Calumet Specialty Product Partners LP – (CLMT, +1, August 15th) Stephen Mawer (Executive Chairman and Director since 2016, former CEO) purchased 9,251 shares on August 12th at $16.11, spending $149,000 and increasing his holdings to 137,233 shares. This is Mawer’s largest purchase and first since 2017 when he bought shares at $3.90. His prior purchases […]
Parsons Corp – (PSN, +1, August 9th) George Ball (Non-Executive since 2022, joined 1995) purchased $2.9 million of stock at $41.50 on August 5th, increasing his holding by 25%. This is his largest purchase and the highest price he has paid. His track record as a buyer on his 6 previous purchases since May 2019 […]
Prog Holdings Inc – (PRG, +1, August 5th) Curtis Doman (Chief Innovation Officer since 2020, joined 1999) purchased $962,500 of stock at $19.25 on August 3rd, increasing his holding by 23%. He has been a rare buyer with only one previous purchase of $71,246 going back to March 2016. This new purchase is much larger […]
Texas Capital Bancshares Inc – (TCBI, +1, July 27th) We ranked this stock +1 in October 2021 based on a cluster of buyers, including Julie Anderson (CFO since 2017), Robert Stallings (Director since 2001), David Huntley (Director since 2018) and Larry Helm (Chair, joined 2006), all around $60 per share. The stock has moved lower […]
Rocket Companies Inc – (RKT, +N, July 21th) Jay Farner (CEO and Vice Chairman, since 2020) has purchased $14.7 million of stock since April 2022 at an average price of $8.55, doubling his holdings to 3.5 million shares. These purchases have been under a 10b5-1 plan, established on Feb. 28, 2022, with his first purchase […]
MSC Industrial Direct Co inc – (MSM, +1, July 15th) Mitchell Jacobson (Chairman since 1998, CEO from 1995-2003) purchased 200,000 shares at $72.25 on July 13th, spending $14.45 million. Whilst modest relative to his 12.3m shareholding (6.3m A shares and 6m B shares) he has been a rare buyer with only two previous purchases since […]
Highpeak Energy Inc – (HPK, +1, July 6th) Steven Tholen (CFO since 2019) purchased $246,000 of stock on the 1st July at $24.65, increasing his holding by 67%. This is a notable purchase. The company was formed via a SPAC merger between Highpeak Energy (where Tholen was CFO) and Pure Acquisition in July 2020. The […]
Chesapeake Energy Corp – (CHK, +1, June 29th) Between June 16th and June 27th, the CEO, the COO, and the Chairman purchased a total of $996,553 of stock at an average price of $81.94. They are the first buyers since the company emerged from bankruptcy in February 2021. Domenic Dell’osso (CEO since 2021, CFO 2010-2021) […]
Vistra Corp – (VST, +1, June 21st) Brian Ferraioli (Non Executive since 2017) purchased $181,000 of stock on the 17th June at $22.50, increasing his holding by 12%. His record in the stock is good, most notably a series of buys he made during 2020-21 at relatively depressed prices, most recently buying stock at $15.89 […]
Avis Budget Group Inc – (CAR, +1, June 15th) Bernardo Hees (Executive Chairman since 2020) has now spent $15 million purchasing shares over the past month. We upgraded the stock to +N on May 23rd after his first $5 million purchase at $189. He subsequently made two additional $5 million purchases, on May 24th at […]
Nextera Energy Inc – (NEE, +1, June 6th) Eric Silagy (Chairman, President and Chief Executive Officer, Florida Power & Light Company since 2012) purchased 13,128 shares on June 2nd at $76.45, spending $1 million and increasing his holdings by 6% to 250,000 shares. Silagy has been CEO of FPL for over 10 years and this […]
Agilon Health Inc – (AGL, -1, May 31st) Michael Smith (Director since 2017; Co-founder Cardinal Equity Fund, former CFO Anthem) sold 145,874 shares on May 25th at $19.53, cutting his holdings in half to 163,118 shares. This is Smtih’s first sale in the shares, and it is concerning to see him abruptly sell half his […]
Middleby Corp – (MIDD, +1, May 26th) Nassem Ziyad (Director since 2017) purchased $276,000 worth of stock on May 24th at $135.83, increasing his holdings by 23% to 10,845 shares. This is Ziyad’s largest purchase and two years after a timely buy in March 2020 at $73. We ranked this stock +N on May 17th […]
Jackson Financial Inc (JXN US, +1, May 18th) On May 11th the company reported their financial results and from May 13-16 four insiders have purchased a total of $1 million worth of stock at prices ranging from $30-32. The buyers include Laura Prieskorn (CEO, spending $150,000), Devhumar Ganguly (COO, spending $306,000), and Carrie Chelko (GC, […]