Top insider trades (Tue, Aug 11)

Today’s Largest Unscheduled Trades

There were 218 new insider trades filed.

1 insider trade was added to the CEO Watcher Portfolio after multiple insiders stepped in to buy the massive post-earnings dip (and the stock has bounced nicely off the lows). I was also very close to adding CoStar Group (CSGP) to the High Signal List after the CEO bought the dip, but I just couldn’t quite do it. The CEO has tried buying the dip 3x this year, and the previous two have gone poorly. The stock chart has finally flattened out, and it recovered from a 10% earnings dip on the same day (both good signs), but two other insiders also sold the stock.

Our system gave high scores to 3 insider purchases (I shared our system’s notes on those in the High Scoring Purchases - Quick Notes).

We also found 3 insider purchases from insiders who average 20%+ 1y returns.

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

Today’s largest unscheduled insider trades:

  • 10% Owner (DART KENNETH BRYAN) at Flutter Entertainment plc $FLUT purchased $46.40M. Dip Buy: the stock was down -66% in the previous year. This insider has purchased the stock 4 times in the last 30 days.

  • Chief Executive Officer at 51Talk Online Education Group $COE purchased $13.76M. This insider has purchased the stock 7 times in the last 30 days. Part of a 10b5-1 plan.

  • Director (Chen Bihua) at BlossomHill Therapeutics, Inc. $BLSM purchased $5.00M (10th largest purchase, out of 12). 3 other insiders also purchased the stock in the last 30 days.

  • Director (Tananbaum James B.) at Latigo Biotherapeutics, Inc. $LTGO purchased $2.52M (7th largest purchase, out of 9).

  • 10% Owner (PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.) at NATURES SUNSHINE PRODUCTS INC $NATR purchased $2.32M (2nd largest purchase, out of 31). Dip Buy: the stock was down -25% in the previous month. Reversal: they made 1 straight sales before this purchase. Their last purchase was 3358 days ago.

  • Chief Executive Officer at Fortune Brands Innovations, Inc. $FBIN purchased $2.02M (largest purchase ever, out of 2). Rip Buy: the stock was up 34% in the previous 3 months.

  • Director (Cornick Kenneth L.) at CLARIVATE PLC $CLVT purchased $1.67M (2nd largest purchase, out of 4). This increased their listed holdings by 74%. Dip Buy: the stock was down -34% in the previous 3 months.

  • Director (Fabela Augie K II) at VEON Ltd. $VEON purchased $1.12M (first-ever purchase).

  • Director (Ball George L.) at PARSONS CORP $PSN purchased $959.40K (2nd largest purchase, out of 17).

  • Chief Financial Officer at Lineage, Inc. $LINE purchased $826.64K (2nd largest purchase, out of 3). This increased their listed holdings by 22%.

  • Director (SEIDMAN LAWRENCE B) at Bankwell Financial Group, Inc. $BWFG purchased $666.25K (6th largest purchase, out of 198).

  • President, CEO at PROCEPT BioRobotics Corp $PRCT purchased $498.31K (first-ever purchase).

  • 10% Owner (SCULLY WILLIAM P) at PROTHENA CORP PUBLIC LTD CO $PRTA purchased $323.22K (5th largest purchase, out of 12).

  • President & CEO at GULFPORT ENERGY CORP $GPOR purchased $256.98K (largest purchase ever, out of 8).

  • Director (Perry James Richard) at Energy Transfer LP $ET purchased $250.00K (2nd largest purchase, out of 2). Their last purchase was 2324 days ago.

  • Chairman, CEO and President at Neostellar Capital Corp. $NSLR purchased $249.98K (4th largest purchase, out of 34).

  • President & CEO at SONOCO PRODUCTS CO $SON purchased $249.45K (4th largest purchase, out of 4). Their last purchase was 464 days ago.

  • Director (WOLF DALE B) at AdaptHealth Corp. $AHCO purchased $244.60K (5th largest purchase, out of 15). This increased their listed holdings by 29%. Dip Buy: the stock was down -48% in the previous month. 1 other insider also purchased the stock in the last 30 days.

  • Director (Herendeen Paul) at Elanco Animal Health Inc $ELAN purchased $236.85K (3rd largest purchase, out of 5). Their last purchase was 1430 days ago. 1 other insider also purchased the stock in the last 30 days.

  • Director (Dischler Gerald) at HUBSPOT INC $HUBS purchased $199.74K (first-ever purchase). This increased their listed holdings by 91%. Dip Buy: the stock was down -53% in the previous year.

  • Director (Jones Cecil W.) at Origin Bancorp, Inc. $OBK purchased $199.28K (2nd largest purchase, out of 2). This increased their listed holdings by 26%.

  • Director (Pickle Elaine M) at DT Midstream, Inc. $DTM purchased $198.91K (largest purchase ever, out of 2). This increased their listed holdings by 34%. Their last purchase was 1188 days ago. 1 other insider also purchased the stock in the last 30 days.

  • Director (SAMET KENNETH A) at AdaptHealth Corp. $AHCO purchased $149.93K (largest purchase ever, out of 3). This increased their listed holdings by 93%. Dip Buy: the stock was down -48% in the previous month. 1 other insider also purchased the stock in the last 30 days.

