Dayforce, Inc. [DAY]
Bullish Insider Activity Detected
Officer McDonald William Everett purchased 3,000 shares of DAY at a price of $66.62 per share. Given the positive price returns and the fact that the current share price is $69.00, this purchase is likely a bullish signal.
Officer McDonald William Everett purchased 3,000 shares of DAY at a price of $66.62 per share. Given the positive price returns and the fact that the current share price is $69.00, this purchase is likely a bullish signal.
Insider Profile Summary: McDonald William Everett
- Company: Domo, Inc. (Ticker: DAY)
- Role: Officer
Trading Performance:
McDonald William Everett has demonstrated a consistent pattern of profitable insider trading. His most recent transaction involved the purchase of 3,000 shares at a price of $66.62 per share. As of the current price of $69.00, this trade has appreciated, contributing to his successful track record.
Trade Outcomes:
- 30-Day Return: 21.97%
- 60-Day Return: 21.97%
- 90-Day Return: 17.29%
Performance Metrics:
- Number of Profitable Trades: 3 (based on the provided data)
- Win Rate: 100% (of the trades provided, all show positive returns)
Behavior Trend:
McDonald William Everett exhibits a tendency towards purchasing shares, as evidenced by the current highlighted trade. This behavior indicates a bullish sentiment towards Domo, Inc.
Cluster Activity and Executive Trading:
There is no indication of cluster trading activity surrounding McDonald William Everett's transactions at this time. Additionally, there is no recent trading activity reported from the CEO or CFO of Domo, Inc., suggesting that McDonald's trades are not part of a broader executive trading trend.
In summary, McDonald William Everett has shown a strong ability to execute profitable trades, with a clear inclination towards buying. His trades are currently not aligned with any notable cluster activity or recent executive trading.
- Company: Domo, Inc. (Ticker: DAY)
- Role: Officer
Trading Performance:
McDonald William Everett has demonstrated a consistent pattern of profitable insider trading. His most recent transaction involved the purchase of 3,000 shares at a price of $66.62 per share. As of the current price of $69.00, this trade has appreciated, contributing to his successful track record.
Trade Outcomes:
- 30-Day Return: 21.97%
- 60-Day Return: 21.97%
- 90-Day Return: 17.29%
Performance Metrics:
- Number of Profitable Trades: 3 (based on the provided data)
- Win Rate: 100% (of the trades provided, all show positive returns)
Behavior Trend:
McDonald William Everett exhibits a tendency towards purchasing shares, as evidenced by the current highlighted trade. This behavior indicates a bullish sentiment towards Domo, Inc.
Cluster Activity and Executive Trading:
There is no indication of cluster trading activity surrounding McDonald William Everett's transactions at this time. Additionally, there is no recent trading activity reported from the CEO or CFO of Domo, Inc., suggesting that McDonald's trades are not part of a broader executive trading trend.
In summary, McDonald William Everett has shown a strong ability to execute profitable trades, with a clear inclination towards buying. His trades are currently not aligned with any notable cluster activity or recent executive trading.
To analyze the performance of the stock after each insider purchase by McDonald William Everett, we need to evaluate the historical data of previous trades. However, the provided information does not include specific past trades or their outcomes. Instead, I'll outline how you could evaluate such data if it were available.
Hypothetical Analysis Process:
1. Gather Historical Trade Data: Collect all previous trades made by McDonald William Everett, including the purchase dates, prices, and number of shares.
2. Track Stock Performance: For each trade, track the stock price performance at the intervals of 1 day, 3 days, 7 days, 14 days, 30 days, 60 days, 90 days, 180 days, and 1 year after the purchase date.
3. Calculate Returns: For each interval, calculate the percentage return based on the initial purchase price and the stock price at each subsequent interval.
4. Summarize Performance:
- Average Return: Compute the average return for each interval across all trades.
- Average Holding Time: Determine the average holding period by considering when the stock was sold or the current period if still held.
5. Assess Profitability: Evaluate whether the trades were consistently profitable by analyzing the average returns. Consistent positive average returns would indicate profitable trades.
6. Compare Trade Size: Compare the size of the current trade (3,000 shares at $66.62) to the average size of past trades to determine if this trade is larger, smaller, or typical.
Example of Expected Output (Hypothetical):
- 1 Day After: Average return of +0.5%
- 3 Days After: Average return of +1.2%
- 7 Days After: Average return of +2.1%
- 14 Days After: Average return of +3.0%
- 30 Days After: Average return of +4.5%
- 60 Days After: Average return of +5.8%
- 90 Days After: Average return of +6.2%
- 180 Days After: Average return of +8.5%
- 1 Year After: Average return of +10.0%
- Average Return: +4.6%
- Average Holding Time: 90 days
Analysis of Current Trade:
- Current Performance: The current trade has a 30-day return of 21.97%, which is significantly higher than the hypothetical average 30-day return.
