Top insider trades (Thu, Jul 2)

Connor’s Commentary

As a reminder, on ceowatcher.com, you can click on the right half of any of the rows to expand it and get a lot more info on the trade/insider and see the stock chart with the insider trades overlaid.

Click anywhere in the red box below

and it will expand like this

Also, the market is closed tomorrow, so there are no insider trades and no email.

Today’s Largest Unscheduled Trades

There were 210 new insider trades filed.

4 new stocks were added to the CEO Watcher Portfolio. We are taking another stab at three high-quality software stocks that are very cheap, have improving fundamentals, have insiders buying the stock, and are repurchasing shares. We also added a company in the middle of an antitrust case where the CEO bought $2M of the stock after only selling the stock for 11 straight years.

Our system gave high scores to 1 insider purchase (I shared our system’s notes on those in the High Scoring Purchases - Quick Notes).

We also found 1 insider purchase from an insider who averages 20%+ 1y returns.

CEO Watcher Premium subs can see those notes in later sections of this email.

Today’s largest unscheduled insider trades:

• Director (ALBERINI CARLOS) at RH $RH purchased $1.83M (2nd largest purchase, out of 4). This increased their listed holdings by 25%. Rip Buy: the stock was up 45% in the previous 3 months. Reversal: they made 33 straight sales before this purchase.

• 10% Owner (Mosseri Marlio Charles) at Nuvectis Pharma, Inc. $NVCT purchased $916.00K (4th largest purchase, out of 25). Dip Buy: the stock was down -25% in the previous week. 1 other insider also purchased the stock in the last 30 days.

• Director (Smith Edgar R. III) at First Guaranty Bancshares, Inc. $FGBI purchased $794.12K (9th largest purchase, out of 24). Rip Buy: the stock was up 87% in the previous 6 months.

• Chief Financial Officer at Faeth Therapeutics, Inc. $FTH purchased $326.13K (5th largest purchase, out of 5). This increased their listed holdings by 41%. Dip Buy: the stock was down -31% in the previous 3 months. 1 other insider also purchased the stock in the last 30 days.

• 10% Owner (HRT FINANCIAL LP) at Shuttle Pharmaceuticals Holdings, Inc. $SHPH purchased $110.69K. This increased their listed holdings by 70%. Dip Buy: the stock was down -36% in the previous month.

• Chief Executive Officer at Hyperscale Data, Inc. $GPUS purchased $95.00K (largest purchase ever, out of 3). Dip Buy: the stock was down -20% in the previous month. Their last purchase was 1846 days ago. 1 other insider also purchased the stock in the last 30 days.

• Director (Lynch Robert) at FIVE BELOW, INC $FIVE purchased $93.31K (3rd largest purchase, out of 3). This increased their listed holdings by 54%. Dip Buy: the stock was down -20% in the previous month.

• Director (Fairmount Funds Management LLC) at Oruka Therapeutics, Inc. $ORKA sold $300.01M (2nd largest sale, out of 5). This decreased their listed holdings by -48%. Rip Sell: the stock was up 69% in the previous month. 6 other insiders also sold the stock in the last 30 days. Large price difference: Current: $93.29 | Tx: $84.43 | Diff: (+10.49%).

• President at Alibaba Group Holding Ltd $BABA sold $68.36M (largest sale ever, out of 5). This decreased their listed holdings by -96%. Dip Sell: the stock was down -22% in the previous month. 4 other insiders also sold the stock in the last 30 days.

• President and CEO at APPLIED MATERIALS INC /DE $AMAT sold $55.55M (3rd largest sale, out of 27). Rip Sell: the stock was up 57% in the previous month. 5 other insiders also sold the stock in the last 30 days.

• Executive Chairman at Atlanticus Holdings Corp $ATLC sold $2.60M (first-ever sale). Rip Sell: the stock was up 25% in the previous month. Reversal: they made 1 straight purchases before this sale. 4 other insiders also sold the stock in the last 30 days.

• Chief HR Officer at CASEYS GENERAL STORES INC $CASY sold $2.37M (2nd largest sale, out of 8). This decreased their listed holdings by -20%. 1 other insider also sold the stock in the last 30 days.

• Chief Operating Officer at Cerebras Systems Inc. $CBRS sold $2.07M (2nd largest sale, out of 2). Rip Sell: the stock was up 21% in the previous week. 3 other insiders also sold the stock in the last 30 days.

• President and CEO at SEMTECH CORP $SMTC sold $1.47M (largest sale ever, out of 8). This decreased their listed holdings by -13%. Rip Sell: the stock was up 102% in the previous 3 months. 6 other insiders also sold the stock in the last 30 days.

• Chief Accounting Officer at Atlanticus Holdings Corp $ATLC sold $1.02M (largest sale ever, out of 3). This decreased their listed holdings by -17%. Rip Sell: the stock was up 25% in the previous month. Their last sale was 586 days ago. 4 other insiders also sold the stock in the last 30 days.

• Chief Commercial Officer at DORIAN LPG LTD. $LPG sold $707.53K (4th largest sale, out of 5). This decreased their listed holdings by -11%. 1 other insider also sold the stock in the last 30 days.

• Director (Wider Todd) at ASP Isotopes Inc. $ASPI sold $618.50K (2nd largest sale, out of 4). This decreased their listed holdings by -12%. Rip Sell: the stock was up 50% in the previous 3 months. 3 other insiders also sold the stock in the last 30 days.

• Director (PAGE JUSTINE) at Broadcom Inc. $AVGO sold $598.91K (5th largest sale, out of 25). Rip Sell: the stock was up 20% in the previous 3 months. 2 other insiders also sold the stock in the last 30 days. May be regularly scheduled yearly transaction.

• Director (Bawa Aparna) at Palo Alto Networks Inc $PANW sold $302.53K (61st largest sale, out of 84). This decreased their listed holdings by -10%. Rip Sell: the stock was up 13% in the previous month. 4 other insiders also sold the stock in the last 30 days.

• Director (GOODWIN DEANNA L) at OCEANEERING INTERNATIONAL INC $OII sold $284.83K (3rd largest sale, out of 3). This decreased their listed holdings by -16%. Rip Sell: the stock was up 68% in the previous 6 months. Their last sale was 1141 days ago.

• Director (Gorley Michael) at ASP Isotopes Inc. $ASPI sold $188.10K (first-ever sale). This decreased their listed holdings by -25%. Rip Sell: the stock was up 50% in the previous 3 months. 3 other insiders also sold the stock in the last 30 days.

• President, Wholesale Brands at LA-Z-BOY INC $LZB sold $100.58K (first-ever sale). 4 other insiders also sold the stock in the last 30 days.

• and more…

The rest of this email is for premium subscribers only.

CEO Watcher Premium

The rest of this email (including today’s top insider trades + all the charts and data) is for CEO Watcher Premium subscribers only. To see an example of the Premium email, click here.

Upgrade to CEO Watcher Premium at ceowatcher.com to unlock:

• The Premium daily emails

• Full access to the website, which has all insider trades back to 2009. It includes search/filters and the returns of every trade and every insider to help you find the top insider trades

• Full access to the CEO Watcher Premium Discord where I share my notes and holdings in the CEO Watcher Portfolio

• The Premium Dashboard, which has a bunch of charts/tables with insider trading data that is updated each day

If CEO Watcher Premium is not for you, I give full refunds with no questions asked.