Insider Buying Week 08-01-25

Three weeks have passed with little notable insider buying. Insiders continue to cash out.

Finviz Chart

Name: Henry A. Fernandez
Position: Chairman and CEO
Transaction Date: 07-24-2025  Shares Bought: 12,400 shares an Average Price Paid of $542.87 for Cost: $6,731,599

Company: MSCI Inc. (MSCI):

MSCI Inc. is a leading provider of essential decision-support tools and solutions for the global investment community. The company delivers mission-critical services that help investors navigate the complexities of a constantly evolving financial landscape. Leveraging deep expertise in research, data, and technology, MSCI equips clients with valuable insights into the global investment process—enabling them to evaluate key risk and return factors and build more effective portfolios. With a strong understanding of client needs, challenges, and objectives, MSCI proactively responds to industry shifts. Its commitment to an integrated approach, service excellence, and innovative research ensures that its solutions remain accessible through flexible, state-of-the-art technology platforms.

Henry A. Fernandez has served as a Director and Chairman of the Board of MSCI Inc. since November 2007 and as Chief Executive Officer since 1998. He also held the role of President from 1998 to 2017. Mr. Fernandez played a pivotal role in transforming MSCI into a fully independent, publicly traded company in 2007. Prior to leading MSCI, he was a Managing Director at Morgan Stanley, where he oversaw emerging markets product strategy, equity derivatives sales and trading, mergers and acquisitions, global corporate finance, and mortgage finance for U.S. financial institutions. He was with Morgan Stanley from 1983 to 1991 and again from 1994 to 2007. Mr. Fernandez holds a Bachelor of Arts in Economics from Georgetown University, an MBA from Stanford University’s Graduate School of Business, and a doctorate in Economics from Princeton University.

Opinion:

Finviz Chart

Name: Carol B. Tome
Position: Chief Executive Officer
Transaction Date: 08-01-2025 Shares Bought: 11,682 shares an Average Price Paid of $85.67 for Cost $1,000,816

Name: William R. Johnson
Position: Director
Transaction Date: 07-31-2025 Shares Bought: 5,000 shares an Average Price Paid of $86.50 for Cost $432,477

Company: United Parcel Service Inc (UPS):

United Parcel Service, Inc. is a global package delivery and logistics company offering a broad range of transportation and delivery services. The company operates through two primary segments: U.S. Domestic Package and International Package. The U.S. Domestic Package segment provides time-definite delivery services for express mail, documents, packages, and palletized freight via air and ground across the United States. The International Package segment offers a variety of guaranteed day- and time-definite shipping services, including cross-border ground delivery, contract-based e-commerce solutions for non-urgent and international shipments, as well as expedited services for urgent and palletized freight. Founded in 1907, UPS is headquartered in Atlanta, Georgia.

Carol B. Tomé has served as the Chief Executive Officer of United Parcel Service Inc. since March 2020, following 17 years on the company’s Board of Directors, which she joined in 2003. Prior to becoming CEO, Tomé spent nearly 24 years at The Home Depot, where she held the roles of Executive Vice President and Chief Financial Officer. Earlier in her career, she held key financial leadership roles at United Bank of Denver, Johns-Manville Corporation, and Riverwood International Corporation. Tomé holds a bachelor’s degree in communication from the University of Wyoming and a master’s degree in finance from the University of Denver.

William R. Johnson has served as an independent director of United Parcel Service Inc. since February 2009 and currently holds the position of Lead Independent Director. He spent 15 years with the H.J. Heinz Company, where he progressed through various executive roles to ultimately become President and CEO, and later Chairman. Mr. Johnson earned a Bachelor of Arts from the University of California, Los Angeles in 1971, and an MBA from the McCombs School of Business at the University of Texas at Austin in 1974.

Opinion:

Finviz Chart

Name: John D. Romano
Position: CEO and Director
Transaction Date: 08-01-2025 Shares Bought: 100,000 shares an Average Price Paid of $3.09 for Cost: $308,930

Company: Tronox Holdings plc (TROX):

Tronox is a leading vertically integrated producer of titanium dioxide (TiO₂) pigment. The company operates titanium-bearing mineral sand mines, as well as beneficiation and smelting facilities in Australia and South Africa, to produce feedstock materials used in TiO₂ pigment manufacturing. It also produces high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO₂ for specialized applications. Tronox runs nine pigment plants across the United States, Australia, Brazil, the United Kingdom, France, the Netherlands, China, and Saudi Arabia. Its vertically integrated model enhances self-sufficiency and cost efficiency. In addition to its core products, Tronox’s operations yield valuable co-products such as zircon, pig iron, and the rare-earth mineral monazite, which are sold to global markets.

