CEO with 57% returns buys stock...

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 10% owner with 76% returns that bought $448k of stock

• A director with 60% one-month returns

• A CEO with 57% 6-month returns

Have a great weekend and thanks for reading!

Connor

📢 Announcement

(If you came from the Yellowbrick Road announcement today, then you’ve already seen this).

I recently finished MASSIVELY upgrading my code for CEO Watcher (it now includes returns for sells, more trade data including the percent change in holdings after a trade and median v weighted returns, and more) and am turning it into a premium, daily email.

However, for the next couple of weeks, I’m sending that premium, daily email to ALL subscribers of the CEO Watcher newsletter for free.

You don’t have to do anything. For the next few weeks, all subscribers of CEO Watcher will get the daily emails.

I’ve been testing the daily newsletter with a few CEO Watcher readers for the last week and a half and already found:

• On Nov 30, the Executive Chairman at $STRR bought the stock for the 3rd time. The two previous purchases had average 1 month returns of 35%. Just 4 days later, the stock was up 20%.

• On Nov 30, a Director at $SYM sold $3.6M of the stock. Of the last 13 sells they made, the stock went down over the next month for 12 of them with an average loss of 20%. The stock is already down 12%.

• On Dec 6, a Director at $BKKT sold $385k of the stock. Of their 18 sells, 16 of them have negative 1 month returns with an average loss of almost 30%. In just two days, the stock is already down 7%.

👀 Top Insider Trades this Week

🥇 10% Owner at CVD EQUIPMENT CORP ($CVV)

The 10% Owner purchased 96,210 shares at $4.66/share ($448K total) which increased their holdings by 9.8%. (trade link)

Historic Returns and Win Rate

• 1-month: 7% returns with an 80% win rate (4/5 trades)

• 3-month: 76% returns with an 80% win rate (4/5 trades)

• 6-month: 31% returns with an 80% win rate (4/5 trades)

• 1-year: -2% returns with an 33% win rate (1/3 trades)

Purchase Data (this week)

• Total Amount Purchased: $448,338

• Purchase Price: $4.66

• Current Price: $5 (+7%)

Rating

• Rating: 8

• Why: A sizable purchase (both in absolute value and the fact it increased their holdings by 10%) with really good 3 and 6-month win rates.

🥈 Director at Generation Bio Co. ($GBIO)

The Director made his 3rd purchase ever and purchased 100,000 shares at $1.44/share ($144K total) which increased their holdings by 88.0%. (trade link)

Historic Returns and Win Rate

• 1-month: 60% returns with a 100% win rate (2/2 trades)

• 3-month: 17% returns with a 100% win rate (2/2 trades)

• 6-month: 9% returns with a 50% win rate (1/2 trades)

• 1-year: -48% returns with a 0% win rate (0/2 trades)

Purchase Data (this week)

• Total Amount Purchased: $144,000

• Purchase Price: $1.44

• Current Price: $1.77 (+23%)

Rating

• Rating: 7

• Why: The lack of trade history and the stock already being up 23% since the purchase hold the score down, but it’s a sizable purchase and his last two trades have killer short-term returns.

🥉 President and CEO at CHARLES & COLVARD LTD ($CTHR)

The President and CEO purchased 60,986 shares at $0.44/share ($26,833.84 total). (trade link)

Historic Returns and Win Rate

• 1-month: 3% returns with a 73% win rate (8/11 trades)

• 3-month: 31% returns with a 64% win rate (7/11 trades)

• 6-month: 57% returns with a 73% win rate (8/11 trades)

• 1-year: 17% returns with a 55% win rate (6/11 trades)

Purchase Data (this week)

• Total Amount Purchased: $26,833.84

• Purchase Price: $0.44

• Current Price: $0.42 (-4.5%)

Rating

• Rating: 7

• Why: The purchase size is small and the company is tiny ($12M market cap), but it is the CEO making the purchase in his self-directed 401k and he has really good 3 and 6-month returns.