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). […]
Dorian LPG Ltd (LPG, +N, April 4th) John Hadjipateras (Chair and CEO since 2013) purchased $592,000 of stock on the 31st March at $19.73, increasing his stake by 2%. This is a reversal from a sale at $13.50 in March 2021 (via a tender offer) and a much higher price than his last purchase, at […]
Genuine Parts Co (GPC, +1, Mar 30th) Paul Donahue (Chair since 2019, CEO since 2016, joined 2004) purchased 1,600 shares on March 24th at $156, spending $250,000. Despite joining the company in 2004, and a reportable insider since 2007, this is his first open-market purchase. Most of his activity up until now has been exercising […]
Berkshire Hathaway Inc (BRKB, +1, March 22nd) Gregory Abel (Vice Chairman- Non-Insurance Operations since 2018; formerly CEO BHE) purchased 55 class A shares on March 17th at $447,260 per share, spending $24.6m and taking his class A holdings to 228 shares plus the 2,363 B shares he also owns. This purchase is his second open […]
Schwab Charles Corp (SCHW, +1, March 15th) Six insiders bought a total of $4.8 million of stock on the 14th of March at approximately $57 per share. Gregory Norden (CEO since 2021, joined 2002) bought $3 million of stock. John Adams (Non-Executive since 2015) purchased $297,000 of stock in his largest buy and his first […]
Black Stone Minerals Lp (BSM, +1, March 8th) Mark Dewalch (Non-Executive since 2015) bought $543,000 of stock on the 6th of March at $15.85, increasing his holding by 12%. This is only his 3rd market purchase since 2015, his first purchase since 2019, and his largest buy so far – his previous largest buy was […]
Twilio Inc (TWLO, +1, February 28th) Jeff Lawson (Co-Founder, Chairman & CEO) purchased 158,081 shares on February 24th at $63.26, spending $10 million. Whilst modest relative to his holdings of 5.9 million shares, it is notable as a reversal from a series of sales, most recently at $264 in January 2022. His only previous buy […]
Insider sentiment is turning bearish (30-day S/B Ratio 2.1) as selling outpaces buying by 2.5 to 1 this past week. However, there are still opportunities for investors as we’ve upgraded three stocks, including a waste management company (RSG +N), an energy producer (COP +N), and a computer hardware company (NSIT +1), with insider buying in the latter while it’s near a multi-year […]
Insight Enterprises (NSIT, +1, Feb 21th) Timothy Crown (Co-Founder, Chair since 2005, CEO 1994-2005) purchased $127,000 of stock on the 16th of February at $127.32, increasing his stake by 1%. Whilst relatively modest in size to his holdings and his historic sales, It is however notable as only his 3rd ever purchase despite a very […]