John D. Romano has served as Chief Executive Officer of Tronox Holdings plc since April 2024 and is a member of the company’s Board of Directors. He joined Tronox in 1988 and has held a variety of senior leadership roles across sales, marketing, strategy, and operations, including Co-CEO, Executive Vice President of Commercial and Strategy, and Senior Vice President of Pigment and Electrolytic Operations. Mr. Romano holds a bachelor’s degree in Accounting from Oklahoma State University.

Opinion:


This blog is solely for educational purposes and the author’s own amusement. IT IS NOT INVESTMENT ADVICE.  Think of the blog as part of my personal investment journal that I am willing to share with the DIY investor. There are also many parts that I am not willing to share if I think it could influence trading action or be detrimental to the Fund’s partners. We could be long, short, or have no position at all in any of the stocks mentioned and express no written or implied obligation to disclose any of that.  Nothing contained here constitutes a recommendation to buy or sell any security. Investing involves risk, including the possible loss of principal, and past performance is not indicative of future results.
“The insomniac hedge fund guy” is a moniker Harvey Sax, the portfolio manager for The Insiders Fund” has used from time to time on email, blog ,and social media posts. While Mr. Sax is the portfolio manager of The Insiders Fund, these posts are not communications from, nor endorsed by, Alpha Wealth Funds, LLC or any of its managed funds. References to Alpha Wealth Funds or its affiliates are for identification only and do not imply sponsorship or approval.
The Insiders Fund and its blogs and posts are not affiliated with, endorsed by, or sponsored by any of the companies mentioned herein. All company names, logos, and trademarks belong to their respective owners. The use of company logos is solely for descriptive and illustrative purposes under fair use.  Any information provided is based on publicly available data and should not be considered financial, investment, or legal advice. Readers should conduct their own research or consult with a professional before making any investment decisions. Insiders sell the stock for many reasons, but they generally buy for just one – to make money. You’ve always heard the best information is inside information.  Everyone with any stock market experience pays close attention to what insiders are doing.  After all, who knows a business better than the people running it?  Officers, directors, and 10% owners are required to inform the public through a Form 4 Filing of any transaction, buy, sell, exercise, or any other within 48 hours of doing so.
This info is available for free from the SEC’s Web site, Edgar, although we subscribe to SECForm4  as they provide a way to manage and make sense of the vast realms of data. I’ve tried a lot of vendors. SECForm4 is one of the smaller ones, but I like supporting Frank. He is not arrogant. He’s helpful and has great prices. He also trades on his own data, so I like people that eat what they kill. The bar is different from selling because the natural state of management is to be a seller. This is because most companies provide significant amounts of management compensation packages as stock and options. Therefore, we analyze unusual patterns with selling, such as insiders selling 25 percent or more of their holdings or multiple insiders selling near 52-week lows. Another red flag is large planned sale programs that start without warning. Unfortunately, the public information disclosure requirements about these programs, referred to as Rule 10b5-1, are horrendously poor. Also, planned sales that pop up out of nowhere are basically sales and are seeking cover under this corporate welfare loophole.
I also generally ignore 10 percent shareholders as they tend to be OPM (other people’s money) and perhaps not the smart money on which we are trying to read the tea leaves. I say generally because some 10% shareholders are great investor, think Warren  Buffett and others.  Of course, insiders can also be wrong about their Company’s prospects. Don’t let anyone fool you into believing they never make mistakes.  Do your own analysis. They can easily be wrong, and in many cases, maybe most cases, have no more idea what the future may hold than you or me. In short, you can lose money following them.  We have, and we curse aloud; what were they thinking!We like Fly on the Wall for keeping up with what events might be happening, analysts’ comments, and whatever else could be moving the stock.  Dow Jones news service is an essential tool, but many services pick up their feed like they do Bloomberg. She probes the 10k for a reasonable description of the business. I’ve found that to be the most accurate and succinct place to find out what a business actually does. When I have time, over the weekend, I’ll add some preliminary analysis to the Opinion at the end. It is largely done now by my AI. Sometimes I won’t update this for a couple of weeks or more.  A good way to use this blog is as I do, it’s a reference point and filing cabinet for various stocks with notable insider buying. It’s one of many tools I use.

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