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, […]
Insider Observations In those Insider Observations we look not only into weekly insider transactions and current sentiment, but sum up some trends and express our opinion on the rules surrounding 10b5-1 plans, which were implemented in October 2000. This is a short summary of our Highlights report for the US market which we send to […]
Fireeye Inc – (FEYE, +1, Sep 14th) We ranked this stock +N on August 12th based on purchases of $440,000 from William Robbins (Chief Revenue Officer, joined 2016), and $178,000 from John Watters (COO, joined 2016), both around $17 per share. Since that rank, Watters has purchased an additional 90,000 shares, spending $1.6 million at […]