Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael B Stubbs. 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.

Companies with Reported Insider Positions

The SEC filings indicate Michael B Stubbs has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:DOV / Dover Corporation Director 276,746
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 B Stubbs. 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 Trading History

This table shows the complete list of insider trades made by Michael B Stubbs 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
2017-11-17 2017-11-15 4 DOV DOVER Corp
Common Stock
A - Award 1,402 276,746 0.51 92.70 129,965 25,654,354
2017-10-27 2017-10-26 4 DOV DOVER Corp
Common Stock
S - Sale -8,495 477,390 -1.75 96.30 -818,048 45,971,511
2017-10-25 2017-10-24 4 DOV DOVER Corp
Common Stock
S - Sale -16,505 485,885 -3.29 96.06 -1,585,526 46,675,765
2017-10-25 2017-10-23 4 DOV DOVER Corp
Common Stock
S - Sale -25,000 502,390 -4.74 95.41 -2,385,320 47,934,437
2017-08-07 2017-08-04 4 DOV DOVER Corp
Common Stock
S - Sale -25,000 527,390 -4.53 87.04 -2,175,955 45,903,076
2017-05-23 2017-05-19 4 DOV DOVER Corp
Common Stock
S - Sale -20,000 90,000 -18.18 83.22 -1,664,406 7,489,827
2017-05-23 2017-05-19 4 DOV DOVER Corp
Common Stock
S - Sale -20,000 552,390 -3.49 83.22 -1,664,400 45,969,896
2017-05-23 2017-05-16 4 DOV DOVER Corp
Common Stock
G - Gift -1,850 275,344 -0.67
2017-02-28 2017-02-27 4 DOV DOVER Corp
Common Stock
S - Sale -20,000 572,390 -3.38 80.30 -1,606,014 45,963,318
2017-01-13 2016-12-01 5 DOV DOVER Corp
Common Stock
G - Gift -350 277,194 -0.13
2016-11-17 2016-11-15 4 DOV DOVER Corp
Common Stock
A - Award 1,817 277,544 0.66 71.56 130,025 19,861,049
2016-11-14 2016-11-10 4 DOV DOVER Corp
Common Stock
S - Sale -19,000 110,000 -14.73 71.58 -1,360,020 7,873,800
2016-02-01 2016-01-21 4 DOV DOVER Corp
Common Stock
G - Gift 150,000 275,727 119.31
2016-02-01 2016-01-21 4 DOV DOVER Corp
Common Stock
G - Gift -150,000 199,488 -42.92
2016-01-13 2016-01-05 4 DOV DOVER Corp
Common Stock
G - Gift 129,000 129,000
2016-01-13 2016-01-05 4 DOV DOVER Corp
Common Stock
G - Gift -129,000 125,727 -50.64
2015-11-18 2015-11-16 4 DOV DOVER Corp
Common Stock
A - Award 1,866 254,727 0.74 64.32 120,021 16,384,041
2015-02-09 2015-02-05 4 DOV DOVER Corp
Common Stock
S - Sale -69,000 252,861 -21.44 72.73 -5,018,370 18,390,581
2015-02-09 2015-01-15 4 DOV DOVER Corp
Common Stock
G - Gift 58,400 321,861 22.17
2015-02-09 2015-01-15 4 DOV DOVER Corp
Common Stock
G - Gift -58,400 349,488 -14.32
2015-01-29 2014-12-22 5 DOV DOVER Corp
Common Stock
G - Gift -700 263,461 -0.26
2015-01-29 2014-12-19 5 DOV DOVER Corp
Common Stock
G - Gift -10,375 264,161 -3.78
2015-01-29 2014-12-16 5 DOV DOVER Corp
Common Stock
G - Gift -1,500 274,536 -0.54
2015-01-29 2014-11-19 5 DOV DOVER Corp
Common Stock
G - Gift -1,000 276,036 -0.36
2014-11-19 2014-11-17 4 DOV DOVER Corp
Common Stock
A - Award 1,484 277,036 0.54 80.87 120,011 22,403,901
2014-11-19 2014-06-17 4 DOV DOVER Corp
