Top insider trades (Thu, Apr 23)

Connor’s Commentary

There were 131 new insider trades filed.

1 insider trade was flagged as High Signal (and added to the CEO Watcher Portfolio). It is an OpenAI proxy trading below NAV.

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 $9.56M (first-ever purchase). Dip Buy: the stock was down -55% in the previous 6 months. This insider has purchased the stock 2 times in the last 30 days. Part of a 10b5-1 plan.

• 10% Owner (DART KENNETH BRYAN) at Flutter Entertainment plc $FLUT purchased $9.42M. Dip Buy: the stock was down -39% in the previous 3 months. This insider has purchased the stock 15 times in the last 30 days.

• 10% Owner (GIP ATLAS Holdings Ltd) at H2O AMERICA $HTO purchased $2.98M. 1 other insider also purchased the stock in the last 30 days.

• 10% Owner (Chernett Jorey) at Neuronetics, Inc. $STIM purchased $309.00K (7th largest purchase, out of 25). Dip Buy: the stock was down -58% in the previous year. This insider has purchased the stock 5 times in the last 30 days.

• VP-Global Operations at BADGER METER INC $BMI purchased $197.42K (first-ever purchase). This increased their listed holdings by 28%. Dip Buy: the stock was down -22% in the previous month. 3 other insiders also purchased the stock in the last 30 days.

• VP-Engineering at BADGER METER INC $BMI purchased $99.78K (first-ever purchase). This increased their listed holdings by 261%. Dip Buy: the stock was down -22% in the previous month. 3 other insiders also purchased the stock in the last 30 days.

• VP-Controller at BADGER METER INC $BMI purchased $99.01K (first-ever purchase). This increased their listed holdings by 93%. Dip Buy: the stock was down -22% in the previous month. 3 other insiders also purchased the stock in the last 30 days.

• Chairman, CEO and President at SURO CAPITAL CORP. $SSSS purchased $65.83K (11th largest purchase, out of 33). Rip Buy: the stock was up 36% in the previous month.

• Director (McNaney Timothy S) at AMREP CORP. $AXR purchased $49.72K (first-ever purchase). Rip Buy: the stock was up 30% in the previous 3 months. 1 other insider also purchased the stock in the last 30 days.

• GM, ASE Inc. Chung-Li Branch at ASE Technology Holding Co., Ltd. $ASX sold $247.14M (first-ever sale). This decreased their listed holdings by -19%. Rip Sell: the stock was up 37% in the previous month. 1 other insider also sold the stock in the last 30 days.

• Director (AE RED HOLDINGS, LLC) at Redwire Corp $RDW sold $28.41M (8th largest sale, out of 42). This decreased their listed holdings by -11%. This insider has sold the stock 7 times in the last 30 days. Appears to be regularly scheduled weekly transaction.

• Director (Batista de Lima Filho Pedro) at AXIA Energia S.A. $AXIA3 sold $12.69M. Rip Sell: the stock was up 17% in the previous month. 1 other insider also sold the stock in the last 30 days.

• EVP & Chief Fin. & Growth Ofc. at LEVI STRAUSS & CO $LEVI sold $5.39M (3rd largest sale, out of 6). This decreased their listed holdings by -60%. Rip Sell: the stock was up 27% in the previous month. Their last sale was 713 days ago.

• EVP, PPBI BUSINESS at AEHR TEST SYSTEMS $AEHR sold $2.76M (largest sale ever, out of 2). This decreased their listed holdings by -38%. Rip Sell: the stock was up 139% in the previous month. 11 other insiders also sold the stock in the last 30 days.

• Vice Chair at US BANCORP \DE\ $USB sold $2.28M (largest sale ever, out of 4). This decreased their listed holdings by -16%. Rip Sell: the stock was up 11% in the previous month. Their last sale was 438 days ago.

• Director (POSEDEL RHEA J) at AEHR TEST SYSTEMS $AEHR sold $1.77M (4th largest sale, out of 31). Rip Sell: the stock was up 139% in the previous month. 11 other insiders also sold the stock in the last 30 days. Appears to be regularly scheduled weekly transaction.

• Director (PARK JAMES FRANKLIN) at GeoPark Ltd $GPRK sold $882.90K (first-ever sale).

• EVP & CFO at ADOBE INC. $ADBE sold $331.35K (12th largest sale, out of 12). Dip Sell: the stock was down -30% in the previous 6 months.

• EVP and COO at HUNT J B TRANSPORT SERVICES INC $JBHT sold $318.95K (11th largest sale, out of 17). Rip Sell: the stock was up 26% in the previous month. 1 other insider also sold the stock in the last 30 days.

• and more…

Commentary

We just crossed 300% returns on Ampco-Pittsburgh (AP) after copying the CEO purchase back in December. The returns are so high that it ruins the conditional formatting of the portfolio table lol.

TravelZoo (TZOO) is another CEO Watcher Portfolio holding (and a personal holding for me). It just reported stellar earnings and is up 25% in the pre-market. That’ll move its total returns above 50% since we added it to the CEO Watcher Portfolio after finding the CEO buying the dip + reversing from selling to buying.

CEO Watcher Premium subscribers can always see the portfolio holdings in the CEO Watcher Premium Dashboard and the Data Dump section at the bottom of the email.

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