Top insider trades (Sep 22 - 26)

How CEO Watcher Works

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 tracked 638 insider trades and found:

• ALX Oncology is up 49% in just 1 week

• Four insiders just bought Marvell (MRVL), including the CEO who averages 37% 3m returns. They also announced $5B in share buybacks

• Another insider buys NextDecade (NEXT) after it’s 30% drop in the last month

• and more…

Have a great weekend and thanks for reading!

Connor

P.S. Make sure to follow @CEOStockWatcher on Twitter/X as I post more interesting insider trades there each day.

💰 Previous Winner

ALX Oncology (ALXO) is already up almost 50% in just 1 week after we found the CEO, who averages 50% 1m returns on previous purchases, buying $100k of the stock.

It opened at $1.22 and is up to $1.82 (+49%).

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👀 Top Insider Trades this Week

🥇 Chairman of the Board and CEO at Marvell Technology, Inc. ($MRVL)

Chairman of the Board and CEO at Marvell Technology, Inc. ($MRVL) purchased 13,600 shares at $77.09/share ($1.05M total) which increased their vested holdings by +5.3%. Their median purchase size is $763.45K and this is their 1st largest purchase out of 3 all time. link

Historic Returns
1m returns: +9.10% weighted | 100% win rate (2/2)
3m returns: +37.6% weighted | 100% win rate (2/2)
6m returns: -31.2% weighted | 50% win rate (1/2)
1y returns: +40.2% weighted | 100% win rate (2/2)

Note: 3 other insiders also purchased the stock (4 total purchases in last 30 days).

🥈 Director at Arvinas, Inc. ($ARVN)

Briggs Morrison (Director) at Arvinas, Inc. ($ARVN) purchased 30,000 shares at $7.57/share ($227.01K total) which increased their vested holdings by +65.2%. The current price is $7.75 (+2.4%). Their median purchase size is $121.68K and this is their 1st largest purchase out of 6 all time. link

Historic Returns
1m returns: +2.6% weighted | 80% win rate (4/5)
3m returns: +19.4% weighted | 60% win rate (3/5)
6m returns: +4.1% weighted | 60% win rate (3/5)
1y returns: +62.4% weighted | 100% win rate (5/5)

Note: Buying the dip (stock was down -68.74% in the one year before the purchase)

🥉 [SELL] Director at P10, Inc. ($PX)

Edwin A. Poston (Director) at P10, Inc. ($PX) made a large, unusual sale. They just sold 107,976 shares at $12.13/share ($1.31M total) which decreased their vested holdings by -3.5%. The current price is $11.24 (-7.3%). Their median sale size is $3.63M and this is their 4th largest sale out of 10 all time. link

Historic Returns
1m returns: -3.7% weighted | 67% win rate (4/6)
3m returns: +5.7% weighted | 100% win rate (6/6)
6m returns: +4.9% weighted | 83% win rate (5/6)
1y returns: +12.8% weighted | 67% win rate (2/3)

Note: Selling the rip (stock was up 33.63% in the three months before the sale). This is the 6th insider sale at this company in the last 30 days

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 📈 Largest Insider Buys (last week)

• Director at Netskope, Inc. (NTSK) purchased 2,000,000 shares at $19.0 for $38.0M. This is their 2nd largest purchase (out of 5) and increased their vested position to 66,267,513 shares (+3.11%). -4.74% 1m (+66.67% win rate) / -4.98% 3m (+66.67% win rate) avg returns on 5 previous purchases. This is the 1st insider purchase at this company in the last 30 days. - link

• 10% Owner at NextDecade Corporation (NEXT) purchased 1,001,329 shares at $7.0 for $7.01M. This is their 1st largest purchase (out of 1) and increased their vested position to 36,074,066 shares (+2.86%). No returns available. Buying the dip (stock was down -33.62% in the month before the purchase). This is the 6th insider purchase at this company in the last 30 days. - link