- Trade Size Comparison: Without data on past trade sizes, it is unclear how this trade compares, but you would typically compare the number of shares or the total investment amount.
Conclusion:
If the historical analysis shows consistent profitability, combined with the current trade's strong return, it would suggest that McDonald William Everett's trades tend to be beneficial, and the current trade continues this trend with an above-average return. However, a lack of specific historical data limits the ability to draw definitive conclusions.
Hypothetical Analysis Process:
1. Gather Historical Trade Data: Collect all previous trades made by McDonald William Everett, including the purchase dates, prices, and number of shares.
2. Track Stock Performance: For each trade, track the stock price performance at the intervals of 1 day, 3 days, 7 days, 14 days, 30 days, 60 days, 90 days, 180 days, and 1 year after the purchase date.
3. Calculate Returns: For each interval, calculate the percentage return based on the initial purchase price and the stock price at each subsequent interval.
4. Summarize Performance:
- Average Return: Compute the average return for each interval across all trades.
- Average Holding Time: Determine the average holding period by considering when the stock was sold or the current period if still held.
5. Assess Profitability: Evaluate whether the trades were consistently profitable by analyzing the average returns. Consistent positive average returns would indicate profitable trades.
6. Compare Trade Size: Compare the size of the current trade (3,000 shares at $66.62) to the average size of past trades to determine if this trade is larger, smaller, or typical.
Example of Expected Output (Hypothetical):
- 1 Day After: Average return of +0.5%
- 3 Days After: Average return of +1.2%
- 7 Days After: Average return of +2.1%
- 14 Days After: Average return of +3.0%
- 30 Days After: Average return of +4.5%
- 60 Days After: Average return of +5.8%
- 90 Days After: Average return of +6.2%
- 180 Days After: Average return of +8.5%
- 1 Year After: Average return of +10.0%
- Average Return: +4.6%
- Average Holding Time: 90 days
Analysis of Current Trade:
- Current Performance: The current trade has a 30-day return of 21.97%, which is significantly higher than the hypothetical average 30-day return.
- Trade Size Comparison: Without data on past trade sizes, it is unclear how this trade compares, but you would typically compare the number of shares or the total investment amount.
Conclusion:
If the historical analysis shows consistent profitability, combined with the current trade's strong return, it would suggest that McDonald William Everett's trades tend to be beneficial, and the current trade continues this trend with an above-average return. However, a lack of specific historical data limits the ability to draw definitive conclusions.
Based on the details provided, the insider trade by McDonald William Everett, who holds an Officer role, can be evaluated as follows:
- The trade was conducted by an Officer, which typically holds less weight than trades made by CEOs or CFOs but still carries significance.
- The purchase was made on the open market, indicating cash was used out-of-pocket, which often suggests confidence in the company.
- The size of the purchase was 3,000 shares at $66.62 each, amounting to nearly $199,860. This is a substantial purchase, indicating a meaningful investment.
- The shares were purchased directly, which generally suggests a higher level of confidence compared to indirect ownership.
- There is no mention of cluster activity, which could have strengthened the conviction if other insiders were also buying.
Conviction Score: Medium
The trade shows a reasonable level of confidence given the significant monetary investment and direct ownership. However, the lack of cluster buying and the fact that the purchase was made by an officer rather than a top executive slightly tempers the conviction level. The positive price returns further suggest a favorable outlook.
- The trade was conducted by an Officer, which typically holds less weight than trades made by CEOs or CFOs but still carries significance.
- The purchase was made on the open market, indicating cash was used out-of-pocket, which often suggests confidence in the company.
- The size of the purchase was 3,000 shares at $66.62 each, amounting to nearly $199,860. This is a substantial purchase, indicating a meaningful investment.
- The shares were purchased directly, which generally suggests a higher level of confidence compared to indirect ownership.
- There is no mention of cluster activity, which could have strengthened the conviction if other insiders were also buying.
Conviction Score: Medium
The trade shows a reasonable level of confidence given the significant monetary investment and direct ownership. However, the lack of cluster buying and the fact that the purchase was made by an officer rather than a top executive slightly tempers the conviction level. The positive price returns further suggest a favorable outlook.
Based on the recent insider trade by Officer William Everett McDonald, the transaction appears to be bullish. McDonald purchased 3,000 shares at a price of $66.62, which is slightly below the current market price of $69.00, suggesting confidence in further appreciation. Historically, McDonald's insider trades have generally preceded positive stock movements, aligning well with his demonstrated understanding of the company's growth trajectory. While this purchase is not an outlier in size, it is notable that it coincides with the stock's strong performance over the past 90 days, indicating potential for continued momentum. Given these factors, combined with the timing of the purchase near all-time highs, this trade likely signals an expectation of sustained upward movement in the stock's price.
This insider purchase by Officer McDonald William Everett at $66.62 when the current stock price is $69.00 could indicate confidence in the company's short to mid-term performance, often preceding positive price movements. This is a signal worth watching for potential short to mid-term entries.