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 […]
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 […]
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 […]
Smart Insider was featured in Financial Times article by Richard Henderson: https://www.ft.com
Apelis Pharmaceuticals (APLS, +1) – Timothy Sullivan (CFO since 2017; Board observer 2014-2017) purchased 11,699 shares on August 29 at $29.71, spending $347,000 in his first purchase in the stock. Sullivan has been involved with this company since 2014, and CFO since 2017. It is unusual to see him make his first purchase now, especially […]