👀 7 Insiders at DMAC Bought a Ton of Stock

This is CEO Watcher. We are tracking the trades of the CEOs with the best historic returns so we can buy their stock when they do.

This week we found:

• 7 insiders at $DMAC bought a ton of the stock

• A Director at $AXON bought $4.7M of the stock

• The CEO at $CMT with 177% overall returns bought more of the stock

🏦 Big Hedge Fund Purchases

Berkshire Hathaway buys more $OXY: On Monday, Buffett bought $122M more Occidental Petroleum ($OXY) for $57.10 per share. This increased his holdings by 1%.

Public Investment Fund buys more $LCID: Last Thursday, the Saudi Arabia sovereign wealth fund bought $1.8B more Lucid Group ($LCID) for $6.83 per share. This increased their holdings by 24%.

👀 Top Insider Trades this Week

🥇 Randall Giuffre - Director at DMAC (link)

A whole bunch of insiders (CEO, CFO, CBO, and 4 directors) all bought the stock this week while the stock is skyrocketing (+50% this month). This is their first group purchase since December when the stock was $1.40 per share (now at $4.26).

Randall was one of the directors that bought stock this week which is the 6th time he has bought the stock.

Historic Returns and Win Rate

• Overall: 34% returns with an 83% win rate (5/6 trades)

• 1-year: 33% returns with an 83% win rate (5/6 trades)

• 90-day: -7% returns with a 0% win rate (0/2 trades)

Purchase Data (this week)

• Total Amount Purchased: $254,150

• Purchase Price: $3.91

• Current Price: $4.26 (+9%)

Rating

• Rating: 8

• Why: A big group purchase with a history of successful trades is always a good find. The only thing keeping this grade from being even higher is that the stock is already up 160% this year and 50% in the last month.

🥈 Hadi Partovi - Director at AXON (link)

Hadi made their 3rd purchase of AXON since May and this one is over 2x bigger than the other two purchases.

Previous Purchases:

• 2023-05-25 - bought $2M worth of stock at $190/share

• 2023-05-17 - bought $2M worth of stock at $200/share

• 2021-12-10 - bought $10M worth of stock at $142/share

Historic Returns and Win Rate

• Overall: 34% returns with a 75% win rate (3/4 trades)

• 1-year: 33% returns with a 100% win rate (2/2 trades)

• 90-day: -7% returns with a 50% win rate (1/2 trades)

Purchase Data (this week)

• Total Amount Purchased: $4,777,388

• Purchase Price: $191.10

• Current Price: $194.87 (+2%)

Rating

• Rating: 7

• Why: Hadi has been buying up the stock between $190 and $200 since May (buying $8M total) and this most recent purchase is over 2x bigger than the previous two. The score isn’t higher because he doesn’t have enough history for us to be more confident.

🥉 David Duvall - CEO at CMT

He just made his largest purchase ever while the stock is climbing quickly (+26% in the last month).

Historic Returns and Win Rate

• Overall: 179% returns with a 100% win rate (19/19 trades)

• 1-year: 27% returns with a 53% win rate (9/17 trades)

• 90-day: 15% returns with a 63% win rate (12/19 trades)

Purchase Data (this week)

• Total Amount Purchased: $50,463

• Purchase Price: $20.19

• Current Price: $22.45 (+11%)

Rating

• Rating: 7

• Why: While not a particularly large purchase in absolute dollar amounts, it is his largest purchase and he has very good returns on his previous trades.

Carl Gordon - Director and 10% Owner at $ACET (link)

Carl bought the dip after Adicet Bio stock fell over 50% on Tuesday after getting downgraded by a bunch of analysts due to worse-than-expected trial results.

This is only his first-ever purchase of ACET, but he has made 22 previous purchases of other companies where he is a director.

Historic Returns and Win Rate

• Overall: 14% returns with a 50% win rate (11/22 trades)

• 1-year: 26% returns with a 56% win rate (10/18 trades)

• 90-day: 12% returns with a 75% win rate (15/20 trades)

Purchase Data (this week)

• Total Amount Purchased: $1,828,750

• Purchase Price: $2.09

• Current Price: $2.42 (+15%)

Rating

• Rating: 6

• Why: He doesn’t have the most impressive returns, but they are still pretty good and he bought a large amount of the stock after a huge dip.