Ligand Pharmaceuticals Inc (LGND US, +1, 14-May-25) Todd Davis (CEO since 2022, Non Exec from 2007-2022) purchased $1m of stock on the 9th May at $105.20, increasing his stake by 6%. This is a notable buy from an insider with an excellent record as both a buyer and seller. This purchase is more than 4x larger than any […]
KKR & Co Inc (KKR US, +1, 09-May-25) Robert Scully (Non Executive since 2010) purchased $1.5m of stock on the 6th May at $113.49, increasing his stake by 8%. He has an excellent record as a buyer at KKR and in his other Non-Exec roles (Chubb Ltd and Zoetis), qualifying as a “Smart Buyer”. He has bought stock […]
PHINIA Inc (PHIN US, +1, 02-May-25) Brady Ericson (CEO since 2023) purchased $397,000 of stock on the 30th of April at $39.73, increasing his stake by 2%. This is his second purchase since the spin-out from BorgWarner in June 2023. His first purchase was in a similar size at $28.92 in August 2023, and it’s encouraging to see […]
Calavo Growers Inc (CVGW US, +1, 21-Apr-25) Lecil Cole (CEO since March 2023; formerly Director 1982-2021) has spent $2.4 million in April at an average price of $24.40. Having served as the former Chair and CEO for over 20 years, he left the company in 2021 but rejoined in March 2023 as President and CEO. In 2023, he […]
FB Financial Corp (FBK US, +N, 17-Apr-25) James Cross (Non Executive since 2020) purchased $292,000 of stock on April 16th at $40.49, increasing his stake by 13%. This is a reversal from an identically sized and very timely sale at $58.22 in November 2024. Since the reversal has occurred within a 6-month window, this appears to be a […]
MSC Industrial Direct Co (MSM US, +1, 10-Apr-25) Mitchell Jacobson (Chair since 2005, CEO from 1995 – 2005) purchased $11.1m of stock on the 8th April at $69.73, increasing his stake by 2%. His record as a buyer and a seller is good. He notably made a series of purchases between Jan 2021 and July 2022 at prices […]
Commercial Metals Co (CMC US, +1, 01-Apr-25) Peter Matt (President & CEO since 2023; joined 2020 as a Director) purchased $295,000 worth of stock on March 27th at $48.30, increasing his holding by 5%.This is only his second purchase despite a reasonable tenure with the company. His previous buy was $250,000 at $40 in October 2023, which proved well-timed. […]
Adobe Inc (ADBE US, +1, 24-Mar-25) Daniel Durn (CFO since 2021) purchased $508,000 worth of stock on March 20th at $390.58, increasing his holdings by 5% to 30,000 shares. There are two interesting aspects of this purchase. First, it is just his second purchase. His first was in September 2022 at $288 and proved very […]
Millicom International Cellular (TIGO US, +1, 19-Mar-25) Jules Niel (Director since September 2024) spent $25 million on March 14th, acquiring 849,021 SDRs at SEK 299.06 (approx. $30 equiv.). The purchase is indirect for Atlas, an entity owned by the Niel family that owns approximately 70.5m shares (42% of the company). His only other reported purchase while a board member […]
Gates Industrial Corp (GTES US, +1, 12-Mar-25) Fredrik Eliasson (Director since 2022) purchased $1.17 million worth of stock on March 7th at $19.56, increasing his holding by 47%. It’s encouraging to see him buying now in size, this is the largest of his 3 purchases in stock and larger than two his prior purchases combined. Moreover, this […]
Ares Capital Corp (ARCC US, +1, 08-Mar-25) James Miller (Co-President since 2024, joined 2006) purchased $933,000 of stock on the 3rd of March at $23.32. He did not appear to have previously owned shares. Likely partly motivated by his recent promotion, this is still a notable large purchase into strength from an insider who should know the business well. […]
CompoSecure Inc (CMPO US, +1, 24-Feb-25) David Cote (Chair since Aug 2024) made two large purchases in February, spending a total of $13.8 million at an average price of $15.74. Cote took a control position in the company in September 2024, spending $372 million at $7.55 and eliminating the dual-class structure as part of that transaction. Six months after […]
Wynn Resorts Ltd (WYNN US, +1, 19-Feb-25) Philip Satre (Chair since November 2018, joined as Vice Chair in August of the same year) purchased $2 million worth of stock on February 18th at $92.18, increasing his holding by 67%. This is only his 2nd purchase and his first purchase since November 2018, when he bought […]
MDU Resources Group Inc (MDU US, +1, 11-Feb-25) Dennis Johnson (Chair since 2019, joined in 2001) purchased $499,000 of stock on the 10th of February at $16.64, increasing his stake by 20%. This is just his fifth purchase and larger than his prior four buys, combined. His most recent purchase was for $94,000 of stock in May […]