Top insider trades (Thu, Jul 23)

Connor’s Commentary

Another very slow, boring day in insider trading land.

As a reminder, insider trading slows down significantly every earnings season (chart below) because insiders are not allowed to place discretionary trades in the weeks before they release earnings.

However, earnings season brings post-earnings dip buys, one insider purchase type we're looking for.

Today’s Largest Unscheduled Trades

There were 55 new insider trades filed.

No insider trades were flagged as High Signal, but I shared my notes on the recent FuelCell (FCEL) insider purchase. We don’t often see insider buying at hot companies like that, so it is always worth taking a look.

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

Today’s largest unscheduled insider trades:

• Director (RA CAPITAL MANAGEMENT, L.P.) at Parabilis Medicines, Inc. $PBLS purchased $6.92M (72nd largest purchase, out of 151). 1 other insider also purchased the stock in the last 30 days.

• 10% Owner (Hartree Partners, LP) at HUDSON TECHNOLOGIES INC /NY $HDSN purchased $392.60K (2nd largest purchase, out of 3). This insider has purchased the stock 3 times in the last 30 days.

• 10% Owner (Chernett Jorey) at Oncology Institute, Inc. $TOI purchased $94.86K (25th largest purchase, out of 34). Rip Buy: the stock was up 57% in the previous 3 months. This insider has purchased the stock 3 times in the last 30 days.

• 10% Owner (GLENBROOK CAPITAL MANAGEMENT) at SenesTech, Inc. $SNES purchased $51.57K. Dip Buy: the stock was down -75% in the previous year. 1 other insider also purchased the stock in the last 30 days.

• Chief Executive Officer at 17 Education & Technology Group Inc. $YQ purchased $20.15K. This increased their listed holdings by 26%. This insider has purchased the stock 3 times in the last 30 days.

• 10% Owner (Control Empresarial de Capitales S.A. de C.V.) at PBF Energy Inc. $PBF sold $14.07M (31st largest sale, out of 183). Rip Sell: the stock was up 68% in the previous month. This insider has sold the stock 7 times in the last 30 days.

• Director (Bloch Stephen M) at Liquidia Corp $LQDA sold $6.29M (7th largest sale, out of 56). Rip Sell: the stock was up 134% in the previous 3 months. 9 other insiders also sold the stock in the last 30 days.

• Vice Chair at US BANCORP \DE\ $USB sold $2.33M. This decreased their listed holdings by -32%.

• Chairman & CEO at TRUIST FINANCIAL CORP $TFC sold $693.81K (4th largest sale, out of 5). Reversal: they made 3 straight purchases before this sale. Their last sale was 1460 days ago.

• 10% Owner (HRT FINANCIAL LP) at Zeta Network Group $ZNB sold $21.21K. This decreased their listed holdings by -34%. Dip Sell: the stock was down -41% in the previous month.

• 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:

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

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