Although company ‘Insiders’ can offer valuable clues related to future share performance, investors are unable to monitor all the relevant trades. Identifying ‘Smart Insiders’ through specialist desktops or quantitative feeds enables our clients to generate alpha.
When it comes to data, we deem quality to be more important than quantity. By customising our delivery service of insider trades according to our clients’ preferences we ensure that our alerts display the most pertinent information. Desktop alerts highlight key trades and allow clients to look behind mere headline content, with access to comprehensive filtering and display tools. Since clients’ preferences vary, we can adjust the method, timing and frequency of insider data delivery they wish to receive as well as define the stock universe which matters most to them.
Our Signals service begins with our senior analysts reviewing the insider data. Experienced minds examine the information as a team, throughout the day, with the objective of uncovering stocks where director trading patterns are most indicative of future share price performance. Ideas and convictions are scrutinised, by examining trades made by individual directors or multiple board members, prior to the team reaching a consensus on a company. The conclusions include our insider signals data along with a commentary on why such assessments have been made.
With approximately three million insider transaction records, increasing by 1,000 each day, our global insider transaction database traces back to the mid-1990s in several markets. Each transaction has been scrutinised by our production analysts in order to ensure suitable consistency, accuracy, and timeliness. Data is processed according to specific criteria and using bespoke software tools and secondary data sources, in order to ensure that our records are as accurate and complete as possible.
Our Company buyback data tracks and analyses the amount and value of shares bought back by listed companies. Covering every market where share repurchases are reported, our global offering also includes ‘Buyback Intentions,’ which are the announcements made before buybacks are executed. Our reports and alerts cut through the statistical noise in order to provide our clients concise, timely corporate share repurchases data tailored to their stock universe.
Politician Stock Trading
Transparency guidelines in the US require Congressmen and Senators to publish details of their trades in company shares globally. Though less stringent than regulations for company insiders the politicians’ stock trading data shows which politicians have a vested interest in certain stocks and provides insight into where positions have increased or reduced.
Stock of the Week
Element Solutions Inc – (ESI, +1, November 16th) Sir Martin Franklin (Executive Chair since 2019, founder) purchased 902,000 shares, spending $17.2 million on the 15th of November at $19.07, increasing his stake to over 15 million shares. This latest purchase is going into a charitable foundation. His last purchase was…
WillScot Mobile Mini Holdings Corp (WSC, +1, Nov 8) Bradley Soultz (CEO since 2017, joined 2014) purchased 5,000 shares on November 7th at $46.88, spending $234,000 and increasing his holdings to 431,683 shares. Despite joining the company in 2014, this is just his third purchase and trade in the stock….
Biohaven Ltd – (BHVN, +1, November 1st) We ranked this stock +N on October 7th based on purchases of $5 million from Vladimir Coric (CEO since 2022) at $10.31, and $2.5 million from John Childs (Director since 2022) at $8.98. This entity was spun-out of Pfizer in July 2022 after…