Top insider trades (Mon, May 11)

Connor’s Commentary

There were 211 new insider trades filed.

2 insider trades were flagged as High Signal (one of which we already own in the CEO Watcher Portfolio), and I share my notes on why I passed on Upstart even though the company’s performance appears to be improving.

CEO Watcher Premium subs can see those in the Trade Notes section of this email (just scroll down).

As a reminder, if you upgrade to CEO Watcher Premium (link) and find that it isn’t for you, I’ll give you a refund.

• Chief Executive Officer at 51Talk Online Education Group $COE purchased $12.22M. This insider has purchased the stock 4 times in the last 30 days. Part of a 10b5-1 plan.

• Director (Girouard Dave) at Upstart Holdings, Inc. $UPST purchased $5.00M (first-ever purchase). Reversal: they made 23 straight sales before this purchase.

• Director (PEREZ DE LA MESA MANUEL J) at POOL CORP $POOL purchased $1.90M (largest purchase ever, out of 7). 2 other insiders also purchased the stock in the last 30 days.

• Director (Leopold Diane) at MARKEL GROUP INC. $MKL purchased $268.72K (largest purchase ever, out of 3). Their last purchase was 1175 days ago. 1 other insider also purchased the stock in the last 30 days.

• Chief Executive Officer at SoFi Technologies, Inc. $SOFI purchased $249.77K (13th largest purchase, out of 44).

• SVP, Strategy & Development at SiteOne Landscape Supply, Inc. $SITE purchased $247.20K (first-ever purchase).

• Director (STOKELY JOHN E) at POOL CORP $POOL purchased $193.06K (first-ever purchase). Reversal: they made 9 straight sales before this purchase. 2 other insiders also purchased the stock in the last 30 days.

• Director (ROUBIN GARY S) at InspireMD, Inc. $NSPR purchased $106.20K (2nd largest purchase, out of 4). This increased their listed holdings by 12%. Dip Buy: the stock was down -21% in the previous month. Their last purchase was 885 days ago. 2 other insiders also purchased the stock in the last 30 days.

• Director (Ward Scott R.) at InspireMD, Inc. $NSPR purchased $102.64K (largest purchase ever, out of 9). This increased their listed holdings by 60%. Dip Buy: the stock was down -21% in the previous month. 2 other insiders also purchased the stock in the last 30 days.

• Director (Hope James D) at POOL CORP $POOL purchased $90.21K (6th largest purchase, out of 8). This increased their listed holdings by 14%. 2 other insiders also purchased the stock in the last 30 days.

• Chief Executive Officer at SmartRent, Inc. $SMRT purchased $56.22K (28th largest purchase, out of 33). Dip Buy: the stock was down -20% in the previous month.

• EVP, Global Operations at MONOLITHIC POWER SYSTEMS INC $MPWR sold $49.64M (largest sale ever, out of 63). This decreased their listed holdings by -11%. Rip Sell: the stock was up 30% in the previous month. 5 other insiders also sold the stock in the last 30 days.

• Director (HESS JOHN B) at CHEVRON CORP $CVX sold $36.03M (9th largest sale, out of 30).

• Executive Chairman at IES Holdings, Inc. $IESC sold $31.91M (4th largest sale, out of 162). Rip Sell: the stock was up 31% in the previous month. 2 other insiders also sold the stock in the last 30 days.

• Chairman & CEO at SANMINA CORP $SANM sold $27.09M (largest sale ever, out of 19). Rip Sell: the stock was up 73% in the previous month. Their last sale was 1268 days ago. 4 other insiders also sold the stock in the last 30 days.

• Director (Elmiger Eugen J) at MONOLITHIC POWER SYSTEMS INC $MPWR sold $19.02M (largest sale ever, out of 2). This decreased their listed holdings by -68%. Rip Sell: the stock was up 30% in the previous month. 5 other insiders also sold the stock in the last 30 days.

• EVP, M&A and Strategic Finance at Live Nation Entertainment, Inc. $LYV sold $15.46M (largest sale ever, out of 3). This decreased their listed holdings by -33%. 1 other insider also sold the stock in the last 30 days.

• Chief Financial Officer at WIPRO LTD $WIT sold $15.12M (first-ever sale). This decreased their listed holdings by -60%. Dip Sell: the stock was down -11% in the previous month.

• Chief Legal Officer, GC at GOLDMAN SACHS GROUP INC $GS sold $13.42M (largest sale ever, out of 6). This decreased their listed holdings by -47%. Rip Sell: the stock was up 67% in the previous year. 3 other insiders also sold the stock in the last 30 days.

• President & CEO at VIAVI SOLUTIONS INC. $VIAV sold $13.42M (largest sale ever, out of 46). This decreased their listed holdings by -17%. Rip Sell: the stock was up 26% in the previous month. 5 other insiders also sold the stock in the last 30 days.

• Director (MYERS FRANKLIN) at COMFORT SYSTEMS USA INC $FIX sold $8.56M (2nd largest sale, out of 20). Rip Sell: the stock was up 32% in the previous month. 3 other insiders also sold the stock in the last 30 days.

• and more…

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