Top insider trades (Fri, Dec 15)

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Today we found:

• CEO at $OABI bought $1M of the stock

• 10% Owner at $PLSE has made 10 purchases in the last two weeks

• Chairman Emeritus at Best Buy sold $3.63M

Hope you have a great weekend!

Connor

Top Purchases

The top purchases made by insiders yesterday. Remember, returns and win rates are calculated using the previous purchase trades by the insider.

Chief Executive Officer at OmniAb, Inc. ($OABI)

The Chief Executive Officer purchased 200,000 shares at $5.05/share ($1.01M total) which increased their holdings by 8.2%. The current price is $5.42 (+7.3%). (trade link)

Historic Returns
1m returns: 18% weighted | 2% median | 57% win rate (12/21)
3m returns: 28% weighted | 15% median | 65% win rate (13/20)
6m returns: 20% weighted | 14% median | 65% win rate (13/20)
1y returns: 63% weighted | 58% median | 68% win rate (13/19)

10% Owner at Pulse Biosciences, Inc. ($PLSE)

The 10% Owner purchased 90,118 shares at $9.36/share ($844K total) which increased their holdings by 0.2%. The current price is $10.09 (+7.8%). (trade link)

Historic Returns
1m returns: 22% weighted | 17% median | 88% win rate (14/16)
3m returns: 28% weighted | 13% median | 75% win rate (12/16)
6m returns: -13% weighted | -8% median | 25% win rate (12/16)
1y returns: -48% weighted | -29% median | 13% win rate (2/15)

Note: This is their 10th purchase in the last 2 weeks for over $9M

Top Sales

The top sales made by insiders yesterday. Remember, returns and win rates are calculated using the previous sell trades by the insider. For sell transactions, “win rate” is the percent of profitable trades. If the “win rate” is low, that means the stock typically falls after the insider sells.

Director at Elastic N.V. ($ESTC)

The Director sold 5,000 shares at $115.12/share ($576K total) which decreased their holdings by 38.3%. The current price is $116.52 (+1.2%). (trade link)

Historic Returns
1m returns: -7% weighted | -4% median | 0% win rate (0/3)
3m returns: -39% weighted | -34% median | 0% win rate (0/3)
6m returns: -56% weighted | -19% median | 0% win rate (0/3)
1y returns: -47% weighted | -37% median | 33% win rate (1/3)

Chairman Emeritus at BEST BUY CO INC ($BBY)

The Chairman Emeritus sold 48,401 shares at $75.07/share ($3.63M total) which decreased their holdings by 16.0%. The current price is $72.37 (-3.6%). (trade link)

Historic Returns

1m returns: -15% weighted | -22% median | 4% win rate (2/57)
3m returns: -17% weighted | -22% median | 7% win rate (4/57)
6m returns: -17% weighted | -20% median | 11% win rate (4/57)
1y returns: -14% weighted | -21% median | 22% win rate (12/55)

COO at SOUTHSIDE BANCSHARES INC ($SBSI)

The COO sold 2,648 shares at $29.60/share ($78,380.80 total) which decreased their holdings by 17.0%. The current price is $31.55 (+6.6%). (trade link)

Historic Returns
1m returns: -16% weighted | -15% median | 0% win rate (0/13)
3m returns: -17% weighted | -21% median | 8% win rate (1/13)
6m returns: -17% weighted | -18% median | 0% win rate (1/13)
1y returns: -18% weighted | -20% median | 8% win rate (1/12)

EVP, COLO at Hewlett Packard Enterprise Co ($HPE)

The EVP, COLO sold 209,748 shares at $16.40/share ($3.44M total) which decreased their holdings by 43.0%. The current price is $16.58 (+1.1%). (trade link)

Historic Returns
1m returns: -14% weighted | -18% median | 5% win rate (1/19)
3m returns: -17% weighted | -20% median | 5% win rate (1/19)
6m returns: -20% weighted | -26% median | 11% win rate (1/19)
1y returns: -22% weighted | -27% median | 6% win rate (1/18)

Note: It’s their second sale since instituting a 10b5-1 plan in March.

Director at DEXCOM INC ($DXCM)

The Director sold 3,000 shares at $120.00/share ($360K total) which decreased their holdings by 5.0%. The current price is $122.29 (+1.9%). (trade link)

Historic Returns
1m returns: -57% weighted | -74% median | 5% win rate (1/19)
3m returns: -54% weighted | -70% median | 0% win rate (0/21)
6m returns: -38% weighted | -38% median | 0% win rate (0/21)
1y returns: -23% weighted | -15% median | 0% win rate (0/37)

Note: 4th sale since initiating a 10b5-1 in March. This one is 3x bigger than the other three.

Biggest Holdings Increases

The largest buys based on how much the insider increased their holdings.

Director at TEREX CORP ($TEX) purchased 50,000 shares at $51.05/share ($2.55M total) which increased their holdings by 133.3% (link)

Director at CareCloud, Inc. ($CCLD) purchased 25,000 shares at $0.71/share ($17,750.00 total) which increased their holdings by 73.5% (link)

Chief Financial Officer at Bolt Biotherapeutics, Inc. ($BOLT) purchased 11,829 shares at $0.95/share ($11,240.97 total) which increased their holdings by 48.4% (link)

Director at Lovesac Co ($LOVE) purchased 151,784 shares at $25.46/share ($3.86M total) which increased their holdings by 32.4% (link)

Largest Buys

The largest insider buys based on dollar value.

10% Owner at OCCIDENTAL PETROLEUM CORP /DE/ ($OXY) purchased 10,482,200 shares at $56.16/share ($588.68M total) which increased their holdings by 4.6% (link)

Director at Lovesac Co ($LOVE) purchased 151,784 shares at $25.46/share ($3.86M total) which increased their holdings by 32.4% (link)

Director at TEREX CORP ($TEX) purchased 50,000 shares at $51.05/share ($2.55M total) which increased their holdings by 133.3% (link)

10% Owner at HEARTLAND EXPRESS INC ($HTLD) purchased 82,509 shares at $13.92/share ($1.15M total) which increased their holdings by 22.3% (link)

Director at LESAKA TECHNOLOGIES INC ($LSAK) purchased 322,476 shares at $3.30/share ($1.06M total) which increased their holdings by 0.0% (link)

Chief Executive Officer at OmniAb, Inc. ($OABI) purchased 200,000 shares at $5.05/share ($1.01M total) which increased their holdings by 8.2% (link)

Largest Sells

The largest insider sells based on dollar value.

10% Owner at Vivid Seats Inc. ($SEAT) sold 23,575,000 shares at $6.24/share ($147.11M total) which decreased their holdings by 100.0% (link)

10% Owner at Affirm Holdings, Inc. ($AFRM) sold 2,906,590 shares at $40.02/share ($116.31M total) which decreased their holdings by 64.6% (link)

Chief Executive Officer at Palo Alto Networks Inc ($PANW) sold 300,000 shares at $305.80/share ($91.74M total) which decreased their holdings by 26.2% (link)

10% Owner at Garrett Motion Inc. ($GTX) sold 2,514,650 shares at $8.30/share ($20.87M total) which decreased their holdings by 18.2% (link)