An $8M insider trade...

Welcome to this week’s edition of CEO Watcher. This is the only tool that tracks the returns of insiders so we know which insider trades are worth copying.

This week we found:

• A capital management firm with 170% 1-year returns

• A CEO with 91% returns and a 100% win-rate

• A CEO that made a $1M purchase

👀 Top Insider Trades this Week

🥇 Shah Capital Management - Chairman at $SOL (link)

The stock has fallen from $3.20 to $3 in September and Shah Capital has been buying the dip the entire way (6 times for $2.9M).

Historic Returns and Win Rate

• Overall: 54% returns with an 38% win rate (10/26 trades)

• 1-year: 170% returns with a 67% win rate (10/15 trades)

• 90-day: 169% returns with a 60% win rate (12/20 trades)

Purchase Data (this week)

• Total Amount Purchased: $1,277,260

• Purchase Price: $2.92

• Current Price: $3.08 (+5%)

Rating

• Rating: 9

• Why: The stock is down ~40% this year, this is their 3rd largest purchase ever, and their returns are awesome. They don’t have the best win rate, but when they are right, they make huge returns.

🥈 Donald Duda - CEO at $MEI (link)

Both the CEO and a director bought the stock this week. They both actually have similar returns (very good), but I’m only including the CEO because his purchase size was much larger. This is also the CEO’s first purchase since 2018.

Historic Returns and Win Rate

• Overall: 18% returns with a 50% win rate (5/5 trades)

• 1-year: 91% returns with a 100% win rate (5/5 trades)

• 90-day: 49% returns with a 67% win rate (5/5 trades)

Purchase Data (this week)

• Total Amount Purchased: $506,636

• Purchase Price: $21.80

• Current Price: $22.85 (+5%)

Rating

• Rating: 9

• Why: Multiple insiders bought the stock, it’s the first purchase in 5 years, it’s his 2nd biggest purchase ever, his returns and win rate are super good, and the stock is down 50% this year. It’s a killer setup.

🥉 Jack Hightower - CEO at $HPK (link)

On Tuesday, April 26th, we found that he bought $800k of stock for $5.21 per share. Now, three months later, it’s at $8.21 per share (+57% returns).

Historic Returns and Win Rate

• Overall: 26% returns with a 50% win rate (2/4 trades)

• 1-year: 239% returns with a 100% win rate (1/1 trades)

• 90-day: 22% returns with a 67% win rate (2/3 trades)

Purchase Data (this week)

• Total Amount Purchased: $8,283,790

• Purchase Price: $16.57

• Current Price: $17.18 (+3.7%)

Rating

• Rating: 6

• Why: The stock is down 30% this year and the CEO made a pretty massive purchase (though it’s actually his second smallest purchase). His one-year return is killer, but only on one trade.