Since March 30th, Paul Salem (Chairman, joined 2018) has purchased $8 million worth of stock at $11 per share, and Keith Meister (Director, 2019) has purchased $18.6 million worth of stock at $11.50, on behalf of Corvex Management. These are confident purchases. Corey Sanders (CFO, joined 2010) purchased 24,991 shares at $12, spending $300,000 in […]
Well timed share purchase by IWG’s CEO Mark Dixon in March 2020. Last week’s successful fund raising the latest boost to performance. Here is what we said when we positively rated the stock on 17th March: Mark Dixon (CEO, founder, 1989) purchased 2 million shares on March 16th at £1.51, spending £3 million. While the […]
Assured Guaranty (AGO US, +1) – We ranked this stock +N on March 5th based on Andrew Feldstein’s (Chief Investment Officer, 2019) purchases of $1.5 million at $41. The stock has moved lower, but he has continued to buy shares, adding another $7 million worth of stock at an average price of $26.90. In addition, […]
We are seeing record numbers of insider buying in March 2020. FT article expanding on the topic using the data from Smart Insider database: https://www.ft.com/content/8c76c07f-0ee1-40d6-ad32-652c85646167
Oneok Inc – (OKE, +1) – Brian Derksen (Director since 2015) purchased $200,000 worth of stock on March 25th at $22.70, twice what he has spent on any of his prior purchases. This is Derksen’s fourth purchase, and his prior three were timely. We ranked this stock +N on March 20th based on a cluster […]
Parsons Corp (PSN, +1) – George Ball (CFO, 2008) purchased 30,000 shares at $29.40, spending $882,000. This is Ball’s second purchase and follows a 25,000 shares purchase in May 2019 at $29 with was timely. Charles Harrington (CEO, 2008) purchased 16,000 shares at $28.86, spending $462,000 in his first purchase in the stock despite being […]
Newell Brands Inc – (NWL, +1) – Brett Icahn (Director, 2018) purchased $3.2 million worth of stock on March 9th at $13.22, adding to the $6.6 million he purchased from March 4-5th. These purchases are direct and take his holdings to 1 million shares. Carl Icahn (10% holder) purchased 2.6 million shares on March 11th […]
Brinks Co – (BCO, +1) – Douglas Pertz (CEO, 2016) purchased 15,000 shares at $79.98, spending $1.2 million and increasing his holdings to 394,000 shares. Pertz is a “Smart Buyer” based primarily on his activity in BCO. His last purchase was in March 2019 at $72.92 and was timely. Past signals in this stock have […]
Discover Financial Services (DFS, +1) – Carlos Minetti (EVP- President of Consumer Banking; joined 2001) purchased 3,000 shares on January 27th at $73.74, spending $221,000 and increasing his holdings to 154,171 shares. This is Minetti’s first open market purchase in the stock despite being with the company for 19 years. He has been a regular […]
Conagra Brands – (CAG, +1) – Craig Omtvedt (Director since 2016) purchased 40,000 shares on January 2nd at $33.99, spending $1.4 million and more than doubling his holdings to 75,000 shares. We have Omtvedt ranked as a “Smart Buyer” based on his activity in OSK, BGC, and CAG. His last and only other purchase in […]