undamentalytics Newsletter

Mcnamara Michael: insider trades

Officer at Vicor Corp. No open-market purchases and 16 sales not made under a pre-set plan, reported from December 12, 2019 to May 12, 2026.

What happened after Mcnamara Michael’s sales?

After their sales, the shares moved −19.0% against the index over 12 months on average (a negative figure means selling was the right call); 62% trailed it.

With 296 insiders tested, some will look skilled or unskilled by chance alone: when we replaced each insider’s stocks with random companies bought on the same days, about 5.7 cleared the bar ahead and 23.3 behind. One record on its own proves little.

Trade by trade

Mcnamara Michael: trades against the S&P 500 afterwards
MeasuredTrades countedAverage vs S&P 500MedianWent the right wayYearst-statisticp-valueEvidence
Purchases, 3 months after the report 0 — — — — — — Not enough years
Purchases, 6 months after the report 0 — — — — — — Not enough years
Purchases, 12 months after the report 0 — — — — — — Not enough years
Purchases, 12 months after the trade 0 — — — — — — Not enough years
Sales, 3 months after the report 16 +0.5% −8.1% 56% 6 1.05 0.34 No reliable evidence
Sales, 12 months after the report 13 −19.0% −34.9% 62% 4 −0.16 0.88 No reliable evidence
Sales, 12 months after the trade 13 −18.9% −32.5% 62% 4 −0.11 0.92 No reliable evidence

“Average vs S&P 500” is the stock’s return including dividends minus the index’s over the same dates, from the close on the first trading day after the report, or from the close on the trade date. Only windows that have finished are counted. For sales, a negative figure means the stock lagged after it was sold, so selling was the right call (green). “Went the right way” is the share of purchases that beat the index, or of sales that trailed it. The t-statistic uses one average per year of reports, because one person’s trades bunch into the same stock and weeks, and needs trades in at least four different years; the p-value comes from the t distribution with that number of years (with four years, a t of 2 has p = 0.14). “Some evidence” means p under 5%, “strong evidence” p under 1% over at least six years.

Companies traded

CompanyTitle on the latest filingPurchasesSalesFirst reportLatest report
Vicor Corp VICR General Manager Mfg. Ops.016December 12, 2019May 12, 2026

Trades and what followed

Moves are against the S&P 500; green means the trade went the insider’s way.

ReportedTradedCompanyTradeValue3 months after report12 months after report12 months after trade
May 12, 2026May 11, 2026 VICR Sale $5,752,962 −31.8%not yetnot yet
March 18, 2026March 17, 2026 VICR Sale $1,363,562 +60.5%not yetnot yet
December 12, 2025December 11, 2025 VICR Sale $428,913 +103.2%not yetnot yet
June 20, 2023June 15, 2023 VICR Sale $563,145 +7.6%−65.5%−64.5%
November 4, 2021November 3, 2021 VICR Sale $2,332,050 −34.6%−49.8%−49.8%
November 3, 2021November 1, 2021 VICR Sale $1,517,627 −36.6%−50.7%−51.1%
October 29, 2021October 28, 2021 VICR Sale $229,727 −36.7%−51.1%−53.1%
October 27, 2021October 26, 2021 VICR Sale $2,081,634 −39.8%−53.1%−53.0%
August 6, 2021August 4, 2021 VICR Sale $1,003,075 +21.9%−34.8%−31.5%
August 4, 2021August 2, 2021 VICR Sale $55,296 +23.3%−31.7%−32.7%
March 12, 2021March 11, 2021 VICR Sale $214,135 −10.1%−35.3%−32.5%
December 17, 2020December 16, 2020 VICR Sale $195,900 −13.2%+0.8%+1.0%
December 16, 2020December 15, 2020 VICR Sale $227,500 −10.8%+5.0%+1.3%
September 17, 2020September 15, 2020 VICR Sale $648,414 +3.3%+23.9%+19.2%
September 14, 2020September 10, 2020 VICR Sale $187,286 −6.1%+19.2%+16.3%
December 12, 2019December 11, 2019 VICR Sale $99,144 +8.0%+76.3%+84.2%

Open-market purchases and sales of at least $10,000 in companies we cover, from SEC Form 4 filings; sales made under a pre-set Rule 10b5-1 plan are not shown. “Not yet” means the window has not finished or the share price was under $5 at entry. These are the shares’ moves after each trade: they say nothing about why Mcnamara Michael traded and do not suggest the use of non-public information. How every insider compares · the insider trading backtest.