Michael D. Burneal

Michael D. Burneal appears in our data through filings on Financial Institutions Inc shares, published by SEC (Form 4). We count 3 filings; the first trade dates from 20 November 2017 and the latest from 1 August 2018.

On the market, this insider has only ever bought: 3 purchases, €31k in total. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. In 2018 alone, the filings show 1 purchase and no sales.

Half of the purchases are above €14k and half below. 3 out of 3 purchases came within 30 days of a purchase by at least one other insider of the same company. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. After 3 purchases with a full 90-day history, the hit rate stands at 0% and the median 90-day move at -2.0%. Past outcomes like these are no guarantee of what comes next.

The newest entry dates from 2 August 2018: an open-market purchase of €14k, in Financial Institutions Inc. Typically, a trade is published a median of 2 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.