Nicolet Bankshares Inc insider trading
Every open-market purchase and sale by Nicolet Bankshares Inc's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Nicolet Bankshares Inc’s insiders pay?
From May 4, 2016 to October 27, 2026, 24 insiders reported 33 open-market purchases and 153 sales not made under a pre-set plan in Nicolet Bankshares Inc. Twelve months after each purchase was reported, the shares were −1.8% against the S&P 500 on average (median +3.3%), over 30 purchases with a full year of prices; 50% beat the index. After sales, the shares moved +1.3% against the index over 12 months (a negative figure means selling was the right call). 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 June 17, 2016 into $42,014 by November 2, 2026, +14.9% a year. It held shares 78% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $31,873 (+11.8% a year), and held throughout $43,109 (+15.2%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Atwell Robert Bruce | Executive Chairman | 0 | — | — | 53 | +4.5% (48) | October 27, 2026 |
| Daniels Michael E | Chairman, President & CEO | 1 | −24.9% (1) | 0% | 19 | +1.7% (19) | November 13, 2024 |
| Witczak Eric James | EVP - Retail & Ag Banking | 1 | +15.5% (1) | 100% | 17 | −0.5% (16) | July 29, 2026 |
| Merkatoris Susan L | Director | 2 | +1.6% (2) | 50% | 13 | +14.9% (13) | April 23, 2025 |
| Hutjens Brad Vincent | EVP - CCO - Nicolet Natl Bank | 1 | −27.0% (1) | 0% | 12 | +3.0% (12) | November 27, 2024 |
| Madson Patrick Joseph | SVP-Wealth Mgmt-NicoletNatBank | 0 | — | — | 13 | −4.3% (13) | December 18, 2023 |
| Lawson Ann Kuchera | Chief Financial Officer | 0 | — | — | 8 | −9.2% (8) | January 25, 2022 |
| Moore Hubert Phillip Jr | CFO | 7 | −5.1% (6) | 50% | 0 | — | October 31, 2025 |
| Weyers Robert J | Director | 7 | +3.6% (6) | 67% | 0 | — | November 3, 2025 |
| Herlache Thomas L | Director | 0 | — | — | 6 | +3.1% (6) | May 1, 2019 |
| Vogel Michael Joseph | SVP Comm Bank-Nicolet Nat Bank | 0 | — | — | 4 | −17.0% (4) | December 11, 2019 |
| Dykema John Nicholas | Director | 3 | −17.4% (3) | 0% | 0 | — | July 25, 2022 |
| Steppe Michael Joseph | CIO - Nicolet National Bank | 0 | — | — | 3 | −4.9% (3) | February 7, 2019 |
| Ghidorzi Christopher J. | Director | 2 | −13.7% (1) | 0% | 0 | — | November 6, 2025 |
| Gilson Michael J | Director | 0 | — | — | 2 | −10.5% (2) | March 13, 2018 |
| Long Donald J Jr | Director | 0 | — | — | 2 | −26.9% (2) | November 2, 2020 |
| Murphy William D | Director | 2 | +29.8% (2) | 100% | 0 | — | August 24, 2016 |
| Radzak Eric Peter | Corp Dev Off Nicolet Nat Bank | 1 | −36.3% (1) | 0% | 1 | −17.6% (1) | May 9, 2022 |
| Campos-Duffy Rachel Francis | Director | 1 | +15.5% (1) | 100% | 0 | — | May 13, 2020 |
| Colon Hector | Director | 1 | +16.3% (1) | 100% | 0 | — | December 3, 2021 |
| Davis Lynn Dale | Director | 1 | −15.1% (1) | 0% | 0 | — | August 17, 2022 |
| Jeanquart Louis James | Director | 1 | +29.6% (1) | 100% | 0 | — | June 16, 2016 |
| Smith Oliver Pierce | Director | 1 | +14.1% (1) | 100% | 0 | — | December 15, 2021 |
| Tobias Paul Davison | Director | 1 | −29.1% (1) | 0% | 0 | — | May 3, 2022 |
When several insiders traded Nicolet Bankshares Inc
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Nicolet Bankshares 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 6 buying crowds with six months of prices, it averaged +8.7% against the index. After 10 selling crowds, −1.4%. 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 |
|---|---|---|---|---|
| November 28, 2025 | 3 buying | +23.8% | −1.8% | not yet |
| July 31, 2024 | 4 selling | −3.5% | +2.1% | +11.2% |
| November 30, 2023 | 3 selling | −4.3% | −8.5% | +19.6% |
| August 31, 2023 | 3 selling | −4.2% | −8.9% | +6.6% |
| April 28, 2023 | 2 buying | +36.0% | +22.2% | +12.9% |
| May 31, 2022 | 7 buying | −0.5% | +3.4% | −23.7% |
| March 31, 2022 | 3 selling | −6.9% | −4.5% | −25.0% |
| December 31, 2021 | 3 buying | +13.3% | +4.3% | +10.5% |
| August 31, 2021 | 2 buying | −7.9% | +27.2% | +11.5% |
| October 30, 2020 | 3 selling | −3.4% | +2.5% | −23.1% |
| April 30, 2020 | 2 buying | −9.5% | −3.1% | −1.0% |
| September 30, 2019 | 5 selling | +2.9% | −5.8% | −31.0% |