  • Director (Lyash Jeffrey J.) at CURTISS WRIGHT CORP $CW purchased $149.00K (first-ever purchase). This increased their listed holdings by 436%.

  • Director (GILL JAGROOP) at Community West Bancshares $CWBC purchased $118.68K (4th largest purchase, out of 15). This insider has purchased the stock 2 times in the last 30 days.

  • Director (SCHAWK DAVID A) at MATTHEWS INTERNATIONAL CORP $MATW purchased $118.00K (2nd largest purchase, out of 4). Dip Buy: the stock was down -15% in the previous week. Reversal: they made 1 straight sales before this purchase. Their last purchase was 2351 days ago.

  • Director (Yeboah-Amankwah Safroadu) at Mobileye Global Inc. $MBLY purchased $100.17K (largest purchase ever, out of 2). This increased their listed holdings by 16%. Their last purchase was 920 days ago. 1 other insider also purchased the stock in the last 30 days.

  • Director (BANDROWCZAK STEVEN JOHN) at Galaxy Digital Inc. $GLXY purchased $100.11K (largest purchase ever, out of 2). This increased their listed holdings by 14%. Dip Buy: the stock was down -33% in the previous 3 months.

  • Director (INNOVEX CO-INVEST FUND, L.P.) at Innovex International, Inc. $INVX sold $142.24M (first-ever sale). This decreased their listed holdings by -21%. 2 other insiders also sold the stock in the last 30 days.

  • 10% Owner (DST Global Advisors Ltd) at Chime Financial, Inc. $CHYM sold $58.59M (largest sale ever, out of 2). Rip Sell: the stock was up 47% in the previous month. 4 other insiders also sold the stock in the last 30 days.

  • 10% Owner (Corre Partners Management, LLC) at TEAM INC $TISI sold $56.95M (largest sale ever, out of 5). This decreased their listed holdings by -100%. Reversal: they made 11 straight purchases before this sale.

  • Director (Whitehead James) at Black Stone Minerals, L.P. $BSM sold $28.10M (first-ever sale). This decreased their listed holdings by -34%.

  • Executive Chairman at UFP TECHNOLOGIES INC $UFPT sold $5.00M (7th largest sale, out of 81). This decreased their listed holdings by -54%. Rip Sell: the stock was up 37% in the previous month. Their last sale was 634 days ago. 1 other insider also sold the stock in the last 30 days.

  • 10% Owner (BlackRock Portfolio Management LLC) at York Space Systems Inc. $YSS sold $4.54M (5th largest sale, out of 7). Dip Sell: the stock was down -42% in the previous month. This insider has sold the stock 4 times in the last 30 days.

  • Director (Otto Alexander) at Curbline Properties Corp. $CURB sold $3.87M (15th largest sale, out of 22). 1 other insider also sold the stock in the last 30 days.

  • SVP Information Technology at TTM TECHNOLOGIES INC $TTMI sold $3.72M (largest sale ever, out of 10). This decreased their listed holdings by -39%. Rip Sell: the stock was up 203% in the previous year. Their last sale was 410 days ago.

  • EVP and CFO at GREIF, INC $GEF, GEF-B sold $3.70M (largest sale ever, out of 16). This decreased their listed holdings by -15%. Rip Sell: the stock was up 20% in the previous month. 6 other insiders also sold the stock in the last 30 days.

  • Director (Fennebresque Kim S) at BlueLinx Holdings Inc. $BXC sold $2.87M (largest sale ever, out of 4). This decreased their listed holdings by -28%. Rip Sell: the stock was up 65% in the previous month. Their last sale was 1788 days ago.

  • Director (Romo Tammy) at TENET HEALTHCARE CORP $THC sold $1.95M (2nd largest sale, out of 19). This decreased their listed holdings by -20%. Rip Sell: the stock was up 27% in the previous month. 5 other insiders also sold the stock in the last 30 days.

  • SVP, Finance and CAO at CHARLES RIVER LABORATORIES INTERNATIONAL, INC. $CRL sold $1.73M (largest sale ever, out of 9). This decreased their listed holdings by -33%. Rip Sell: the stock was up 50% in the previous 3 months. Their last sale was 881 days ago. 2 other insiders also sold the stock in the last 30 days.

  • Director (PARMAR KUSH) at Entrada Therapeutics, Inc. $TRDA sold $1.08M (6th largest sale, out of 8). 1 other insider also sold the stock in the last 30 days.

  • Exec. VP & President at INTERNATIONAL PAPER CO /NEW/ $IP sold $1.01M (largest sale ever, out of 3). This decreased their listed holdings by -14%. Their last sale was 1547 days ago. 1 other insider also sold the stock in the last 30 days.

  • General Counsel at Globalstar, Inc. $GSAT sold $1.00M (largest sale ever, out of 8). Rip Sell: the stock was up 192% in the previous year. Their last sale was 517 days ago.

  • EVP - Refining and Logistics at PAR PACIFIC HOLDINGS, INC. $PARR sold $956.79K (largest sale ever, out of 3). This decreased their listed holdings by -24%. Rip Sell: the stock was up 56% in the previous 6 months.

  • and more…

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