Top insider trades (week of Apr 6)

How CEO Watcher Works

Welcome to this week’s edition of CEO Watcher.

This is the only tool that tracks the returns of insiders so we know which insider trades are worth copying.

This week was the slowest week we’ve had in a long time (and Thursday had the fewest insider purchases we have seen all year). Things always slow down during earning’s season as many executive aren’t allowed to trade until after they report earnings, but it’s possible insiders are also getting a little bit more bearish.

This week we found:

• A new CEO Watcher Premium find entered the top 10

• CEO at $SGMT bought the stock

• and more…

Have a great weekend and thanks for reading!

Connor

💰 CEO Watcher Returns

A new CEO Watcher Premium find entered the top 10 overall returns with $PAYS reaching 55% returns. Insiders with killer returns have been buying $PAYS all year and I’ve highlighted it in the CEO Watcher Premium email 4 times already: 2024-01-26, 2024-03-08, 2024-03-14, and 2024-03-19. It’s up over 45% from all of those emails.

Upgrade to CEO Watcher Premium (20% off with this link) to get all of the top insider trades as soon as they happen instead of just receiving 3 on the weekend.

👀 Top Insider Trades this Week

🥇President & CEO at Sagimet Biosciences Inc. ($SGMT)

The President & CEO purchased 12,100 shares at $5.27/share ($63,730.70 total) which increased their vested holdings by 1.9%. The current price is $5.25 (-0%). Their median purchase size is $6,560.00 and this is their 1st largest purchase out of 3 all time. (trade link)

Historic Returns
1m returns: 36% weighted | 73% median | 100% win rate (2/2)
3m returns: 86% weighted | 139% median | 100% win rate (2/2)
6m returns: N/A
1y returns: N/A

🥈 10% Owner at Clearway Energy, Inc. ($CWEN)

The 10% Owner purchased 196,964 shares at $22.86/share ($4.50M total) which increased their vested holdings by 200.4%. The current price is $23.96 (+4.8%). Their median purchase size is $2.27M and this is their 4th largest purchase out of 20 all time. (trade link)

Historic Returns
1m returns: 53% weighted | 7% median | 74% win rate (14/19)
3m returns: 55% weighted | 47% median | 84% win rate (16/19)
6m returns: 67% weighted | 186% median | 100% win rate (19/19)
1y returns: 216% weighted | 497% median | 100% win rate (19/19)

Note: 1 other insiders also purchased the stock

🥉 Director at FIVE STAR BANCORP ($FSBC)

The Director purchased 4,598 shares at $21.75/share ($100K total) which increased their vested holdings by 4.8%. The current price is $2200 (+1.1%). Their median purchase size is $272K and this is their 2nd largest purchase out of 2 all time. (trade link)

Historic Returns
1m returns: 26% weighted | 26% median | 100% win rate (1/1)
3m returns: 20% weighted | 20% median | 100% win rate (1/1)
6m returns: 37% weighted | 37% median | 100% win rate (1/1)
1y returns: 29% weighted | 29% median | 100% win rate (1/1)

Note: 5 other insiders also purchased the stock

Get the insider trades as soon as they happen

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Each morning you get an email with the best insider buys and sells.

CEO Watcher Premium perks:

• The daily CEO Watcher Premium email (sent before market open on days the market is open) with the top insider buys/sells

• The top insider buys and sells each day (ranked by the proprietary CEO Watcher ranking system)

• The biggest insider buys and sells each day (by trade size and by how much it increases/decreases the insider's holdings

Just one profitable trade will pay for a full year (or more) of CEO Watcher Premium. And, I’ll even make a deal with you. If you upgrade to CEO Watcher Premium and don’t get 10x more value than what you paid, I’ll give you your money back at any time with no questions asked.