Top insider trades (Wed, Feb 18)

Connor’s Commentary

There were 198 new insider trades filed.

One insider trade was 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.

• Saba Capital buys another $9.44M of ASA Gold and Precious Metals (ASA). Largest purchase in last 6 months.

• 6 insiders at Envoy Medical (COCH) bought a combined $8M (company is only $20M). They don’t say there was an offering, but the insiders all got to buy the stock at $0.4 with warrants.

• The CEO at MSCI Inc (MSCI) bought $3.56M. The stock fell ~12% after earnings.

• A director at Klaviyo (KVYO) bought $300k (first-ever purchase). The stock is down 25% in the last month, and this is the first time the director has bought any stock in the open market (after 18 sales)

• A director at Walt Disney (DIS) bought $100k. Her only previous trade was a purchase in December of 2023 (stock was up 27% in the following year)

• Fluor Corp sells another $1.35B of Nuscale Power (SMR)

• Director at T-Mobile (TMUS) sold $120M. The stock is up 17% in the last month.

• Warburg Pincus continues to dump Banc of California (BANC) stock. They’ve now sold $645M this month

• The CEO at Hasbro (HAS) sold $19M (largest sale ever). The stock is up 75% in the last year.

• CEO at Yum China (YUMC) sold $5.74M

• CEO at Chubb Limited (CB) sold $5M. Chief Accounting Officer also sold $1.67M

• Exec Chairman at IES Holdings (IESC) sold $4.29M (23rd largest sale, out of 161). Stock is up 125% in the last year.

• Three VPs combined to sell $2.5M of BorgWarner (BWA) stock. The stock is up 100% in the last year

• and more…

Commentary

We added a couple more filters to the website, including the ability to filter by executive title and filters for some of our favorite insider trades types (like dip buys, reversals, and cluster buys).

To search/filter on the website, go to ceowatcher.com and click on the search icon in the left sidebar (or go to ceowatcher.com/search).

In the Insider Filters section, we’ve added filters for a few of the most popular executive titles.

Scroll down to the Trade Filters section, and you can now filter for new positions (first-ever trades), cluster trades, reversals, dip buys, and rip sells.

I like to exclude the low signal transactions and 10b5-1 plans as well.

Lastly, whenever you apply your filters, they get added to the url.

You can save/bookmark your URLs and then just paste them into the address bar to automatically set the filters you want to set.

So if you copy and paste the following URL into your address bar, it’ll automatically set the filters to search for the most recent CEO purchases of at least $150k.

<https://www.ceowatcher.com/search?exclude10b51=true&excludeAnomalousTransactions=false&excludeLowSignalTransactions=true&position.ceo=true&purchaseMin=150000&tradeType=purchase>

And, of course, you can set alerts for these types of insider trades to get a curated email at 6am EST with only the insider trades you care about.

Note: these are all CEO Watcher Premium features. If you upgrade to CEO Watcher Premium (link) and find that it isn’t for you, I’ll give you a refund.

keep scrolling. top trades + all of the charts and data below

CEO Watcher Premium

The rest of this email (including today’s top insider trades + all the charts and data) is for CEO Watcher Premium subscribers only. To see an example of the Premium email, click here.

Upgrade to CEO Watcher Premium at ceowatcher.com to unlock:

• The Premium daily emails

• Full access to the website, which has all insider trades back to 2009. It includes search/filters and the returns of every trade and every insider to help you find the top insider trades

• Full access to the CEO Watcher Premium Discord where I share my notes and holdings in the CEO Watcher Portfolio

• The Premium Dashboard, which has a bunch of charts/tables with insider trading data that is updated each day

If CEO Watcher Premium is not for you, I give full refunds with no questions asked.