Asana announced record Q2 results last week resulting in strong share price performance. We originally positively ranked the stock on the 10th of June on buying from Dustin Moskovitz CEO and the shares are now up over 100% since we ranked it. This is what we said when we ranked the stock in June: Dustin […]
Reshma Kewalramani (Vertex Pharmaceutical Inc CEO since 2020, joined 2018) purchased $2.0 million of stock on the 19th August at $195.65, increasing his holding by 16%. This is a notable trade as it is his first buy since joining the company and he has been a regular seller of options and stock via 10b5-1 program […]
Insider Observations The pace of insider buying slowed this past week from 23rd to 27th August 2021, however insider sentiment remains neutral with five sells for every four buy trades. We reviewed far fewer interesting buys, likely a combination of higher stock prices (Russell 2000 +5% on the week, S&P 500 +1.5%), buyer fatigue, early […]
Parsons Corp – (PSN, +1, Aug 19th) George Ball (CFO since 2008) purchased $874,000 of stock on the 16th August at $34.95, increasing his holding by 14%. His 3 previous buys since the company’s IPO in May 2019 at $27 have been well timed, most recently buying at $30.25 in November 2020. His record at […]
Insider Observation Insiders (senior management and execs trading shares in their companies) in the U.S. are keeping us busy, especially those filling out the green order tickets. We upgraded 19 stocks where we see notable insider activity, with no downgrades. To come up with those 19 newly ranked stocks we analyzed approximately 150 insider purchases […]
It was a busy week for insider (senior management and execs trading shares in their companies) activity in the US, Insider Sentiment remained neutral with 1.4 Sells to every buy, we found far more interesting insider purchases than we did sales. We upgraded 18 stocks this week where we see notable insider activity. This is […]
Louisiana Pacific Corp – (LPX, +1, Aug 10th) Two Louisiana Pacific Corp insiders were trading stocks recently. Stephen Macadam (Director since 2019) purchased $104,000 worth of stock on August 9th at $56.24, increasing his holdings by +6% to 30,398 shares. This is Macadam’s fourth purchase and follows very timely purchases in May 2020 at $21 […]
Three HMST US insiders were trading stocks recently. Douglas Smith (Non-Executive since 2012) purchased $389,099 of stock at $38.46 on August 3rd, increasing his holding by 11%. This is his largest acquisition since he subscribed for $1 million of stock in February 2012 on the IPO. This is also the highest price he has paid. […]
CCI.US insider trading stocks J Martin (Chairman since 2002) purchased 11,200 shares at $191.51 on July 26th, spending $2.1 million and increasing his holding by 6%. He qualifies as a “Smart Buyer” with an almost perfect record of 9 timely purchases out of 10 since he started buying in June 2002. This purchase is notable as […]
Garry Ridge (Chair and CEO since 2019, joined 1997) sold $11.9 million of stock on the 21st July at $248.46, reducing his holding by 42% (which includes outstanding RSUs). Whilst he has regularly sold stock post option exercise, this is his first clean sale since 2013 and by far his biggest sale. Whilst the shares […]
Arthur Wolcott (Founder and Chairman since 1949) purchased $171,000 of stock across 3 purchases in June 2021 at an average price of $49.61, increasing his stake of Class B shares by 18%, he also owns a similar number of Class A shares (which have 1/20th of a vote). Despite his remarkably long tenure we only […]
DXP Enterprises – (DXPE, +1, June 25th) – David Little (CEO and Chairman since 1986) purchased 30,021 shares on June 18th at $28.67, spending $861,000. This is his first purchase since 2017, and his largest purchase in the shares. Since 2002 he has purchased the shares on 10 prior occasions and has a very good […]
Euronet Worldwide – (EEFT, +1, June 17th) – Jeannine Strandjord (Non-Executives since 2001) purchased $171,000 of stock on the 15th June at $146.50, increasing her holding by 2%. She is a rare buyer (only 3 previous purchases despite a long tenure) and qualifies as a “Smart Buyer” for her excellent record at Euronet and her […]
Asana Inc – (ASAN US, +1, June 10th) – Dustin Moskovitz (Co-founder, Chairman and CEO since 2008) purchased $19.7 million of stock on the 8th June at $39.49, increasing his stake by 10%. the purchase was via a program buy. The company went public via a direct listing in Sept 2020 at which point Moskovitz […]