Rocket Companies, Inc. insider trading
Every open-market purchase and sale by Rocket Companies, 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 Rocket Companies, Inc.’s insiders pay?
From March 31, 2021 to June 26, 2024, 6 insiders reported 138 open-market purchases and 4 sales not made under a pre-set plan in Rocket Companies, Inc. Twelve months after each purchase was reported, the shares were +5.0% against the S&P 500 on average (median +1.5%), over 138 purchases with a full year of prices; 56% beat the index. After sales, the shares moved −31.3% 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 March 31, 2022 into $16,006 by November 2, 2026, +10.8% a year. It held shares 65% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $14,087 (+7.8% a year), and held throughout $17,790 (+13.4%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Farner Jay | Chief Executive Officer | 76 | +2.0% (76) | 49% | 0 | — | December 16, 2022 |
| Rizik Matthew | Director | 62 | +8.6% (62) | 65% | 0 | — | June 26, 2024 |
| Gilbert Daniel B | Director | 0 | — | — | 1 | −61.1% (1) | March 31, 2021 |
| Gilbert Jennifer L. | Director | 0 | — | — | 1 | −61.1% (1) | March 31, 2021 |
| Mariner Jonathan D | Director | 0 | — | — | 1 | +58.1% (1) | August 28, 2023 |
| Rock Holdings Inc. | Director | 0 | — | — | 1 | −61.1% (1) | March 31, 2021 |
When several insiders traded Rocket Companies, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Rocket Companies, 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 −7.7% against the index. After 1 selling crowd, −40.3%. 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 |
|---|---|---|---|---|
| June 30, 2022 | 2 buying | −8.7% | −7.7% | +2.3% |
| April 30, 2021 | 3 selling | −28.6% | −40.3% | −57.6% |