Malibu Boats, Inc. insider trading
Every open-market purchase and sale by Malibu Boats, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Malibu Boats, Inc.’s insiders pay?
From May 9, 2014 to May 7, 2024, 15 insiders reported 6 open-market purchases and 49 sales not made under a pre-set plan in Malibu Boats, Inc. Twelve months after each purchase was reported, the shares were +52.0% against the S&P 500 on average (median +31.4%), over 6 purchases with a full year of prices; 50% beat the index. After sales, the shares moved −9.0% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on September 18, 2017 into $47,407 by November 2, 2026, +18.6% a year. It held shares 45% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $29,294 (+12.5% a year), and held throughout $34,769 (+14.7%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Anderson Ritchie L. | Chief Operating Officer | 0 | — | — | 13 | −7.7% (13) | November 9, 2023 |
| Springer Jackie D. JR. | Chief Executive Officer | 1 | +155.9% (1) | 100% | 7 | −7.9% (7) | June 9, 2023 |
| Wilson Wayne R. | Chief Financial Officer | 1 | +155.9% (1) | 100% | 6 | −6.3% (6) | June 1, 2022 |
| Lanigan Mark W. | Director | 1 | −22.5% (1) | 0% | 5 | −10.0% (5) | May 7, 2024 |
| Hooks Michael K. | Executive Chair | 1 | −40.1% (1) | 0% | 4 | −4.3% (4) | February 23, 2024 |
| Kent Deborah S. | VP Human Resources | 0 | — | — | 3 | −0.5% (3) | February 11, 2019 |
| Murphy Peter E | Director | 2 | +31.4% (2) | 50% | 1 | +22.0% (1) | June 16, 2022 |
| Black Canyon Capital LLC | Director | 0 | — | — | 2 | −24.7% (2) | May 27, 2015 |
| Estes Phillip S. | Director | 0 | — | — | 2 | −40.4% (2) | September 18, 2018 |
| Black Canyon Investments LLC | Director | 0 | — | — | 1 | −15.4% (1) | May 9, 2014 |
| Black Canyon Investments, L.P. | Director | 0 | — | — | 1 | −1.1% (1) | July 15, 2014 |
| Black David Scott | Interim CFO | 0 | — | — | 1 | −41.0% (1) | November 9, 2023 |
| Canyon Value Realization Master Fund, L.P. | Director | 0 | — | — | 1 | −1.1% (1) | July 15, 2014 |
| Gasper Dan L. | VP Product Design | 0 | — | — | 1 | +30.9% (1) | February 20, 2018 |
| St Clair William Paxson Jr | President of Cobalt Boats, LLC | 0 | — | — | 1 | −45.8% (1) | September 12, 2018 |
When several insiders traded Malibu Boats, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Malibu Boats, Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 1 buying crowd with six months of prices, it averaged +36.8% against the index. After 6 selling crowds, −6.5%. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| February 26, 2021 | 3 selling | −6.4% | −14.6% | −24.0% |
| June 30, 2020 | 3 selling | −15.8% | −1.6% | +0.3% |
| March 31, 2020 | 2 buying | +60.3% | +36.8% | +120.5% |
| September 28, 2018 | 5 selling | −22.9% | −25.9% | −46.8% |
| December 29, 2017 | 4 selling | +12.0% | +43.3% | +21.7% |
| May 29, 2015 | 6 selling | −11.4% | −25.5% | −35.7% |
| May 30, 2014 | 4 selling | −1.9% | −14.9% | −5.0% |