Michael Forbes - Net Worth and Insider Trading
Michael Forbes Net Worth
The estimated net worth of Michael Forbes is at least $151,011 dollars as of 2024-09-23. Michael Forbes is the Director, Senior Officer of Adastra Holdings Ltd and owns about 1,438,198 shares of Adastra Holdings Ltd (XCNQ:XTRX) stock worth over $151,011. Details can be seen in Michael Forbes's Latest Holdings Summary section.
Disclaimer: The insider information is derived from SEC filings. The estimated net worth is based on the final shares held after open market or private purchases and sales of common stock with a transaction code of "P" or "S" on Form 4, assuming that Michael Forbes has not made any transactions after 2023-10-24 and currently still holds the listed stock(s). Please note that this estimate may not reflect the actual net worth.
Transaction Summary of Michael Forbes
Michael Forbes Insider Ownership Reports
Based on ownership reports from SEC filings, as the reporting owner, Michael Forbes owns 1 companies in total, including Adastra Holdings Ltd (XCNQ:XTRX) .
Click here to see the complete history of Michael Forbes’s form 4 insider trades.
Insider Ownership Summary of Michael Forbes
| Ticker | Comapny | Transaction Date | Type of Owner |
|---|---|---|---|
| XCNQ:XTRX | Adastra Holdings Ltd | 2023-10-24 | Director & Senior Officer |
Michael Forbes Latest Holdings Summary
Michael Forbes currently owns a total of 1 stock. Michael Forbes owns 1,438,198 shares of Adastra Holdings Ltd (XCNQ:XTRX) as of October 24, 2023, with a value of $151,011.
Latest Holdings of Michael Forbes
| Ticker | Comapny | Latest Transaction Date | Shares Owned | Current Price ($) | Current Value ($) |
|---|---|---|---|---|---|
| XCNQ:XTRX | Adastra Holdings Ltd | 2023-10-24 | 1,438,198 | 0.11 | 151,011 |
Holding Weightings of Michael Forbes
Michael Forbes Form 4 Trading Tracker
According to the SEC Form 4 filings, Michael Forbes has made a total of 15 transactions in Adastra Holdings Ltd (XCNQ:XTRX) over the past 5 years, including 15 buys and 0 sells. The most-recent trade in Adastra Holdings Ltd is the acquisition of 9,000 shares on October 24, 2023, which cost Michael Forbes around $2,070.
Insider Trading History of Michael Forbes
- 1
Michael Forbes Trading Performance
GuruFocus tracks the stock performance after each of Michael Forbes's buying transactions within different timeframes. To be detailed, the average return of stocks after 3 months bought by Michael Forbes is -13.02%. GuruFocus also compares Michael Forbes's trading performance to market benchmark return within the same time period. The performance of stocks bought by Michael Forbes within 3 months outperforms 1 times out of 15 transactions in total compared to the return of S&P 500 within the same period.
You can select different timeframes to see how Michael Forbes's insider trading performs compared to the benchmark.
Performance of Michael Forbes
Average Return
Outperforming Transactions
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | |
|---|---|---|---|---|---|---|
| Return(%) | -2.12 | | | | | |
| Relative Return to S&P 500(%) | -3.22 | | | | | |
Michael Forbes Ownership Network
Michael Forbes Owned Company Details
What does Adastra Holdings Ltd do?
Who are the key executives at Adastra Holdings Ltd?
Michael Forbes is the Director & Senior Officer of Adastra Holdings Ltd. Other key executives at Adastra Holdings Ltd include Senior Officer Lachlan Clyde McLeod , and Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6) Donald Dinsmore .
Adastra Holdings Ltd (XCNQ:XTRX) Insider Trades Summary
Over the past 18 months, Michael Forbes made 9 insider transaction in Adastra Holdings Ltd (XCNQ:XTRX) with a net purchase of 150,000. Other recent insider transactions involving Adastra Holdings Ltd (XCNQ:XTRX) include a net purchase of 17,499 shares made by Lachlan Clyde McLeod ,
In summary, during the past 3 months, insiders sold 0 shares of Adastra Holdings Ltd (XCNQ:XTRX) in total and bought 0 shares, with a net sale of 0 shares. During the past 18 months, 0 shares of Adastra Holdings Ltd (XCNQ:XTRX) were sold and 167,499 shares were bought by its insiders, resulting in a net purchase of 167,499 shares.
Adastra Holdings Ltd (XCNQ:XTRX)'s detailed insider trading history can be found in Insider Trading Tracker table.
Adastra Holdings Ltd Insider Transactions
Michael Forbes Mailing Address
Above is the net worth, insider trading, and ownership report for Michael Forbes. Currently GuruFocus does not have mailing address information for Michael Forbes.
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
