Top insider trades (Wed, May 20)

Connor’s Commentary

We are seeing a flood of compelling insider purchases as multiple industries have been sold off and have significantly above-average insider buying (software, automotive components, and professional services).

So, I added a couple of sections to this email for CEO Watcher Premium subscribers to better highlight the most interesting insider trades that come in each day.

The new High Scoring Purchases - Quick Notes section shares raw data on the insider purchases that our system ranked highly.

Here is an example for O-I Glass (OI) from today.

The High Signal Trades Notes section is similar to the above section, but I have looked into the stocks and share my notes in the Conclusion. Here is an example of the Conclusion from today’s notes on ICF International.

The new Purchases - Insiders with Good Returns section shares the insider purchases from insiders with a good track record.

Here is an example from today:

And, of course, we still have the Data Dump section at the end of the email where you can see today’s dip buys, reversals (flipping from selling to buying), industries with the most insider buying in the last 90 days, companies with the most insider buying/selling in the last 90 days, and more.

Today’s Largest Unscheduled Trades

There were 345 new insider trades filed.

2 insider trades were flagged as potentially High Signal by our system, and I shared my notes on a very interesting insider purchase at a professional services company with a growing energy business because of large tailwinds from AI data centers.

CEO Watcher Premium subs can see those further down in this email.

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 (Cynosure Group, LLC) at Black Rock Coffee Bar, Inc. $BRCB purchased $64.43M (largest purchase ever, out of 2). This increased their listed holdings by 71%. Dip Buy: the stock was down -53% in the previous month. This insider has purchased the stock 2 times in the last 30 days.

• 10% Owner (DART KENNETH BRYAN) at Flutter Entertainment plc $FLUT purchased $47.63M. Dip Buy: the stock was down -60% in the previous year. 7 other insiders also purchased the stock in the last 30 days. Is part of a dividend reinvestment.

• Director (Lott Jeff Slaughter) at EagleRock Land, LLC $EROK purchased $4.62M. 3 other insiders also purchased the stock in the last 30 days. Is part of a public offering.

• Chief Executive Officer at 51Talk Online Education Group $COE purchased $2.14M (4th largest purchase, out of 4). This insider has purchased the stock 5 times in the last 30 days. Part of a 10b5-1 plan.

• Director (Williams Gregg) at Vivani Medical, Inc. $VANI purchased $2.00M (6th largest purchase, out of 72). Is part of a purchase agreement. Appears to be regularly scheduled monthly transaction.

• Director (Nelson James Carl) at EagleRock Land, LLC $EROK purchased $1.85M. 3 other insiders also purchased the stock in the last 30 days. Is part of a public offering.

• Director (RAKOLTA JOHN JR) at AGREE REALTY CORP $ADC purchased $1.49M. 2 other insiders also purchased the stock in the last 30 days. Is part of a dividend reinvestment.

• Director (Jeffery Reuben III) at Leonardo DRS, Inc. $DRS purchased $1.07M (largest purchase ever, out of 9).

• Director (AULT MILTON C III) at UNIVERSAL SAFETY PRODUCTS, INC. $UUU purchased $1.06M. This increased their listed holdings by 21%. Rip Buy: the stock was up 45% in the previous 3 months. This insider has purchased the stock 2 times in the last 30 days.

• Director (Borba George A Jr) at CVB FINANCIAL CORP $CVBF purchased $500.00K (8th largest purchase, out of 10). This insider has purchased the stock 3 times in the last 30 days.

• See Remarks at CDW Corp $CDW purchased $499.40K. Dip Buy: the stock was down -22% in the previous month.

• CHAIRMAN, CEO & PRESIDENT at AMC ENTERTAINMENT HOLDINGS, INC. $AMC purchased $344.35K (3rd largest purchase, out of 7). This increased their listed holdings by 11%. Dip Buy: the stock was down -26% in the previous month. Reversal: they made 3 straight sales before this purchase. Their last purchase was 3169 days ago.

• Pres., CEO & Executive Chair at Claritev Corp $CTEV purchased $258.64K (largest purchase ever, out of 6). Dip Buy: the stock was down -20% in the previous month. 2 other insiders also purchased the stock in the last 30 days.

• CFO and IR Officer at StoneCo Ltd. $STNE purchased $217.16K (first-ever purchase).

• Chief Financial Officer at Cardlytics, Inc. $CDLX purchased $129.00K. This increased their listed holdings by 169%. Dip Buy: the stock was down -40% in the previous month.

• Director (Hoffman Reid) at Aurora Innovation, Inc. $AUR sold $45.54M (largest sale ever, out of 61). This decreased their listed holdings by -37%. Rip Sell: the stock was up 31% in the previous month. Their last sale was 547 days ago.

• Director (Yoshida Kenichiro) at Sony Group Corp $SONY sold $9.04M (first-ever sale). This decreased their listed holdings by -37%. 1 other insider also sold the stock in the last 30 days.

• Chief Financial Officer at DigitalOcean Holdings, Inc. $DOCN sold $3.81M (largest sale ever, out of 10). Rip Sell: the stock was up 72% in the previous month. 2 other insiders also sold the stock in the last 30 days.

• Director (Lehrman Thomas D) at Ibotta, Inc. $IBTA sold $2.36M (7th largest sale, out of 13). This decreased their listed holdings by -34%. Rip Sell: the stock was up 48% in the previous 3 months. This insider has sold the stock 3 times in the last 30 days.

• Sr MD & Chief HR Officer at CME GROUP INC. $CME sold $1.75M (largest sale ever, out of 34). This decreased their listed holdings by -17%. Their last sale was 444 days ago. 1 other insider also sold the stock in the last 30 days.

• EVP and CFO at EXELIXIS, INC. $EXEL sold $1.75M (7th largest sale, out of 14). 4 other insiders also sold the stock in the last 30 days.

• President & CEO at SILICON LABORATORIES INC. $SLAB sold $1.74M (largest sale ever, out of 11). Rip Sell: the stock was up 83% in the previous 6 months.

• Director (ANDERSON ERIK J) at Callaway Golf Co $CALY sold $1.68M (2nd largest sale, out of 21). This decreased their listed holdings by -13%. Rip Sell: the stock was up 59% in the previous 6 months.

• SENIOR VICE PRESIDENT at Archrock, Inc. $AROC sold $1.26M (largest sale ever, out of 5). This decreased their listed holdings by -10%. Rip Sell: the stock was up 67% in the previous 6 months. Their last sale was 371 days ago. 1 other insider also sold the stock in the last 30 days.

• SVP, CORP. SERVICES & CLO at Helmerich & Payne, Inc. $HP sold $1.17M (2nd largest sale, out of 4). This decreased their listed holdings by -16%. Rip Sell: the stock was up 23% in the previous month.

• EVP & Chf. Customer Officer at MARRIOTT INTERNATIONAL INC /MD/ $MAR sold $1.08M (largest sale ever, out of 6). This decreased their listed holdings by -11%. 1 other insider also sold the stock in the last 30 days.

• President, Networks at NEXSTAR MEDIA GROUP, INC. $NXST sold $980.00K (largest sale ever, out of 12). This decreased their listed holdings by -30%. Their last sale was 641 days ago. 1 other insider also sold the stock in the last 30 days.

• President and Chairman at OFF THE HOOK YS INC. $OTH sold $963.20K (first-ever sale). Dip Sell: the stock was down -21% in the previous month. Reversal: they made 1 straight purchases before this sale. 1 other insider also sold the stock in the last 30 days.

• and more…

The rest of this email is for premium subscribers only.

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:

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

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