Enterprise Products Partners LP (+1, EPD US, August 8th) William Montgomery (Non-Executive Director since 2015) purchased 50,000 shares on August 4th at US$ 26.60, spending US$1.3 million. This is only his first purchase since 2016, and only his 3rd ever in these shares. It is also his largest purchase, increases his holdings by 77%, and the highest […]
Allegion Plc (+1, ALLE US, July 31st) John Stone (President & CEO since July 2022) purchased 17,500 shares on July 27th at $116.62, spending $2 million and increasing his holdings by +23% to 94,248 shares. Stone joined the company a year ago from Deere and made his first purchase in October 2022, spending $1.3 million […]
Since we did not rank any new stocks this past week, we are using Calavo Growers (CVGW +1 July 17th) as our stock of the week, a name we upgraded 11 days ago Calavo Growers Inc (+1, CVGW US, July 17th) Lecil Cole (CEO since 2023, Chairman and CEO between 1999-2020, Non-Executive 2020-2021) purchased $2.3 […]
Carmax Inc (KMX, -N, July 14th) Since June 28th, (AGM was on Jun 27, Q1 results Jun 23), seven key operating officers have made meaningful % sales. In most cases, these are the first sales from these executives since 2021 when the stock was at $130. Some of the sellers are exercising options, most not expiring till […]
Repay Holdings Corp (RPAY, -N, July 7th) Shaler Alias (President since 2008, Co-founded company in 2006) sold 1.95 million shares from 15th June – 6th July at an average price US$ 7.70, raising $14.8 million and reducing his overall holding by over 50%. Whilst he is selling via a trading plan adopted in March 2023, […]
Oneok Inc (OKE, +1, June 29th) Brian Derksen (Non-Executive since 2015) purchased $292,000 of stock on the 28th June at $59.59, increasing his stake by 36%. He has timed his buys well, most notable making his largest previous buy at $22.70 in March 2020 and it’s very notable that he is now making his largest buy and […]
Lear Corp (LEA, -N, June 22nd) Raymond Scott (CEO since 2018, joined 2000) sold 16,740 shares worth $2.4 million on the 16th June at $142.80, taking his declared shareholding down to zero. Based upon the proxy he also owns 52k vestable RSUs but with a lowest exercise price of USD$140.09 they have limited value, he also […]
Autozone Inc (AZO, +1, June 16th) Michelle Borninkhof (CIO since 2021) purchased $1.1 million of stock on the 12th June at $2406.65, increasing her stake by 168%. Her only previous purchase was for $504,000 in March 2022 at $1944.66 and it’s very encouraging to see her now buying in larger size at this much higher […]
Genuine Parts Co (GPC, +1, June 6th) Robert Loudermilk (Director since 2010) purchased 2,000 shares on June 2nd at $151.75, spending $304,000 and increasing his holdings to 33,162 shares. Loudermilk has only made four other open market purchases since joining in 2010, has a good record and this buy is his second largest and 50% […]
Masimo Corp (MASI, +1, May 31st) Joe Kiani (Chair and CEO; founder in 1989) purchased 6,365 shares on May 25th, spending $1 million. The purchase just inches his holdings higher to 3.8 million shares (7.2% of the company) but follows purchases in November and December 2022 at $125 and $145, respectively. Prior to that, you […]