Smart Insider
Company ‘insiders’ can offer valuable clues to future share performance but investors can’t follow every trade. Identifying the ‘Smart Insiders’ through specialist desktop or quant feeds helps our clients achieve outperformance.
Desktop Service
Better data usually means less of it, not more. By customising delivery right down to user level we ensure that the frequency of delivery and alerts gives our subscribers the facts they need tailored to their investment process. Desktop alerts draw attention to key trades and give users the ability to look behind the headline data with comprehensive filtering and display tools. Every client is different so users can specify the method, timing and frequency of data delivery as well as define the stock universe which matters to them.
Signals Service
Our Signals service starts with our senior analysts getting hands-on with the data. Experienced minds review the data as a team throughout the day uncovering stocks where director trading patterns are most likely to indicate future share-price performance. Ideas and convictions are scrutinised before the team reach a view on companies by looking at trades by individual directors or multiple board members. The conclusions comprise our signals data along with commentary on why each conclusion has been reached.
Where stocks meet individual clients’ investment criteria the signals are communicated in a way that suits their work-flow. Bespoke services can include bespoke analysis of a client portfolio or other stocks of interest. Signals data does not include recommendations to Buy or Sell and stocks.
Quantitative Delivery
With around three million transaction records growing by 1,000 per day, our global insider transaction database dates back to the mid 1990’s in some markets. Each transaction has been scrutinised by our production analysts ensuring consistency, accuracy, and timeliness. Data is processed under consistent criteria using bespoke software tools and secondary data sources to ensure records are accurate and complete.
Whilst clients demand high standards of accuracy, data in itself is not the ultimate goal. Our historic data has a proven track record in giving signals which help clients improve their investment decisions. Coupling Investment grade insider data with more traditional data sets such as fundamentals, news flow, or broker estimates can lend weight to stock sentiment or identify new stock opportunities. Our clients use a variety of features within the data itself to test different hypotheses and can build their own algorithms based on conclusions from historical testing. Our operations staff are on hand to help with this by providing pointers to help with historical analysis, or delivering data derived on bespoke algorithms as required by each client.
Buybacks
Our Company buyback data tracks and analyses the amount and value of shares bought back by listed companies. Covering every market where buybacks 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 noise offering clients concise, timely buyback 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 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
$SMAR ranked positive on Jan 12th, 2022
Smartsheet Inc – (SMAR, +1, Jan 12th)
James White (Director since 2014) purchased 150,000 shares on January 7th at $63.07, spending $9.5 million. Despite being on the board for seven years this is his first purchase. The purchase is indirect for a Ltd. Partnership for which White is a trustee. White was a Managing Director at Sutter Hill Ventures until he retired in 2020 and prior to that held senior positions at Macromedia, Silicon Graphics and HP. We ranked this stock +N on December 15th based on a $1.1 million purchase from Matthew Mcilwain (Director since 2007) at $70.88.
After Smartsheet insider trading, we are upgrading the stock further, from +N to +1.
Check our Signals Performance and if you want to know more about this Signals Service by Smart Insider, please, email us at sales_admin@smartinsider.com or fill in the Contact Us form here.
$BBIO ranked positive on Jan 4th, 2022
Bridgebio Pharma Inc – (BBIO, +N, Jan 4th) – Six Non-Executives bought a total of $2.8 million of stock across a series of
purchases on the 29th and 30th December at approx $14. In each case, this is their first purchase in the stock having joined the
board in 2020 or 2021 (James Momtazee is the exception, he joined in 2016). The shares have been extremely weak since
disappointing clinical trial results in December 2021. Whilst this is likely a coordinated set of purchases and we would like to see
executives join the buying, this is still a meaningful cluster of purchases.
