Robert N. Shuster is President & VP at INDEPENDENT BANK CORP /MI/ (IBCP). They have made 15 open-market trades across 1 company since 2007, most recently 2020-01-31.
CIK 0001198784
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.
7 open-market purchases totalling $84K since 2007, against 8 sales. Across 7 scored buys the stock is down 2.7% at ninety days, and 3.0 points behind the S&P over the same stretch.
7 scored purchases · one row per filing · discretionary only
| Ticker | Shares | Value |
|---|---|---|
| IBCP | 36,693 | $1.3M |
Shares reported on the most recent Form 4, priced at the 2020-02-04 close.
| 7d | 30d | 90d | |
|---|---|---|---|
| Accuracy | 0% | 0% | 0% |
| Avg Move | -4.8% | -2.7% | -2.7% |
| Alpha | +1.0% | -3.0% | -3.0% |
| Scored | 7 | 7 | 7 |
| Ticker | Type | Traded | Filed | Price | Value | 7d Stock | 30d Stock | 90d Stock |
|---|---|---|---|---|---|---|---|---|
| IBCP | SELL | 2019-11-19 | 2019-11-20 | $22.49 | $56K | -2.3% | +2.0% | -3.7% |
| IBCP | SELL | 2019-11-19 | 2019-11-20 | $22.46 | $264K | -2.3% | +2.0% | -3.7% |
| IBCP | SELL | 2019-11-18 | 2019-11-19 | $22.39 | $192K | -0.9% | +2.0% | -3.2% |
| IBCP | SELL | 2019-02-25 | 2019-02-26 | $23.25 | $244K | -0.0% | -7.6% | -6.9% |
| IBCP | SELL | 2018-04-27 | 2018-04-30 | $24.60 | $36K | +4.0% | +9.1% | +5.5% |
| IBCP | SELL | 2017-02-09 | 2017-02-09 | $20.72 | $191K | +7.1% | +1.4% | +5.3% |
| IBCP | SELL | 2015-09-10 | 2015-09-10 | $14.22 | $12K | -4.8% | -2.7% | -2.7% |
| IBCP | SELL | 2015-09-10 | 2015-09-14 | $14.11 | $59K | -4.8% | -2.7% | -2.7% |
| IBCP | BUY | 2013-08-28 | 2013-08-29 | $7.75 | $25K | -4.8% | -2.7% | -2.7% |
| IBCP | BUY | 2008-11-26 | 2008-12-19 | $2.86 | $715 | -4.8% | -2.7% | -2.7% |
| IBCP | BUY | 2008-11-20 | 2008-11-20 | $1.53 | $3K | -4.8% | -2.7% | -2.7% |
| IBCP | BUY | 2008-10-31 | 2008-10-31 | $3.44 | $7K | -4.8% | -2.7% | -2.7% |
| IBCP | BUY | 2008-05-30 | 2008-05-30 | $5.58 | $6K | -4.8% | -2.7% | -2.7% |
| IBCP | BUY | 2007-11-01 | 2007-11-02 | $9.91 | $18K | -4.8% | -2.7% | -2.7% |
| IBCP | BUY | 2007-04-26 | 2007-04-26 | $16.46 | $25K | -4.8% | -2.7% | -2.7% |
Grouped by shared companies and similar filing behaviour. This is a similarity measure, not a ranking or a performance signal.