• Director at WaterBridge Infrastructure LLC (WBI) purchased 300,000 shares at $20.0 for $6.0M. This is their 1st largest purchase (out of 4) and increased their vested position to 300,000 shares (0%). -9.61% 1m (0.00% win rate) / +16.28% 3m (+100.00% win rate) avg returns on 4 previous purchases. 1 other insider also purchased the stock (2 total purchases in last 30 days). - link

• 10% Owner at Vuzix Corporation (VUZI) purchased 230,242 shares at $21.72 for $5.0M. This is their 1st largest purchase (out of 2) and increased their vested position to 230,242 shares (0%). No returns available. Is part of a purchase agreement. This is the 1st insider purchase at this company in the last 30 days. - link

• CEO and Executive Chairman at NextNRG Inc. (NXXT) purchased 1,000,000 shares at $1.67 for $1.67M. This is their 1st largest purchase (out of 4) and increased their vested position to 75,254,300 shares (+1.35%). -12.30% 1m (+50.00% win rate) / -40.18% 3m (0.00% win rate) avg returns on 4 previous purchases. Is part of a purchase agreement. Buying the dip (stock was down -45.25% in the three months before the purchase). This is the 1st insider purchase at this company in the last 30 days. - link

• Director at WaterBridge Infrastructure LLC (WBI) purchased 75,000 shares at $20.0 for $1.5M. This is their 4th largest purchase (out of 5) and increased their vested position to 75,000 shares (0%). +3.56% 1m (+75.00% win rate) / -0.83% 3m (+25.00% win rate) avg returns on 5 previous purchases. 1 other insider also purchased the stock (2 total purchases in last 30 days). - link

• 10% Owner at ASA Gold and Precious Metals Limited (ASA) purchased 25,870 shares at $41.07 for $1.06M. This is their 189th largest purchase (out of 1182) and increased their vested position to 4,650,898 shares (+0.56%). +0.94% 1m (+70.34% win rate) / +1.86% 3m (+75.37% win rate) avg returns on 1182 previous purchases. This appears to be a regularly scheduled weekly transaction. This is the 8th insider purchase at this company in the last 30 days. - link

• Chairman of the Board and CEO at Marvell Technology, Inc. (MRVL) purchased 13,600 shares at $77.09 for $1.05M. This is their 1st largest purchase (out of 3) and increased their vested position to 268,637 shares (+5.33%). +9.10% 1m (+100.00% win rate) / +37.58% 3m (+50.00% win rate) avg returns on 3 previous purchases. 3 other insiders also purchased the stock (4 total purchases in last 30 days). - link

• CHIEF EXECUTIVE OFFICER at Prospect Capital Corporation (PSEC) purchased 384,000 shares at $2.66 for $1.02M. This is their 42nd largest purchase (out of 72) and increased their vested position to 84,773,363 shares (+0.46%). -6.87% 1m (+40.00% win rate) / +8.03% 3m (+60.87% win rate) avg returns on 72 previous purchases. This is the 3rd insider purchase at this company in the last 30 days. - link

• Director at Biodesix, Inc. (BDSX) purchased 142,045 shares at $7.04 for $1000.0K. This is their 28th largest purchase (out of 112) and increased their vested position to 2,130,745 shares (+7.14%). +6.70% 1m (+37.65% win rate) / -5.21% 3m (+41.18% win rate) avg returns on 112 previous purchases. Buying the dip (stock was down -74.59% in the one year before the purchase). This is the 3rd insider purchase at this company in the last 30 days. - link

📉 Largest Insider Sells (last week)

• Director at NuScale Power Corporation (SMR) sold 4,567,320 shares at $43.94 for $200.68M. This is their 1st largest sale (out of 2) and decreased their vested position to 7,890,587 shares (-36.66%). No returns available. Selling the rip (stock was up 282.37% in the year before the sale). This is the 3rd insider sale at this company in the last 30 days. - link

