113 0 -100.00
2012-06-06 2012-06-04 4 QCRH QCR HOLDINGS INC
Common Stock 		F - Taxes -99 4,553 -2.13 12.10 -1,198 55,087
2012-06-06 2012-06-04 4 QCRH QCR HOLDINGS INC
Common Stock 		M - Exercise 113 4,652 2.49 9.87 1,115 45,911
2012-02-14 2011-12-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 9 4,237 0.21 9.10 80 38,554
2012-02-14 2011-12-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 63 4,539 1.41 9.10 573 41,301
2012-02-14 2011-09-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase -6 4,228 -0.15 8.77 -55 37,079
2012-02-14 2011-09-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 71 4,476 1.61 7.89 560 35,326
2012-02-14 2011-07-12 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 12 4,405 0.28 9.00 109 39,641
2012-02-14 2011-06-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 7 4,234 0.16 8.92 59 37,770
2012-02-14 2011-06-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 69 4,392 1.60 6.42 443 28,200
2012-02-14 2011-03-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase -40 4,228 -0.93 8.40 -333 35,512
2012-02-14 2011-03-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 160 4,300 3.86 8.40 1,344 36,124
2012-02-14 2011-01-13 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 13 4,140 0.32 8.26 108 34,200
2012-02-14 2011-12-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 9 4,237 0.21 9.10 80 38,554
2012-02-14 2011-12-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 63 4,539 1.41 9.10 573 41,301
2012-02-14 2011-09-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase -6 4,228 -0.15 8.77 -55 37,079
2012-02-14 2011-09-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 71 4,476 1.61 7.89 560 35,326
2012-02-14 2011-07-12 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 12 4,405 0.28 9.00 109 39,641
2012-02-14 2011-06-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 7 4,234 0.16 8.92 59 37,770
2012-02-14 2011-06-30 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 69 4,392 1.60 6.42 443 28,200
2012-02-14 2011-03-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase -40 4,228 -0.93 8.40 -333 35,512
2012-02-14 2011-03-31 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 160 4,300 3.86 8.40 1,344 36,124
2012-02-14 2011-01-13 5 QCRH QCR HOLDINGS INC
Common Stock 		P - Purchase 13 4,140 0.32 8.26 108 34,200
2012-02-03 2012-02-01 4 QCRH QCR HOLDINGS INC
Non-Qualified Stock Option (right to buy) 		A - Award 500 500 9.30 4,650 4,650
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)