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Top insider trades (Wed, Dec 13)
This is CEO Watcher Premium. As a premium member, you get the top CEO Trades as soon as they happen.
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Today we found:
A Director at $MACK bought $1.3M of stock and an 80%+ win rate
The CTO at Fortinet sold $1.3M of stock (the stock goes down 97% of the time they sell)
and more…
Thanks for reading!
Connor
Top Purchases
The top purchases made by insiders yesterday. Remember, returns and win rates are calculated using the previous purchase trades by the insider.
Director at Gold Flora Corp. ($GRAM)
The Director purchased 35,371 shares at $0.11/share ($3,749.33 total) which increased their holdings by 60.6%. The current price is $0.13 (+20.3%). (trade link)
Historic Returns
1m returns: 150% weighted | 22% median | 100% win rate (4/4)
3m returns: 574% weighted | 16% median | 100% win rate (4/4)
6m returns: 333% weighted | 16% median | 100% win rate (4/4)
1y returns: 139% weighted | 34% median | 100% win rate (4/4)
Director at MERRIMACK PHARMACEUTICALS INC ($MACK)
The Director purchased 101,050 shares at $12.85/share ($1.30M total) which increased their holdings by 6.2%. The current price is $13.21 (+2.8%). (trade link)
Historic Returns
1m returns: 12% weighted | 6% median | 94% win rate (16/17)
3m returns: 12% weighted | 8% median | 82% win rate (14/17)
6m returns: 23% weighted | 17% median | 81% win rate (14/17)
1y returns: 44% weighted | 31% median | 82% win rate (9/11)
Top Sales
The top sales made by insiders yesterday. Remember, returns and win rates are calculated using the previous sell trades by the insider. For sell transactions, “win rate” is the percent of profitable trades. If the “win rate” is low, that means the stock typically falls after the insider sells.
VP, Engineering & CTO at Fortinet, Inc. ($FTNT)
The VP, Engineering & CTO sold 25,885 shares at $51.29/share ($1.33M total) which decreased their holdings by 0.1%. The current price is $55.04 (+7.3%). (trade link)
Historic Returns
1m returns: -72% weighted | -79% median | 3% win rate (2/59)
3m returns: -71% weighted | -77% median | 3% win rate (2/59)
6m returns: -67% weighted | -75% median | 3% win rate (2/59)
1y returns: -73% weighted | -72% median | 2% win rate (1/56)
10% Owner at Coinbase Global, Inc. ($COIN)
The 10% Owner sold 97,836 shares at $135.70/share ($13.28M total) which decreased their holdings by 10.4%. The current price is $138.02 (+1.7%). (trade link)
Historic Returns
1m returns: -20% weighted | -20% median | 14% win rate (3/21)
3m returns: -34% weighted | -33% median | 10% win rate (2/21)
6m returns: -43% weighted | -39% median | 5% win rate (2/21)
1y returns: -72% weighted | -76% median | 0% win rate (0/21)
Note: Part of a 10b5-1 plan initialized in August
10% Owner at BEACON ROOFING SUPPLY INC ($BECN)
The 10% Owner sold 5,000,000 shares at $79.73/share ($398.65M total) which decreased their holdings by 48.9%. The current price is $80.88 (+1.4%). (trade link)
Historic Returns
1m returns: -14% weighted | -12% median | 0% win rate (0/4)
3m returns: -16% weighted | -17% median | 0% win rate (0/4)
6m returns: -35% weighted | -25% median | 0% win rate (0/4)
1y returns: -18% weighted | -19% median | 0% win rate (0/2)
10% Owner at GAP INC ($GPS)
The 10% Owner sold 1,500,000 shares at $21.59/share ($32.39M total) which decreased their holdings by 35.1%. The current price is $21.30 (-1.3%). (trade link)
Historic Returns
1m returns: -19% weighted | -21% median | 0% win rate (0/6)
3m returns: -21% weighted | -20% median | 0% win rate (0/6)
6m returns: -27% weighted | -29% median | 0% win rate (0/6)
1y returns: -32% weighted | -32% median | 0% win rate (0/6)
Chief Legal&Compliance Officer at GAP INC ($GPS)
The Chief Legal&Compliance Officer sold 24,178 shares at $21.50/share ($520K total) which decreased their holdings by 49.8%. The current price is $21.30 (-0.9%). (trade link)
Historic Returns
1m returns: -11% weighted | -10% median | 7% win rate (1/14)
3m returns: -5% weighted | -10% median | 21% win rate (3/14)
6m returns: -16% weighted | -28% median | 21% win rate (3/14)
1y returns: -25% weighted | -46% median | 14% win rate (2/14)
Note: Part of 10b5-1 initiated in August
Biggest Holdings Increases
The largest buys based on how much the insider increased their holdings.
