Top insider trades (Tue, Apr 14)

Connor’s Commentary

There were 126 new insider trades filed.

No insider trades were flagged as High Signal, but I shared my notes on ChargePoint (CHPT) and why it is a pass (even if it gets a bump from this CEO purchase + market rally)

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.

• 10% Owner (DART KENNETH BRYAN) at Flutter Entertainment plc $FLUT purchased $48.21M (first purchase of FLUT). Dip Buy: the stock was down -49% in the previous 3 months. This insider has purchased the stock 14 times in the last 30 days. Is part of a dividend reinvestment.

• 10% Owner (Connect Midstream, LLC) at Summit Midstream Corp $SMC purchased $37.95M (first purchase of SMC). This increased their listed holdings by 833%.

• Director (George Gregory) at MESOBLAST LTD $MESO purchased $11.40M (2nd largest purchase, out of 2). This increased their listed holdings by 30%. This insider has purchased the stock 2 times in the last 30 days.

• President and CEO at ChargePoint Holdings, Inc. $CHPT purchased $250.00K (first-ever purchase). This increased their listed holdings by 10%. Dip Buy: the stock was down -56% in the previous 6 months.

• Director (Hattersley Gavin) at MCCORMICK & CO INC $MKC purchased $105.96K (first-ever purchase). This increased their listed holdings by 152%.

• Chief Executive Officer at Baozun Inc. $BZUN purchased $60.19K (largest purchase ever, out of 2). 1 other insider also purchased the stock in the last 30 days.

• Director (FLUOR CORP) at NUSCALE POWER Corp $SMR sold $162.90M (3rd largest sale, out of 9). This decreased their listed holdings by -33%. Dip Sell: the stock was down -52% in the previous 3 months. 1 other insider also sold the stock in the last 30 days.

• EVP & Chief of Operations at DELTA AIR LINES, INC. $DAL sold $4.72M (largest sale ever, out of 2). This decreased their listed holdings by -49%.

• Chief Financial Officer at Dell Technologies Inc. $DELL sold $3.56M (first-ever sale). Rip Sell: the stock was up 23% in the previous month. 4 other insiders also sold the stock in the last 30 days.

• EVP, Global Business Units at JABIL INC $JBL sold $2.06M (4th largest sale, out of 35). Rip Sell: the stock was up 127% in the previous year. 6 other insiders also sold the stock in the last 30 days.

• President, CFO at PHOTRONICS INC $PLAB sold $1.83M (first-ever sale). This decreased their listed holdings by -23%. Rip Sell: the stock was up 33% in the previous month. 5 other insiders also sold the stock in the last 30 days.

• EVP, Worldwide Sales at MICRON TECHNOLOGY INC $MU sold $1.43M (3rd largest sale, out of 54). Rip Sell: the stock was up 26% in the previous week. 1 other insider also sold the stock in the last 30 days.

• EVP, Chief Operations Officer at JABIL INC $JBL sold $1.20M (2nd largest sale, out of 4). Rip Sell: the stock was up 127% in the previous year. 6 other insiders also sold the stock in the last 30 days.

• Director (DANESH FARIBA) at AEHR TEST SYSTEMS $AEHR sold $745.59K (largest sale ever, out of 6). This decreased their listed holdings by -33%. Rip Sell: the stock was up 79% in the previous month. 6 other insiders also sold the stock in the last 30 days.

• and more…

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