Common Stock
G - Gift -600 275,552 -0.22
2014-11-19 2014-05-21 4 DOV DOVER Corp
Common Stock
G - Gift -260 276,152 -0.09
2014-11-19 2014-05-16 4 DOV DOVER Corp
Common Stock
G - Gift -120 276,412 -0.04
2014-11-19 2014-04-22 4 DOV DOVER Corp
Common Stock
G - Gift -550 276,532 -0.20
2014-11-19 2014-03-26 4 DOV DOVER Corp
Common Stock
G - Gift -29,800 277,082 -9.71
2014-01-09 2013-12-20 5 DOV DOVER Corp
Common Stock
G - Gift -650 306,882 -0.21
2014-01-09 2013-12-19 5 DOV DOVER Corp
Common Stock
G - Gift -610 307,532 -0.20
2014-01-09 2013-12-09 5 DOV DOVER Corp
Common Stock
G - Gift -600 308,142 -0.19
2013-11-19 2013-11-15 4 DOV DOVER Corp
Common Stock
A - Award 1,179 308,742 0.38 93.30 110,001 28,805,629
2013-11-19 2013-10-31 4 DOV DOVER Corp
Common Stock
G - Gift -550 307,563 -0.18
2013-11-19 2013-10-30 4 DOV DOVER Corp
Common Stock
G - Gift -550 308,113 -0.18
2013-11-19 2013-10-25 4 DOV DOVER Corp
Common Stock
G - Gift -250 308,663 -0.08
2013-11-19 2013-09-24 4 DOV DOVER Corp
Common Stock
G - Gift -1,100 308,913 -0.35
2013-11-19 2013-06-21 4 DOV DOVER Corp
Common Stock
G - Gift -400 310,013 -0.13
2013-11-19 2013-06-19 4 DOV DOVER Corp
Common Stock
G - Gift -150 310,413 -0.05
2013-11-19 2013-05-03 4 DOV DOVER Corp
Common Stock
G - Gift -250 310,563 -0.08
2013-11-19 2013-03-22 4 DOV DOVER Corp
Common Stock
G - Gift 1 310,813 0.00
2013-11-19 2013-03-22 4 DOV DOVER Corp
Common Stock
G - Gift -280,787 0 -100.00
2013-02-19 2013-02-15 4 DOV DOVER Corp
Common Stock
S - Sale -5,000 407,888 -1.21 72.00 -360,000 29,367,936
2013-02-07 2013-02-05 4 DOV DOVER Corp
Common Stock
S - Sale -20,000 412,888 -4.62 70.76 -1,415,140 29,214,716
2013-02-07 2013-02-05 4 DOV DOVER Corp
Common Stock
S - Sale -20,000 432,888 -4.42 70.88 -1,417,596 30,683,015
2013-02-07 2013-02-04 4 DOV DOVER Corp
Common Stock
G - Gift -100 310,812 -0.03
2013-02-07 2013-02-01 4 DOV DOVER Corp
Common Stock
G - Gift 103,400 452,888 29.59
2013-02-07 2013-02-01 4 DOV DOVER Corp
Common Stock
G - Gift -103,400 310,912 -24.96
2012-12-21 2012-12-20 4 DOV DOVER Corp
Common Stock
G - Gift 500 1,000 100.00
2012-12-21 2012-12-20 4 DOV DOVER Corp
Common Stock
G - Gift -500 414,312 -0.12
2012-12-21 2012-12-19 4 DOV DOVER Corp
Common Stock
G - Gift -32,000 414,812 -7.16
2012-12-21 2012-12-18 4 DOV DOVER Corp
Common Stock
G - Gift -2,100 446,812 -0.47
2012-12-21 2012-12-18 4 DOV DOVER Corp
Common Stock
G - Gift 156,000 448,912 53.26
2012-12-21 2012-12-18 4 DOV DOVER Corp
Common Stock
G - Gift -156,000 592,390 -20.84
2012-12-21 2012-12-18 4 DOV DOVER Corp
Common Stock
G - Gift -2,600 292,912 -0.88
2012-12-21 2012-12-13 4 DOV DOVER Corp
Common Stock
G - Gift -94,000 295,512 -24.13
2012-11-19 2012-11-15 4 DOV DOVER Corp
Common Stock
A - Award 1,812 389,512 0.47 60.70 109,988 23,643,378
2012-11-13 2012-11-09 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 748,390 -1.32 61.36 -613,584 45,920,013
2012-11-13 2012-11-08 4 DOV DOVER Corp
Common Stock
G - Gift -200 387,700 -0.05
