Top insider trades (Thu, Mar 12)

Connor’s Commentary

There were 261 new insider trades filed.

4 insider trades were flagged as High Signal. CEO Watcher Premium subs can see those in the Trade Notes section of this email or the CEO Watcher Premium Dashboard that is linked in the Data Dump section.

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.

• Director (GENERAL ATLANTIC, L.P.) at ALKAMI TECHNOLOGY, INC. $ALKT purchased $35.95M (largest purchase ever, out of 16). This increased their listed holdings by 11%. This insider has purchased the stock 2 times in the last 30 days.

• Vice President at Sixth Street Specialty Lending, Inc. $TSLX purchased $4.47M (2nd largest purchase, out of 3). 4 other insiders also purchased the stock in the last 30 days.

• Director (Courtis Kenneth S.) at Alpha Metallurgical Resources, Inc. $AMR purchased $4.41M (3rd largest purchase, out of 7).

• Director (Bobbili Raja) at ContextLogic Holdings Inc. $LOGC purchased $1.98M (first-ever purchase). 1 other insider also purchased the stock in the last 30 days.

• Director (Lindberg Eric J. Jr.) at Grocery Outlet Holding Corp. $GO purchased $1.64M (first-ever purchase). This increased their listed holdings by 10%. Dip Buy: the stock was down -36% in the previous month. Reversal: they made 41 straight sales before this purchase. 3 other insiders also purchased the stock in the last 30 days.

• Director (MEHRA SANJEEV K) at Avantor, Inc. $AVTR purchased $1.00M (2nd largest purchase, out of 4). This increased their listed holdings by 34%. Dip Buy: the stock was down -53% in the previous year. 2 other insiders also purchased the stock in the last 30 days.

• Chairman & CEO at Capri Holdings Ltd $CPRI purchased $988.90K (4th largest purchase, out of 4). Their last purchase was 1090 days ago.

• Co-Executive Chairman at Lineage, Inc. $LINE purchased $438.27K (7th largest purchase, out of 7).

• Director (TANNENBAUM LEONARD M) at Advanced Flower Capital Inc. $AFCG purchased $264.76K (48th largest purchase, out of 74). Dip Buy: the stock was down -65% in the previous year. This insider has purchased the stock 2 times in the last 30 days.

• Director (MARK RICHARD J) at SEMPRA $SRE purchased $251.16K (2nd largest purchase, out of 3). This increased their listed holdings by 18%. Their last purchase was 369 days ago. 1 other insider also purchased the stock in the last 30 days.

• EVP, Finance, CFO & Treasurer at INSPERITY, INC. $NSP purchased $204.50K (largest purchase ever, out of 2). This increased their listed holdings by 11%. Dip Buy: the stock was down -38% in the previous month. 2 other insiders also purchased the stock in the last 30 days.

• PRESIDENT at AXON ENTERPRISE, INC. $AXON sold $18.48M (largest sale ever, out of 30). This decreased their listed holdings by -13%. Rip Sell: the stock was up 22% in the previous month. 6 other insiders also sold the stock in the last 30 days.

• Director (Thorndike William N Jr) at Perimeter Solutions, Inc. $PRM sold $7.60M (2nd largest sale, out of 6). Rip Sell: the stock was up 160% in the previous year. This insider has sold the stock 2 times in the last 30 days.

• Chairman and CEO at Cactus, Inc. $WHD sold $6.79M (9th largest sale, out of 14). This decreased their listed holdings by -56%. 1 other insider also sold the stock in the last 30 days.

• Executive Officer at TARGET CORP $TGT sold $6.09M (8th largest sale, out of 13). This decreased their listed holdings by -13%. Rip Sell: the stock was up 28% in the previous 3 months. Appears to be regularly scheduled yearly transaction.

• EVP, CHIEF LEGAL & COMM & SEC at Magnolia Oil & Gas Corp $MGY sold $4.39M (first-ever sale). This decreased their listed holdings by -22%. Reversal: they made 1 straight purchases before this sale. 4 other insiders also sold the stock in the last 30 days.

• EVP and CHRO at AKAMAI TECHNOLOGIES INC $AKAM sold $1.56M (largest sale ever, out of 16). This decreased their listed holdings by -40%. 8 other insiders also sold the stock in the last 30 days. Appears to be regularly scheduled yearly transaction.

• SVP & CEO - Gaming at Light & Wonder, Inc. $LNWO sold $1.56M (largest sale ever, out of 3). This decreased their listed holdings by -48%. Dip Sell: the stock was down -20% in the previous month. Appears to be regularly scheduled yearly transaction.

• Chief Human Resources Officer at Dell Technologies Inc. $DELL sold $1.48M (2nd largest sale, out of 2). Rip Sell: the stock was up 14% in the previous month. Their last sale was 732 days ago. 3 other insiders also sold the stock in the last 30 days.

• Director (Morehouse David J) at ATI INC $ATI sold $1.02M (largest sale ever, out of 2). This decreased their listed holdings by -14%. Rip Sell: the stock was up 47% in the previous 3 months. 1 other insider also sold the stock in the last 30 days.

• Director (YIH DANIEL W) at Rush Street Interactive, Inc. $RSI sold $1.01M (largest sale ever, out of 3). This decreased their listed holdings by -26%. Rip Sell: the stock was up 112% in the previous year. Reversal: they made 1 straight purchases before this sale. 3 other insiders also sold the stock in the last 30 days.

• Executive Vice President at COSTCO WHOLESALE CORP $COST sold $732.21K (7th largest sale, out of 8). This decreased their listed holdings by -10%.

• Director (Carter Margot Lebenberg) at Installed Building Products, Inc. $IBP sold $598.62K (3rd largest sale, out of 23). This decreased their listed holdings by -21%. Their last sale was 1092 days ago. 2 other insiders also sold the stock in the last 30 days.

• Director (Ulman Doug) at Root, Inc. $ROOT sold $593.30K (largest sale ever, out of 3). This decreased their listed holdings by -22%. Dip Sell: the stock was down -24% in the previous month. 1 other insider also sold the stock in the last 30 days.

• and more…

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