Velodyne Lidar Inc – (VLDR US, -1, June 2nd) – Joseph Culkin (Chairman since Feb. 2021) sold 1.4 million shares on May 27th at $10.08, reducing his holdings to 10.5 million shares. This is his first sale in the stock. Joseph Jellen (Chief Strategy Officer) sold 280,000 shares on May 25th at $10.37, reducing his […]
Franchise Group (FRG +1, May 25th) – Brian Kahn (CEO since 2019) purchased 1million shares at $36 on the 21st of May. His total ownership prior to this trade was 11.3 million shares (28% of the company) primarily through his holding Vintage Capital, although this purchase is direct. His record so far is strong with […]
Cable One (CABO, +1, May 19th) – Steven Cochran (CFO since 2018) purchased $1 million of stock on the 17th May at $1725.83, increasing his holding by 29%. His previous two buys were well timed at $873 in Nov 2018 and $1221 in March 2020 and this trade is approx. 3x the size of either […]
Activision Blizzard Inc – (ATVI, +1) – Peter Nolan (Director since 2013) purchased 20,000 shares on May 10th at $95.07, spending $1.9 million. This is his sixth purchase since 2004 and he has a great record in this stock, easily qualifying as a “Smart Buyer”. His last purchase was $4.3 million in March 2019 at […]
Trupanion Inc – (TRUP, +1) – Robin Ferracone (Non-Executive since 2014) purchased $1.4 million of stock on the 4th May, increasing her holding by 37%. She also on the 5th of May exercised options over 65,000 shares at $10.41 at a cost of $678,000. Her track record as a buyer over her previous 5 purchases […]
CVS Group performed strongly on Friday as it announced it was trading ahead of expectations. The shares are up 20% since we positively ranked them less than a month ago on management buying. This is what we said: Richard Connell (Chairman since 2007) purchased 5,000 shares on April 6th at £18.08, spending £90,000 and increasing […]
Texas Capital Bancshares – (TCBI, +N) – Robert Stallings (Non-Executive since 2001) purchased $325,000 of stock on the 23rd April at $64.98, increasing his stake by 33%. Despite his long tenure he has only bought stock twice before in the company, in October and November 2020 at $43.66 and $52.65 respectively. We ranked the stock […]
Alliance Data Systems performed strongly yesterday as a result of very positive Q1 results. The shares are now up over 50% since we positively ranked them on management buying on the 3rd February. This is what we said: John Gerspach (Non-Executive since 2020) purchased $411,000 of stock on the 1st February at $68.46, increasing his […]
Mack Cali Realty – (CLI, +N) – Akiva Katz (Non-Executive since 2020) purchased $15.5 million of stock across 3 trades in March and April at $15.20, increasing his stake by 40%. The purchases are indirect on and behalf of Bow Street LLC. Bow St took control of the board in June 2020 with the election […]
Landec Corp – (LNDC, +1) – The company reported Q3 results on April 7th, and a week later a cluster of 4 insiders made purchases. Nelson Obus (Director since 2018) purchased $2.4 million worth of shares, indirect for Wynnefield Captial, taking his holdings to 3.1m shares (10% of the company). This is his largest open […]
William Penn Bancorporation – (WMPN, +1) – Four insiders have purchased shares in the past few days in this 150-year-old community bank, just after the bank completed a second-step conversion offering on March 24th at $10 per share. On the offering, seven directors and the CEO purchased a total of 83,124 shares at $10. After […]
Rent A Center Inc – (RCII, +1) – Jeffrey Brown (Chairman since 2019, joined 2017) purchased US$1.5 million worth of stock on February 26th at $55.56, more than doubling his holdings to 47,765 shares. Brown’s only other purchase in this stock was 1/3 this size in May 2020 at $23 and proved timely. He has […]
Green Brick Partners – (GRBK, +1) – Harry Brandler (Non-Executive since 2014) purchased $428,000 of stock on the 23rd March at $21.42, increasing his stake by 43%. Prior to retiring in 2019 Brandler served as CFO for Greenlight Capital who at the date of the last proxy (April 2020) owned 48% of the company. Post […]
StoneX Group – (SNEX, +N) – Glenn Stevens (Head-Retail & Foreign Exchange) purchased 5,000 shares on March 15th at $63.45, spending $317,000 and increasing his holdings to 20,000 shares. Stevens joined StoneX in 2020 after the acquisition of Gain Capital, where he was CEO. We ranked this stock +N on December 17th based on purchases […]