2012-11-08 2012-11-07 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 758,390 -1.30 60.87 -608,708 46,163,806
2012-11-06 2012-11-02 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 768,390 -1.28 59.57 -595,703 45,773,223
2012-11-06 2012-10-24 4 DOV DOVER Corp
Common Stock
G - Gift -150 387,900 -0.04
2012-11-06 2012-09-25 4 DOV DOVER Corp
Common Stock
G - Gift -50 388,050 -0.01
2012-11-06 2012-09-14 4 DOV DOVER Corp
Common Stock
G - Gift -1,500 388,100 -0.39
2012-11-06 2012-06-08 4 DOV DOVER Corp
Common Stock
G - Gift -400 389,600 -0.10
2012-04-30 2012-04-27 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 778,390 -1.27 63.26 -632,640 49,244,065
2012-04-30 2012-04-27 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 349,488 -2.78 63.23 -632,274 22,097,218
2012-04-30 2012-04-26 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 788,390 -1.25 62.26 -622,600 49,085,161
2012-04-30 2012-04-26 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 359,488 -2.71 62.26 -622,580 22,381,004
2012-04-26 2012-04-25 4 DOV DOVER Corp
Common Stock
S - Sale -5,000 798,390 -0.62 61.51 -307,528 49,105,536
2012-04-26 2012-04-25 4 DOV DOVER Corp
Common Stock
S - Sale -5,000 369,488 -1.34 61.50 -307,525 22,725,359
2012-03-29 2012-03-27 4 DOV DOVER Corp
Common Stock
G - Gift -32,000 390,000 -7.58
2012-03-29 2012-02-28 4 DOV DOVER Corp
Common Stock
G - Gift -500 422,000 -0.12
2012-03-29 2012-02-17 4 DOV DOVER Corp
Common Stock
G - Gift -150 422,500 -0.04
2012-03-29 2012-02-16 4 DOV DOVER Corp
Common Stock
G - Gift -150 422,650 -0.04
2012-02-06 2012-02-03 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 803,390 -1.23 65.78 -657,810 52,847,798
2012-02-02 2012-02-01 4 DOV DOVER Corp
Common Stock
S - Sale -10,000 813,390 -1.21 64.52 -645,226 52,482,038
2012-02-02 2012-02-01 4 DOV DOVER Corp
Common Stock
S - Sale -800 422,800 -0.19 64.00 -51,200 27,059,200
2012-02-02 2012-02-01 4 DOV DOVER Corp
Common Stock
S - Sale -163 423,600 -0.04 64.04 -10,439 27,127,344
2012-02-02 2012-02-01 4 DOV DOVER Corp
Common Stock
S - Sale -100 423,763 -0.02 64.01 -6,401 27,125,070
2012-02-02 2012-01-19 4 DOV DOVER Corp
Common Stock
G - Gift -850 423,863 -0.20
2012-02-02 2012-01-13 4 DOV DOVER Corp
Common Stock
G - Gift -500 424,713 -0.12
2012-02-02 2011-12-13 5 DOV DOVER Corp
Common Stock
G - Gift -2,000 425,213 -0.47
2011-05-12 2011-05-10 4 DOV DOVER Corp
Common Stock
S - Sale -6,000 374,488 -1.58 66.28 -397,698 24,822,188
2011-05-12 2011-05-10 4 DOV DOVER Corp
Common Stock
S - Sale -3,000 20,972 -12.51 66.31 -198,917 1,390,563
2011-05-12 2011-05-10 4 DOV DOVER Corp
Common Stock
S - Sale -6,000 823,390 -0.72 66.30 -397,824 54,594,051
2011-05-12 2011-05-10 4 DOV DOVER Corp
Common Stock
G - Gift -150 428,701 -0.03
2004-02-02 2003-12-16 5 DOV DOVER CORP
Common Stock
J - Other 50,000 50,000
2004-02-02 2003-12-16 5 DOV DOVER CORP
Common Stock
J - Other -50,000 37,002 -57.47
2004-02-02 2003-12-01 5 DOV DOVER CORP
Common Stock
G - Gift -1,900 87,002 -2.14
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)