👀📈 Top Insider Trades of the Week (August 4)

Welcome to this week’s edition of CEO Watcher. We are tracking the trades of the insiders with the best historic returns so we can buy their stock when they do.

This week we found:

• A Director with 103% one-year returns buys $220k of stock

• The Chairman of the Board at SHYF is buying the dip

• 3 insiders at ADC bought the stock this week

👀 Top Insider Trades this Week

🥇 Matthew Cohn - Director at TBBK (link)

Matthew just made his 6th purchase of $TBBK stock this year and his largest purchase since November of last year. He has been buying the stock fairly regularly since November of last year and the stock keeps going up.

Historic Returns and Win Rate

• Overall: 122% returns with a 100% win rate (12/12 trades)

• 1-year: 103% returns with a 60% win rate (3/5 trades)

• 90-day: 20% returns with a 100% win rate (8/8 trades)

Purchase Data (this week)

• Total Amount Purchased: $220,688

• Purchase Price: $37.60

• Current Price: $39.74 (+6%)

Rating

• Rating: 9

• Why: The only thing holding this back is that the stock is already up 69% over the last year and almost 10x since it bottomed during the COVID crash 3 years ago. Matthew has great returns, a great win rate, a decent amount of history, and this purchase is one of his largest ever.

🥈 Jim Sharman - Chairman of the Board at SHYF (link)

Jim made his 3rd purchase ever of $SHYF and his first purchase since he bought twice in 2018 after the stock fell 30%. It again fell 30% last week after cutting guidance during its earnings call. Jim used this dip to buy up the stock.

Previous purchases

• 2018-12-11: Bought $17k and the stock was up 20% in one month and 150% in one year

• 2018-12-10: Bought $118k and the stock was up 17% in one month and 133% in one year

Historic Returns and Win Rate

• Overall: 64% returns with a 100% win rate (2/2 trades)

• 1-year: 135% returns with a 100% win rate (2/2 trades)

• 90-day: 17% returns with a 100% win rate (2/2 trades)

Purchase Data (this week)

• Total Amount Purchased: $110,345

• Purchase Price: $14.50

• Current Price: $15.68 (+8%)

Rating

• Rating: 7

• Why: The only major thing holding this score down is the lack of history. He has only made two purchases before and they were within one day of each other (so basically one purchase). However, those purchases worked out very well and this purchase looks very similar to those because he is once again buying the stock after a 30% dip.

🥉 3 Insiders Buy at ADC (link)

The Chairman of the Board, CEO, and a Director bought a combined $4.4M of the stock this week when the stock hit its yearly low

Previous Group Purchases

• 2023-05-24: 4 insiders buy $575k at $65. The stock is flat since then

• 2021-09-27: The same 3 insiders that made purchases this week bought $2M at $67. The stock went down 3% over the next 6 months.

Purchase Data (this week)

• Total Amount Purchased: $4,420,686

• Purchase Price: $63.70

• Current Price: $65.65 (+3%)

Rating

• Rating: 6

• Why: They don’t have a great track record of good returns when they make group purchases, but this is their largest group purchase ever and the stock did just hit its 52-week low. The stock also pays a 4%+ dividend which helps.