Director at NEXTERA ENERGY INC ($NEE) purchased 8,500 shares at $59.59/share ($507K total) which increased their holdings by 281.2% (link)
Director at Generation Bio Co. ($GBIO) purchased 8,000 shares at $1.79/share ($14,339.12 total) which increased their holdings by 172.5% (link)
See Remarks at Duckhorn Portfolio, Inc. ($NAPA) purchased 5,000 shares at $8.99/share ($44,942.50 total) which increased their holdings by 100.0% (link)
EVP, Chief Financial Officer at BayFirst Financial Corp. ($BAFN) purchased 100 shares at $11.19/share ($1,119.00 total) which increased their holdings by 100.0% (link)
Director at Gold Flora Corp. ($GRAM) purchased 35,371 shares at $0.11/share ($3,749.33 total) which increased their holdings by 60.6% (link)
Director at CHART INDUSTRIES INC ($GTLS) purchased 400 shares at $126.88/share ($50,753.20 total) which increased their holdings by 51.5% (link)
Biggest Holdings Decreases
The largest sells based on how much the insider decreased their holdings.
Director at Bakkt Holdings, Inc. ($BKKT) sold 575,786 shares at $1.81/share ($1.04M total) which decreased their holdings by 100.0% (link)
Director at CymaBay Therapeutics, Inc. ($CBAY) sold 6,000 shares at $20.07/share ($120K total) which decreased their holdings by 100.0% (link)
Vice President & Controller at PACCAR INC ($PCAR) sold 4,110 shares at $84.84/share ($349K total) which decreased their holdings by 100.0% (link)
Chief Medical Officer at Cerevel Therapeutics Holdings, Inc. ($CERE) sold 10,000 shares at $41.37/share ($414K total) which decreased their holdings by 100.0% (link)
10% Owner at Core & Main, Inc. ($CNM) sold 20,375,700 shares at $35.54/share ($724.15M total) which decreased their holdings by 100.0% (link)
VP of Finance & CAO at Fresh Tracks Therapeutics, Inc. ($FRTX) sold 74 shares at $0.91/share ($67.34 total) which decreased their holdings by 100.0% (link)
10% Owner at Altair Engineering Inc. ($ALTR) sold 4,564 shares at $71.58/share ($327K total) which decreased their holdings by 100.0% (link)
10% Owner at Altair Engineering Inc. ($ALTR) sold 4,564 shares at $71.58/share ($327K total) which decreased their holdings by 100.0% (link)
Chief Executive Officer at indie Semiconductor, Inc. ($INDI) sold 150,000 shares at $7.48/share ($1.12M total) which decreased their holdings by 83.7% (link)
EVP, Chief People Exp. Officer at Gogo Inc. ($GOGO) sold 86,292 shares at $10.26/share ($885K total) which decreased their holdings by 68.6% (link)
Vice President and Controller at TELEDYNE TECHNOLOGIES INC ($TDY) sold 5,389 shares at $409.52/share ($2.21M total) which decreased their holdings by 51.9% (link)
Largest Buys
The largest insider buys based on dollar value.
Chief EV, Digital & Design Off at FORD MOTOR CO ($F) purchased 182,000 shares at $11.05/share ($2.01M total) which increased their holdings by 33.8% (link)
Director at MERRIMACK PHARMACEUTICALS INC ($MACK) purchased 101,050 shares at $12.85/share ($1.30M total) which increased their holdings by 6.2% (link)
CHIEF EXECUTIVE OFFICER at UNION PACIFIC CORP ($UNP) purchased 4,500 shares at $222.00/share ($999K total) which increased their holdings by 742.0% (link)
Director at Y-mAbs Therapeutics, Inc. ($YMAB) purchased 127,549 shares at $6.98/share ($890K total) which increased their holdings by 2.9% (link)
Director at NEXTERA ENERGY INC ($NEE) purchased 8,500 shares at $59.59/share ($507K total) which increased their holdings by 281.2% (link)
Largest Sells
The largest insider sells based on dollar value.
10% Owner at Core & Main, Inc. ($CNM) sold 20,375,700 shares at $35.54/share ($724.15M total) which decreased their holdings by 100.0% (link)
10% Owner at BEACON ROOFING SUPPLY INC ($BECN) sold 5,000,000 shares at $79.73/share ($398.65M total) which decreased their holdings by 48.9% (link)
10% Owner at Fluence Energy, Inc. ($FLNC) sold 7,087,500 shares at $22.05/share ($156.28M total) which decreased their holdings by 37.6% (link)
10% Owner at GAP INC ($GPS) sold 1,500,000 shares at $21.59/share ($32.39M total) which decreased their holdings by 35.1% (link)
Chairman, President and CEO at TELEDYNE TECHNOLOGIES INC ($TDY) sold 50,000 shares at $410.75/share ($20.54M total) which decreased their holdings by 20.3% (link)
10% Owner at Airbnb, Inc. ($ABNB) sold 117,818 shares at $140.31/share ($16.53M total) which decreased their holdings by 14.2% (link)
10% Owner at Coinbase Global, Inc. ($COIN) sold 97,836 shares at $135.70/share ($13.28M total) which decreased their holdings by 10.4% (link)
EVP, Chief Human Resources Off at MICROSOFT CORP ($MSFT) sold 24,681 shares at $369.00/share ($9.11M total) which decreased their holdings by 11.8% (link)
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