Top insider trades (Wed, Jul 15)

Today’s Largest Unscheduled Trades

There were 84 new insider trades filed.

Another dip buy at a software company was flagged as High Signal, but it is unlikely to get added to the CEO Watcher Portfolio because we already own a bunch of software names that are more compelling at current valuations.

Our system gave a high score to 1 insider purchase (I shared our system’s notes on those in the High Scoring Purchases - Quick Notes).

We also found 1 insider purchase from an insider who averages 20%+ 1y returns.

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

Today’s largest unscheduled insider trades:

• 10% Owner (ICONIQ Strategic Partners VIII Holdings, L.P.) at Netskope Inc $NTSK purchased $3.77M (2nd largest purchase, out of 2). Rip Buy: the stock was up 41% in the previous month. 1 other insider also purchased the stock in the last 30 days.

• Director (Feidakis Georgios) at GLOBUS MARITIME LTD $GLBS purchased $602.89K. Rip Buy: the stock was up 39% in the previous 3 months.

• CEO at Navios Maritime Partners L.P. $NMM purchased $251.56K (15th largest purchase, out of 32). This insider has purchased the stock 7 times in the last 30 days. Part of a 10b5-1 plan. May be regularly scheduled weekly transaction.

• Director (Daly Joseph Patrick) at BUTLER NATIONAL CORP $BUKS purchased $131.42K (5th largest purchase, out of 43). Rip Buy: the stock was up 175% in the previous year. 1 other insider also purchased the stock in the last 30 days.

• Chief Legal & Corp Affairs Ofc at Broadcom Inc. $AVGO sold $10.03M (4th largest sale, out of 27). This decreased their listed holdings by -11%. 3 other insiders also sold the stock in the last 30 days. May be regularly scheduled weekly transaction.

• 10% Owner (Control Empresarial de Capitales S.A. de C.V.) at PBF Energy Inc. $PBF sold $5.45M (68th largest sale, out of 182). Rip Sell: the stock was up 37% in the previous month. This insider has sold the stock 6 times in the last 30 days. May be regularly scheduled weekly transaction. Large price difference: Current: $60.89 | Tx: $54.52 | Diff: (+11.69%).

• 10% Owner (SRB CORP) at SAFETY INSURANCE GROUP INC $SAFT sold $2.61M (largest sale ever, out of 7). This insider has sold the stock 2 times in the last 30 days.

• 10% Owner (BIGLARI, SARDAR) at El Pollo Loco Holdings, Inc. $LOCO sold $1.26M (23rd largest sale, out of 24). Rip Sell: the stock was up 51% in the previous 6 months. This insider has sold the stock 3 times in the last 30 days.

• Director (Mhatre Ravi) at Rubrik, Inc. $RBRK sold $330.65K (9th largest sale, out of 10). Rip Sell: the stock was up 22% in the previous month. 3 other insiders also sold the stock in the last 30 days.

• 10% Owner (Zeff Capital, LP) at BUTLER NATIONAL CORP $BUKS sold $238.62K (3rd largest sale, out of 4). Rip Sell: the stock was up 52% in the previous 6 months.

• Director (INFANTE BEATRIZ V) at PRICESMART INC $PSMT sold $156.78K (4th largest sale, out of 6).

• and more…

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