Michael P. Daly

Michael P. Daly is a declared insider of Beacon Financial Corp, with filings sourced from SEC (Form 4). The record holds 120 filings, for trades running from 30 January 2003 to 20 June 2018.

On the open market, the record shows 7 purchases worth €306k and 46 sales worth €1.3M. On balance, insiders were net sellers of €992k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Other entries cover 44 share grants and 4 option exercises.

A typical purchase (the median) is worth €5,246. Looking at 5 purchases old enough to measure, the stock rose over the following 90 days in 80% of cases; the median change was +2.2%. They describe history only and say nothing certain about the share price ahead.

On 24 August 2018 came the latest disclosure, a share grant in Beacon Financial Corp. The clock since the last published purchase (28 July 2014) now reads 4,486 days. Typically, a trade is published a median of 2 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.