Sylvamo Corp (SLVM US, +1) John Sims (CFO since 2021, joined 1994) purchased $646,000 of stock on the 11th November at $30.46, increasing his holding by 44%. The company was spun-out from International Paper Company in October 2021. Sims made six non-option sells of International Paper Company in the four years prior to the spin-out […]
BGSF Inc – (BGSF, +1, Nov 11th) Douglas Hailey (Non-Executive since 2013) purchased $342,492 of stock on November 8th at $13.70, increasing his holding by 25%. Despite his long tenure, he has been a rare trader with only two previous purchases in 2016 and 2020 and a series of sales in 2018. Both his buys […]
Calix Inc – (CALX, +1, Nov 2th) Donald Listwin (Chairman since 2007) purchased 15,000 shares on October 28th at $60, spending $900,000 and increasing his holdings to 1.1 million shares. Listwin has made 30 prior purchases and has been timely on most of them. We have him ranked as a “Smart Buyer”. He last purchased […]
Texas Capital Bancshares Inc – (TCBI, +1, Oct 26th) Julie Anderson (CFO since 2017, joined in 1999) purchased $241,640 of stock on October 25th at $60.41, increasing her holding by 6%. Despite 22 years in the company as Chief Accounting Officer, Secretary, Controller, and finally CFO, this is her very first purchase. It also represents […]
E2open Parent Holdings Inc (ETWO, +1, Oct 20th) Michael Farlekas (CEO since 2015) purchased $679,000 of stock across two trades in October 2021 at an average of $11.31, increasing his stake by 39%. Jarett Janik (CFO since 2018) purchased $91,000 of stock on the same days, increasing his holding by 12%. The company merged with […]
Annovis Bio Inc – (ANVS, +N, Oct 14th) Maria-Luisa Maccecchini (CEO since 2008) bought $497,000 of stock on the 11th of October at $27.61, increasing her stake by 2%. This is her first purchase since a minor subscription for $10,000 at $6 in the January 2020 IPO. Mark White (Non-Executive since 2016) bought $137,000 also […]
Hibbett Inc – (HIBB, +1, Oct 7th) Michael Longo (CEO since 2019) purchased $350,000 of stock on the 6th October at $70.08, increasing his stake by 13%. This is his second purchase since joining the company, his first was for $135,000 of stock at $9.00 in March 2020 and it’s very encouraging to see him […]
Insider Observations Insider trading volume remained light this past week as insiders are busy preparing for upcoming earnings reports and conference calls and giving their stock brokers a break. Insider buying dropped at a faster rate than selling but the sentiment remains neutral – almost 1 sells to 1 buy (which gives us S/B Ratio 1.1). We upgraded 3 stocks, downgraded 3 […]
John Wilder (Director since 2021; former CEO at TXU, CFO at Entergy, Director NRG) purchased $2.5 million worth of stock at $63.61, increasing his indirect holdings to 2.3 million shares. The purchase follows a $113 million purchase in April at $49.87 on a subscription. The purchases are on behalf of Bluescape Energy Partners which also […]
Designer Brands Inc – (DBI, +N, Sep 21st) Jay Schottenstein (Executive Chairman since 2005; CEO from 2005-2009) purchased $19.1 million worth of stock on September 20th at $12.82. The 1.5 million share purchase brings his total indirect combined holdings of A and B shares to an estimated 21.5 million shares, roughly 53% of the company, […]