Carmax Inc (KMX, -N,  July 14th) Since June 28th, (AGM was on Jun 27, Q1 results Jun 23), seven key operating officers have made meaningful % sales. In most cases, these are the first sales from these executives since 2021 when the stock was at $130. Some of the sellers are exercising options, most not expiring till […]

Repay Holdings Corp (RPAY, -N,  July 7th) Shaler Alias (President since 2008, Co-founded company in 2006) sold 1.95 million shares from 15th June – 6th July at an average price US$ 7.70, raising $14.8 million and reducing his overall holding by over 50%. Whilst he is selling via a trading plan adopted in March 2023, […]

Oneok Inc (OKE, +1, June 29th) Brian Derksen (Non-Executive since 2015) purchased $292,000 of stock on the 28th June at $59.59, increasing his stake by 36%. He has timed his buys well, most notable making his largest previous buy at $22.70 in March 2020 and it’s very notable that he is now making his largest buy and […]

Lear Corp (LEA, -N, June 22nd) Raymond Scott (CEO since 2018, joined 2000) sold 16,740 shares worth $2.4 million on the 16th June at $142.80, taking his declared shareholding down to zero. Based upon the proxy he also owns 52k vestable RSUs but with a lowest exercise price of USD$140.09 they have limited value, he also […]

Autozone Inc (AZO, +1, June 16th) Michelle Borninkhof (CIO since 2021) purchased $1.1 million of stock on the 12th June at $2406.65, increasing her stake by 168%. Her only previous purchase was for $504,000 in March 2022 at $1944.66 and it’s very encouraging to see her now buying in larger size at this much higher […]

Genuine Parts Co (GPC, +1, June 6th) Robert Loudermilk (Director since 2010) purchased 2,000 shares on June 2nd at $151.75, spending $304,000 and increasing his holdings to 33,162 shares. Loudermilk has only made four other open market purchases since joining in 2010, has a good record and this buy is his second largest and 50% […]

Masimo Corp (MASI, +1, May 31st) Joe Kiani (Chair and CEO; founder in 1989) purchased 6,365 shares on May 25th, spending $1 million. The purchase just inches his holdings higher to 3.8 million shares (7.2% of the company) but follows purchases in November and December 2022 at $125 and $145, respectively. Prior to that, you […]

National Visions Holdings Inc (EYE, +1, May 25th) Randolf Peeler (Chair since 2020, joined 2014) purchased 40,000 shares on May 23rd at $25.65, spending $1 million and increasing his holdings by +27% to 192,000 shares. Peeler’s two prior purchases in the shares, August 2020 at $35 and May 2022 at $24, both preceded sharp increases […]

Cullen Frost Banker Inc (CFR, +1, May 18th) In the first half of May, two directors, the Chief Credit Officer, and the EVP-Research and Strategy purchased a combined $920,000 worth of stock at prices ranging from $95-100. Chris Avery (Director since 2015) and Jack Willome (Director since 2023) both were buyers in March when we […]

US Bancorp (USB, +1, May 10th) 4 insiders bought a total of $2.4 million of stock between 21st April – 8th May at prices ranging from $30.37-$34.14. James Kelligrew (Vice Chair from 2016-2023, joined 2009) purchased $497,000 which is a reversal from numerous sales and his first-ever purchase despite a long tenure. It is especially […]

Simmons First National Corp (SFNC, +1, May 3rd) Four insiders bought a total of $491,000 of stock between 28 April – 1st May at approximately $16.40 per share. Three of the trades appear to be especially interesting. Robert Fehlman (CEO since 2023, joined 1990) bought $198,000 of stock in only his 3rd (and largest) purchase […]

Bancfirst Corp (BANF, +1, April 27) Dennis Brand (Chairman of Executive Committee since 2017, CEO 2005-2017, joined 1002) purchased 5,000 shares on April 26th at $73.75, spending $369,000 and increasing his holdings by +13% to 43,184 shares. In this purchase he is averaging down from a $166,000 purchase in January at $83, spending twice as […]

Domo Inc (DOMO, +1 on April 18th) Daniel Daniel (Director since 2019) purchased 47,500 shares on April 13th at $14.42, spending $685,000 and more than doubling his holdings to 73,747 shares. Despite being on the board since 2019, and having a Wall Street background (currently a portfolio manager and founder at Twenty Acre Capital, former […]

We did not have any new stocks this past week due to very light insider activity, therefore for the stock of the week we are using a company we upgraded a few weeks ago, one of the stronger insider patterns in the Financial Sector added in late March (SCHW and CADE also had strong patterns). […]