Top insider trades (Wed, May 6)

Connor’s Commentary

There were 282 new insider trades filed.

1 insider trade was flagged as High Signal, and I shared my notes on why I passed on Sportradar Group (SRAD) even though 7 insiders were buying the dip.

CEO Watcher Premium subs can see those in the Trade Notes section of this email (just scroll down).

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 (REYNOLDS MARSHALL T) at First Guaranty Bancshares, Inc. ($FGBI) purchased $1.00M total, which increased their listed holdings by 5.09%. This is their 1st largest purchase out of 6 all time. 3 insiders have made 3 total purchases at this company in the last 30 days.

• Director (KRAEMER HARRY M JANSEN JR) at Option Care Health, Inc. ($OPCH) purchased $783.77K total, which increased their listed holdings by 8.86%. This is their 8th largest purchase out of 9 all time. 3 insiders have made 3 total purchases at this company in the last 30 days. Buying the dip (stock was down -28.81% in the week before the purchase).

• Director (Robusto Dino) at LOEWS CORP ($L) purchased 5,000 shares at $105.44/share ($527.20K total), which increased their listed holdings by 2,127.66%. This is their 1st largest purchase out of 2 all time.

• Chief Executive Officer at WILLIS TOWERS WATSON PLC ($WTW) purchased 2,000 shares at $255.08/share ($510.16K total), which increased their listed holdings by 1.73%. Is a reversal (they previously made 4 total sales over 3370 days before this purchase).

• Director (Breber Pierre R) at CLOROX CO /DE/ ($CLX) purchased 5,000 shares at $85.82/share ($429.12K total), which increased their listed holdings by 38.46%. This is their 3rd largest purchase out of 5 all time.

• Executive Chairman at ALEXANDRIA REAL ESTATE EQUITIES, INC. ($ARE) purchased 10,000 shares at $41.02/share ($410.20K total), which increased their listed holdings by 1.78%. This is their 4th largest purchase out of 6 all time. 2 insiders have made 2 total purchases at this company in the last 30 days.

• Chief Financial Officer at Tenable Holdings, Inc. ($TENB) purchased 12,000 shares at $21.54/share ($258.48K total), which increased their listed holdings by 64.72%.

• CEO and CFO at Mountain Crest Acquisition 6 Corp. ($MCAH) purchased 50,000 shares at $10.00/share ($250.00K total), which increased their listed holdings by 1.69%. This is their 3rd largest purchase out of 4 all time.

• Director (MacLennan David) at CATERPILLAR INC ($CAT) purchased 250 shares at $876.84/share ($219.21K total), which increased their listed holdings by 3.14%.

• Director (MacLennan David) at ECOLAB INC. ($ECL) purchased 800 shares at $256.91/share ($205.53K total), which increased their listed holdings by 2.89%. This is their 1st largest purchase out of 24 all time.

• Director (Dingemans Simon) at Avantor, Inc. ($AVTR) purchased 25,000 shares at $8.14/share ($203.50K total), which increased their listed holdings by 401.61%.

• Director (Cohn Matthew) at Bancorp, Inc. ($TBBK) purchased 2,500 shares at $59.52/share ($148.80K total), which increased their listed holdings by 1.08%. This is their 6th largest purchase out of 31 all time.

• Chief Accounting Officer at FIRST BUSEY CORP /NV/ ($BUSE) purchased 5,000 shares at $25.90/share ($129.51K total), which increased their listed holdings by 21.24%. This is their 1st largest purchase out of 3 all time

• Director (Puckett A. Lynne) at MARKEL GROUP INC. ($MKL) purchased 57 shares at $1,795.53/share ($102.35K total), which increased their listed holdings by 3.24%. This is their 2nd largest purchase out of 10 all time.

• Director (TUCHMAN MARTIN) at FTAI Aviation Ltd. ($FTAI) sold 254,260 shares at $242.01/share ($61.53M total), which decreased their listed holdings by -16.97%. This is their 1st largest sale out of 2 all time. Selling the rip (stock was up 171.06% in the year before the sale). Is a reversal (they previously made 12 total purchases over 3465 days before this sale).

• Director (Gross Bradley J.) at Stagwell Inc ($STGW) sold 2,163,790 shares at $6.04/share ($13.07M total), which decreased their listed holdings by -99.60%. This is their 4th largest sale out of 5 all time.

• President and CEO at Chefs' Warehouse, Inc. ($CHEF) sold 125,000 shares at $78.00/share ($9.75M total), which decreased their listed holdings by -5.26%. This is their 2nd largest sale out of 6 all time. Selling the rip (stock was up 35.22% in the month before the sale).

• Chief Accounting Officer at GOLDMAN SACHS GROUP INC ($GS) sold 10,301 shares at $929.17/share ($9.57M total), which decreased their listed holdings by -61.91%. This is their 1st largest sale out of 7 all time. 4 insiders have made 5 total sales at this company in the last 30 days. Selling the rip (stock was up 65.17% in the year before the sale).

• Chairman at BOYD GAMING CORP ($BYD) sold 100,000 shares at $84.49/share ($8.45M total), which decreased their listed holdings by -0.76%. This is their 3rd largest sale out of 63 all time.

• CLO and CAO at Acadian Asset Management Inc. ($AAMI) sold 100,000 shares at $66.97/share ($6.70M total), which decreased their listed holdings by -57.52%. This is their 1st largest sale out of 1 all time. Selling the rip (stock was up 138.22% in the year before the sale).

• Director (Gantt Greg C) at OLD DOMINION FREIGHT LINE, INC. ($ODFL) sold 22,107 shares at $191.52/share ($4.23M total), which decreased their listed holdings by -19.93%. This is their 2nd largest sale out of 5 all time.

• Chairman of the Board and CEO at GOLDMAN SACHS GROUP INC ($GS) sold 3,470 shares at $930.70/share ($3.23M total), which decreased their listed holdings by -2.21%. This is their 7th largest sale out of 24 all time. 4 insiders have made 5 total sales at this company in the last 30 days. Selling the rip (stock was up 65.17% in the year before the sale).

• Executive Vice President at NUCOR CORP ($NUE) sold 12,888 shares at $226.00/share ($2.91M total), which decreased their listed holdings by -12.56%. This is their 1st largest sale out of 10 all time. 3 insiders have made 3 total sales at this company in the last 30 days. Selling the rip (stock was up 31.69% in the month before the sale).

• Chief of Global Operations at WESTERN DIGITAL CORP ($WDC) sold 4,674 shares at $443.19/share ($2.07M total), which decreased their listed holdings by -4.93%. This is their 4th largest sale out of 6 all time. 3 insiders have made 3 total sales at this company in the last 30 days. Selling the rip (stock was up 53.56% in the month before the sale).

• President, A&T at CONSTELLIUM SE ($CSTM) sold 50,000 shares at $31.92/share ($1.60M total), which decreased their listed holdings by -25.75%. This is their 2nd largest sale out of 2 all time. 3 insiders have made 3 total sales at this company in the last 30 days. Selling the rip (stock was up 26.96% in the month before the sale).

• and more…

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