Dale J. Visser is Director at MERCANTILE BANK CORP (MBWM). They have made 5 open-market trades across 1 company since 2007, most recently 2009-05-29.
CIK 0001208531
Unrated. We grade insiders only on stock they chose to buy on the open market. Grants, option exercises and vesting say nothing about timing, so they don't count — which is why someone can file often and still have no grade. It isn't a bad sign: unrated buys beat every graded tier below A.
5 open-market purchases totalling $452K since 2007, never a sale. Across 5 scored buys the stock is down 2.0% at ninety days, and 2.3 points behind the S&P over the same stretch.
5 scored purchases · one row per filing · discretionary only
| Ticker | Shares | Value |
|---|---|---|
| MBWM | 93,861 | $5.5M |
Shares reported on the most recent Form 4, priced at the 2009-06-02 close.
| 7d | 30d | 90d | |
|---|---|---|---|
| Accuracy | 0% | 0% | 0% |
| Avg Move | -7.3% | -2.0% | -2.0% |
| Alpha | -1.5% | -2.3% | -2.3% |
| Scored | 5 | 5 | 5 |
| Ticker | Type | Traded | Filed | Price | Value | 7d Stock | 30d Stock | 90d Stock |
|---|---|---|---|---|---|---|---|---|
| MBWM | BUY | 2009-05-29 | 2009-06-02 | $3.50 | $33K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2008-07-17 | 2008-07-17 | $5.44 | $92K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2008-01-10 | 2008-01-11 | $11.71 | $117K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2007-11-06 | 2007-11-08 | $17.59 | $106K | -7.3% | -2.0% | -2.0% |
| MBWM | BUY | 2007-07-19 | 2007-07-20 | $20.87 | $104K | -7.3% | -2.0% | -2.0% |
Grouped by shared companies and similar filing behaviour. This is a similarity measure, not a ranking or a performance signal.