Fifth Third Bancorp Inc – (FITB, +1, October 25th) James Leonard (CFO since 2020, EVP & Treasurer 2013-20) purchased $125,000 of stock on the 21st October at $32.16, increasing his holding by 3%. He has only made one previous purchase, for $101,000 at $16.00 in March 2020 which was very well timed. Timothy Spence (CEO […]
Enviva Inc– We ranked this stock +1 in June based on insider buying around $58-60 per share (see analyst note below). There was a large cluster of insider buying in mid-October when the stock dropped to the low $50’s after short-seller Blue Orca published a negative report on the company. The recent activity is below, […]
Veris Residential Inc – (VRE, +N, October 13th) Mahbod Nia (CEO since 2021, joined in 2020) purchased $996,000 of stock at $11.51 on October 11th, increasing his holding by 39%. This is a notable size for a first purchase especially since he had already met the CEO’s ownership requirement before this trade. He did not […]
Berkshire Hathaway Inc – (BRKB, +N, October 4th) Greg Abel (Vice Chairman of Non-Insurance Operations since 2018)purchased $68 million worth of A shares on September 29th at an average price of $406,730. This is his first open market purchase in the shares. In June 2022 Abel received $870 million after selling his stake in BHE […]
Adobe Inc – (ADBE, +N, September 28th) David Ricks (Non Executive since 2018) purchased $337,000 of stock on the 27th September at $280.56, increasing his holding by 30%. His only previous trades in the company were both for less than $20,000. He is the Chair and CEO of Eli Lilly and the absolute cost of […]
Starbucks Corp – (SBUX, +1, September 19th) Mellody Hobson (Chairman since 2021, joined 2005) purchased $5 million of stock at $92.58 on September 15th, increasing her holding by 8%. This is her first purchase in 9 years and by far the highest price she has paid. She is the Co-CEO & President of Ariel Investments, […]
Douglas Emmett Inc – (DEI, +1, September 12th) In early September, Jordan Kaplan (CEO since 2005) purchased $1 million worth of stock, David Feinberg (Director since 2016) spent $508,000, and Shirley Wang (Director since April 2022) spends $6 million. These are first-time purchases for both Feinberg and Wang but show confidence in their size. Feinberg […]
Harley-Davidson Inc – (HOG, +1, September 7th) Jochen Zeitz (CEO since 2020, joined 2007) purchased $1 million of stock at $38.94 on September 2nd, increasing his holding by 5%. He has been buying shares every year and each time at a higher price since his appointment as CEO in May 2020. His last acquisition in […]
HF Sinclair Corp – (DINO, +1, August 29th) Franklin Myers (Chair since 2019, joined 2011) purchased 7,250 shares on August 26th at $55.94, spending $406,000 and increasing his holdings by 7%. This closely follows a $250,000 purchase on August 17th at $52 and purchases in May ($495,000) and March ($268,000) at $46 and $36, respectively. […]
Kohls Corp – (KSS, +1, August 25th) John Schlifske (Director since 2011) purchased 3,413 shares on August 24th at $29.29, spending $100,000 and increasing his holdings to 46,937 shares. Despite a long tenure, this is only his second purchase. He first purchased shares in November 2015 at $44. We ranked this stock +N on August […]