Top insider trades (Tue, Mar 10)

Connor’s Commentary

There were 303 new insider trades filed.

4 insider trades were flagged as High Signal, and 2 were added to the CEO Watcher Portfolio. 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 (Desai Antal Rohit) at PROCEPT BioRobotics Corp $PRCT purchased $10.48M (first-ever purchase). This increased their listed holdings by 860%. Dip Buy: the stock was down -60% in the previous year. Reversal: they made 5 straight sales before this purchase.

• Vice President at Sixth Street Specialty Lending, Inc. $TSLX purchased $5.53M (largest purchase ever, out of 2). This increased their listed holdings by 11%. Their last purchase was 2925 days ago. 3 other insiders also purchased the stock in the last 30 days.

• Director (NOVAK DAVID C) at Versant Media Group, Inc. $VSNT purchased $5.27M (largest purchase ever, out of 2). This increased their listed holdings by 919%. Rip Buy: the stock was up 24% in the previous month.

• CEO at BROADRIDGE FINANCIAL SOLUTIONS, INC. $BR purchased $1.03M (first-ever purchase). Reversal: they made 21 straight sales before this purchase.

• President & CEO at ASBURY AUTOMOTIVE GROUP INC $ABG purchased $1.03M (first-ever purchase). Reversal: they made 7 straight sales before this purchase.

• CEO and President at Fidelity National Information Services, Inc. $FIS purchased $1.00M (largest purchase ever, out of 2). Their last purchase was 1112 days ago.

• Chairman and CEO at Biglari Holdings Inc. $BH purchased $999.52K (92nd largest purchase, out of 204). This insider has purchased the stock 3 times in the last 30 days.

• Director (Anderson Joel D) at Sprouts Farmers Market, Inc. $SFM purchased $339.55K (3rd largest purchase, out of 8). This increased their listed holdings by 21%. Reversal: they made 2 straight sales before this purchase. Their last purchase was 2035 days ago.

• Interim President and CEO at EXPAND ENERGY Corp $EXE purchased $215.00K (first-ever purchase). 1 other insider also purchased the stock in the last 30 days.

• President - Consumer Beauty at COTY INC. $COTY purchased $200.29K (2nd largest purchase, out of 2). Dip Buy: the stock was down -57% in the previous year. Their last purchase was 1459 days ago. 1 other insider also purchased the stock in the last 30 days.

• Director (Will W Anthony) at CF Industries Holdings, Inc. $CF sold $6.27M (6th largest sale, out of 11). This decreased their listed holdings by -29%. Rip Sell: the stock was up 37% in the previous 3 months. 7 other insiders also sold the stock in the last 30 days. Appears to be regularly scheduled weekly transaction.

• EVP, Strategy at MICROSOFT CORP $MSFT sold $5.05M (10th largest sale, out of 14).

• Director (LEACH TIMOTHY A) at CONOCOPHILLIPS $COP sold $4.75M (13th largest sale, out of 18). Rip Sell: the stock was up 11% in the previous month. Their last sale was 572 days ago.

• Director (FALBERG KATHRYN E) at Trade Desk, Inc. $TTD sold $4.66M (7th largest sale, out of 17). This decreased their listed holdings by -98%. Rip Sell: the stock was up 26% in the previous week. Their last sale was 571 days ago.

• Pres. - Connectivity Solution at BEL FUSE INC /NJ $BELFB sold $4.49M (largest sale ever, out of 2). This decreased their listed holdings by -82%. Rip Sell: the stock was up 50% in the previous 6 months. Their last sale was 3371 days ago. 2 other insiders also sold the stock in the last 30 days.

• Chairman and CEO at Cactus, Inc. $WHD sold $3.25M (10th largest sale, out of 13). This decreased their listed holdings by -20%. Their last sale was 486 days ago. 1 other insider also sold the stock in the last 30 days.

• Ex. VP and CFO at HUNTINGTON INGALLS INDUSTRIES, INC. $HII sold $1.94M (largest sale ever, out of 2). This decreased their listed holdings by -15%. Rip Sell: the stock was up 32% in the previous 3 months. Their last sale was 1840 days ago. 4 other insiders also sold the stock in the last 30 days.

• Chief Operating Officer at TYLER TECHNOLOGIES INC $TYL sold $1.91M (3rd largest sale, out of 9). This decreased their listed holdings by -40%. Their last sale was 370 days ago. 1 other insider also sold the stock in the last 30 days. Appears to be regularly scheduled yearly transaction.

• SVP, Chief HR Off. & CCO at ALTRIA GROUP, INC. $MO sold $1.89M (largest sale ever, out of 5). This decreased their listed holdings by -13%. Their last sale was 671 days ago.

• Ex VP & Chief Legal Officer at HUNTINGTON INGALLS INDUSTRIES, INC. $HII sold $1.86M (largest sale ever, out of 6). This decreased their listed holdings by -17%. Rip Sell: the stock was up 32% in the previous 3 months. 4 other insiders also sold the stock in the last 30 days.

• Director (Saintil Merline) at Rocket Lab Corp $RKLB sold $1.36M (2nd largest sale, out of 27). Rip Sell: the stock was up 35% in the previous 3 months. 4 other insiders also sold the stock in the last 30 days.

• Director (Digirolomo Enrico) at COHERENT CORP. $COHR sold $944.51K (largest sale ever, out of 4). This decreased their listed holdings by -20%. Rip Sell: the stock was up 138% in the previous 6 months. 2 other insiders also sold the stock in the last 30 days.

• EVP & President, Commercial at Elevance Health, Inc. $ELV sold $910.60K (5th largest sale, out of 5). This decreased their listed holdings by -21%. Dip Sell: the stock was down -13% in the previous month. Their last sale was 506 days ago.

• and more…

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