MGM Resorts International (MGM US, +1, 07-Aug-24) Two officers and one director bought a combined $7.3 million worth of stock on August 5th at ≈$34. Paul Salem (Chair since 2020, joined 2018) purchased $5 million worth of stock at $33.8, increasing his holding by 9%. He has a near-perfect record as a buyer and we previously ranked stock partly based […]
Allegion Plc (ALLE US, +1, 31-July-24) On July 26th John Stone (CEO since 2022) purchased $675,000 worth of stock and Steven Mizell (Director since 2020) spent $137,000. Stone’s purchase at $135 is his fourth and follows a February 2024 purchase of $1.3 million at $132, for which we ranked the stock +1. Mizell’s purchase at $136.53 is his first, despite joining the […]
United Parcel Service Inc (UPS US, +N, 26-July-24) liam Johnson (Chair since 2016, joined 2009) purchased $643,034 worth of stock on July 25th at $128.61. It’s interesting to see him buying now, making his first purchase despite a long tenure with the company. Moreover, this is his largest ever investment across his roles as well as his first recorded […]
nCino (NCNO US, -1, 16-July-24) Jeff Horing (Director since 2015) continues to make large sales on behalf of Insight Partners. In June he sold $126 million worth of stock at an average price of $31.53, and in July he sold $198 million at $31.08, reducing his holdings to 19.8m shares (17% of the company). Horing/Insight Partners entered […]
American Software Inc (AMSWA US, +1, 01-July-24) James Miller (Chair since 2024, Non-Executive 2002-2024) purchased $2.7 million of stock during June at an average of $8.97, more than tripling his holding. This is an extremely unusual buy, his first in the stock despite a long tenure and much his largest buy across his other roles (currently Executive Chairman at Ameris […]
RH (RH US, +1, 28-Jun-24) Gary Friedman (Chairman & CEO since 2014, joined 2001) purchased $10 million worth of stock on June 26th at $216.10, increasing his holding by 1%. While this is a minor addition to his 3.3 million shares (18% of the co), it’s interesting to see him buying now. This is a rare purchase, his […]
Ryman Hospitality Properties Inc (RHP US, +N, 17-Jun-24) William Haslam (Director since May 2023) purchased 9,972 shares, spending $1 million on June 13th at $100.28, almost doubling his holdings to 23,000 shares. This is his second purchase, in August 2023 he also spent $1 million but at $86.90 and that proved timely. Haslam is currently […]
Hawkins Inc (HWKN US, +1, 13-Jun-24) We ranked this stock +N on June 7th after purchases of $165,000 from James Faulconbridge (Director since 2006) at $86.52. Since that upgrade he has made two additional purchases, much more aggressive, spending another $640,000 at an average price of $87.65. Faulconbridge has been a board member for 18 years and […]
FTAI Aviation Ltd (FTAI US, +1, 04-Jun-24) Joseph Adams (Chair & CEO since 2014) purchased 59,000 shares on May 30th at $82, increasing his holdings by 44% to 385,000 shares. This $4.8 million purchase was done on a secondary offering of 2.1 million shares from a large holder (FIG LLC/Wesley Edens) who are selling the vast majority of […]
Sunoco Lp (SUN US, +1, 29-May-24) Joseph Kim (CEO since 2015) purchased $253,000 of stock on the 23rd of May at $50.50, increasing his stake by 1%. He’s been a relatively rare buyer with only two previous purchases, both of which were timely – buying $204,000 of stock at $17.66 in March 2020 and $177,000 at $35.49 in […]