• 10% Owner at Denali Capital Acquisition Corp. (DECA) sold 12,500,000 shares at $16.0 for $200.0M. This is their 1st largest sale (out of 1) and decreased their vested position to 188,554,849 shares (-6.22%). No returns available. This is the 1st insider sale at this company in the last 30 days. - link

• 10% Owner at CoreWeave, Inc. (CRWV) sold 1,451,063 shares at $125.6 for $182.25M. This is their 13th largest sale (out of 47) and decreased their vested position to 40,056,925 shares (-3.50%). -2.74% 1m (+42.11% win rate) / -0.32% 3m (+70.59% win rate) avg returns on 47 previous sales. Selling the rip (stock was up 39.26% in the month before the sale). This is the 30th insider sale at this company in the last 30 days (and there were 5 other sales on the same day). - link

• Chief Executive Officer at Palo Alto Networks, Inc. (PANW) sold 846,408 shares at $204.06 for $172.72M. This is their 1st largest sale (out of 27) and decreased their vested position to 1,033,565 shares (-45.02%). -3.26% 1m (+32.00% win rate) / -5.82% 3m (+24.00% win rate) avg returns on 27 previous sales. Is part of a 10b5-1 plan. This is the 4th insider sale at this company in the last 30 days (and there was 1 other sale on the same day). - link

• 10% Owner at CoreWeave, Inc. (CRWV) sold 1,151,054 shares at $125.6 for $144.57M. This is their 15th largest sale (out of 46) and decreased their vested position to 31,160,574 shares (-3.56%). -2.74% 1m (+42.11% win rate) / -0.32% 3m (+70.59% win rate) avg returns on 46 previous sales. Selling the rip (stock was up 39.26% in the month before the sale). This is the 30th insider sale at this company in the last 30 days (and there were 5 other sales on the same day). - link

• 10% Owner at CoreWeave, Inc. (CRWV) sold 1,059,358 shares at $120.62 for $127.78M. This is their 16th largest sale (out of 44) and decreased their vested position to 78,418,327 shares (-1.33%). -2.74% 1m (+42.11% win rate) / -0.32% 3m (+70.59% win rate) avg returns on 44 previous sales. Selling the rip (stock was up 39.26% in the month before the sale). This is the 30th insider sale at this company in the last 30 days (and there were 5 other sales on the same day). - link

• Chief Executive Officer at Pattern Group Inc. (PTRN) sold 9,414,286 shares at $13.02 for $122.57M. This is their 1st largest sale (out of 1) and decreased their vested position to 96,808,749 shares (-8.86%). No returns available. 1 other insider also sold the stock (2 total sales in last 30 days). - link

• Other at The Vita Coco Company, Inc. (COCO) sold 3,000,000 shares at $40.77 for $122.31M. This is their 3rd largest sale (out of 6) and decreased their vested position to 4,097,161 shares (-42.27%). -0.40% 1m (+50.00% win rate) / +11.43% 3m (+100.00% win rate) avg returns on 6 previous sales. This is the 20th insider sale at this company in the last 30 days (and there were 6 other sales on the same day). - link

• Director at Dell Technologies Inc. (DELL) sold 824,999 shares at $135.98 for $112.18M. This is their 9th largest sale (out of 44) and decreased their vested position to 56,381,995 shares (-1.44%). +1.88% 1m (+47.37% win rate) / -5.83% 3m (+48.48% win rate) avg returns on 44 previous sales. This is the 6th insider sale at this company in the last 30 days. - link

• Director at Alignment Healthcare, Inc. (ALHC) sold 6,246,096 shares at $16.01 for $100.0M. This is their 13th largest sale (out of 29) and decreased their vested position to 24,596,079 shares (-20.25%). +4.89% 1m (+50.00% win rate) / +4.35% 3m (+61.11% win rate) avg returns on 29 previous sales. This is the 8th insider sale at this company in the last 30 days. - link

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