Rent A Center Inc – (RCII, +1) – Jeffrey Brown (Chairman since 2019, joined 2017) purchased US$1.5 million worth of stock on February 26th at $55.56, more than doubling his holdings to 47,765 shares. Brown’s only other purchase in this stock was 1/3 this size in May 2020 at $23 and proved timely. He has […]
Green Brick Partners – (GRBK, +1) – Harry Brandler (Non-Executive since 2014) purchased $428,000 of stock on the 23rd March at $21.42, increasing his stake by 43%. Prior to retiring in 2019 Brandler served as CFO for Greenlight Capital who at the date of the last proxy (April 2020) owned 48% of the company. Post […]
StoneX Group – (SNEX, +N) – Glenn Stevens (Head-Retail & Foreign Exchange) purchased 5,000 shares on March 15th at $63.45, spending $317,000 and increasing his holdings to 20,000 shares. Stevens joined StoneX in 2020 after the acquisition of Gain Capital, where he was CEO. We ranked this stock +N on December 17th based on purchases […]
Cleveland-Cliffs Inc – (CLF, +1) – Lourenco Goncalves (Chair and CEO since 2013) purchased $1.3 million of stock on the 5th March at $13.17. His record to date is very average but this trade is notable as it’s (just) the largest purchase he has made (9 prior buys) and comes after a decent recovery in […]
Primo Water Corporation – (PRMW, +1) – Eric Rosenfeld (Non-Executive since 2008) purchased $3.1 million of stock on the 1st March at $14.48, increasing his ownership by 34%. He has been a timely buyer and a seller in the stock, this is his largest purchase so far. The purchase is indirect and by Crescendo Partners […]
Avis Budget Group – (CAR, +1) – Brian Choi (CFO since Aug 2020; former Director from 2016-2020) purchased 23,735 shares on February 19th at $45.88, spending $1.1 million in his first open market purchase. Choi was a board member from 2016-2020, representing SRS Management, who themselves were buyers in 2020 and now own 18.4 million […]
KKR & Co Inc – (KKR, +1) – Robert Scully (Non-Executive Director since 2010) purchased $1.3 million of stock on the 12th February at $48.13, increasing his stake by 19%. This is a notable purchase into strength, he last bought stock in August 2017 at $18.21, which was timely, and it’s encouraging to see him […]
Greenbrier Companies – (GBX, +1) – William Furman (Chair and CEO from 2014, joined 1974) purchased $2.2 million of stock on the 10th of February at $43.57, increasing his stake by 11%. His record as a buyer is excellent and easily qualifies as a “Smart Buyer” based on his previous 27 purchases, in particular he […]
Teledyne Technologies – (TDY, +1) – Robert Mehrabian (Chair since 2000) purchased $3.7 million of stock on the 29th January at $366.05, increasing his stake by 8%. His record as a buyer is very good and qualifies as a “Smart Buyer” based upon his previous 8 purchases. This trade is particularly notable as it is […]
How have directors responded to the Wallstreetbets rally? Probably primarily with frustration given that most of the companies are currently deep in closed periods, preventing them from trading. One exception is Koss Corporation who reported on 28th January. The company’s share rose by 1800% last week. 3 of the Non-Executive Directors sold their entire holdings […]