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Insider Buying Week 01-02-26

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Whatever I write up here stands the chance of being obsolete by the weekend with Limelightin lovin Trump.  But when the headlines die down and you drift back to the business logic, it’s insiders that carry the water more often than not. So when the hell and furry settle, you’ll ask yourself what did Trump say that was full of sound and fury, signifying nothing, ? Go back and look at the insider trades You can be an insider, too– by clicking here Name: John Rakolta Jr. Position: DirectorTransaction Date: 12-24-2025  Shares Bought: 15,000 shares an Average Price Paid of $72.18 … Read more

Insider Buying Week 10-10-25 Tightrope walk in a Hurricane

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Last week felt like a tightrope walk in a hurricane. The market flirted with euphoria early on, thanks to AI-driven headline deals (AMD’s tie-up with OpenAI lit a spark), but all that optimism blew up in our faces by week’s end. I still think that the next financial meltdown will be caused by one of the following factors: 1.Sam Altman 2. Donald Trump   Friday was the sucker punch. Trump floated a 100% tariff on Chinese goods in retaliation to China’s new export controls on rare earths — markets didn’t just recoil, they slammed the floor. Tech names (especially semis) … Read more

Insider Buying Week 04-11-25 Every Bear Market Ends with a Tsunami of Insider Buying

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What a great time to be an insider. Every bear market since 2001 has only ended with a plethora, a tsunami of insider buying. Nothing like that has yet happened. Pay close attention to what Insiders are doing with their own money. Pay NO attention to buy-back announcements unless they are backed with real actions.  Many buy-backs are more aspirational than real. Buy-backs are often just an attempt to keep the share count stable from all the share issuances. Follow us on Twitter for real-time commentary and insider buying alerts at https://twitter.com/theinsidersfund  If you are a QUALIFIED INVESTOR and are interested … Read more

Insider Buying Week 05-31-24 The Pace is Quickening- there is a bit of a Frantic Frenzy

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If you haven’t been to the Sphere in Vegas, go now. It’s a marvel, and probably no better way to show it off with a light show from the Dead & Company, now playing at the Sphere.  I got two mind-bending ideas from last week, so that’s a mission accomplished. Biohaven insiders continue to buy challenging the naysayers. Several insiders are bottom fishing this week, and we’re going to do a quick dive into it. Remember this is my personal notebook I am sharing and am under no obligation to discuss any purchases or sales. Do your own research and … Read more

Insider Buying Week 02-23-24 Is Following Insider Buying Dead as a Strategy?

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Insider buying has been noticeably scarce in this bull leg of a market making all-time highs. The small amount of buying is not performing particularly well either.  You might find this news surprising from a hedge fund manager who has made a living reading these tea leaves for 23 years.  Take last Thursday, February 22nd, the morning after Nvidia reported blockbuster earnings.  I’m tracking about 400 stocks where insiders have purchased at least $200,000 of their company’s stock in the last year. This number has remained constant at 300-400 for the last 23 years. The average returns of those stocks … Read more

‘s Retreat Continues to Spike the Market

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While some stocks like the Magnificent Seven have had a phenomenal comeback year, many, many companies are depressed in value. For example, many REITs have poor returns, some as a consequence of the sharp rise in interest rates. Agree Realty had a return of -15.34% year-to-date (YTD.) Paying particular attention to significant insider buying is one way to force that discipline of buying cheaply on yourself. When not painting the tape or participating in required corporate ownership requirements, insiders are historically value buyers. This week, we highlight what we think are notable buys. Although we pay attention to selling, we … Read more

Insider Buying Week 10-06-23 Israel at War while the Fed Reserve Fights the American Consumer and Stock Market

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The market reached deeply technically oversold conditions.  Bullish divergence RSI was signaling a reversal. I would have said this reversal has room to run, but the war in Israel may reverse whatever animal spirits are forming. Give Peace a Chance looks like a nostalgic idea, with the axis of evil combined with Iran, Russia, and China financing it through the purchase of oil.  Why the U.S. doesn’t stop the transit of Iranian oil through the Hormuz straits is a mystery considering there have been dozens of provocative actions by Iran that have been stymied only by the U.S Navy coming … Read more

Insider Buying Week 9-29-23 as the Bar for Insider Buying is Rising

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You can’t say you were not warned. I’ve been clear with my thoughts about the misguided policy of the Federal Reserve raising rates to thwart inflation. Chairman Powell morphed chameleon-like into a new version of Paul Volker, a Paul Volker light at Jackson Hole in August 2022. He set the global economy on a tightening course that is academically correct but economically wrong. Reference this post from Insider Buying Week 8-26-22 Jerome Powell Debuts at Jackson Hole as “ChuckyIt was a blood-red day on the map of the market. As I wrote then, it’s true now. We have spent all … Read more

Insider Buying Week 8-04-23 Hydrocarbons Make the Modern World Modern

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Oil and gas have been the best-performing sector in the market for the last couple of weeks. There is much talk about an oil surplus, and economic weakness in China, the world’s largest petroleum consumer.  Analysts are often too deep in the woods to see the trees.  It is true that Opec et al. Russia fiddle with the supply of oil in an attempt to manipulate the price, but it is equally true that every industrialized economy attempts to influence the price, supply, and consumption of the world’s most important commodity. For example, The U.S. sold off its Strategic Petroleum … Read more

Insider Buying Week 5-12-23 Prelude to Something but What?

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Insiders are coming out in force to buy regional and community banks.  Normally significant insider buys are met with a predictable market response, a positive bounce between 3%-5%. This is not happening.  There is no urgency, as the stocks, for the most part, are lower than when the “informed investor” purchased the shares.  I like to believe that no one knows more about the business than the people running it, but banks may be a glaring exception to my dogma.  First of all, banks’ balance sheets are complicated and notoriously obtuse.   2008 should serve as an indelible reminder of that. … Read more

The Fed Gives a White XMAS to Seniors Noteworthy Insider Buys 12-23-22

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After years, decades even of financial repression, investors are able to earn something from their risk-free savings. It could not have come at a better time for the nation’s seniors. According to the  2022 U.S. Census Bureau, more than 56 million adults ages 65 and older live in the United States, accounting for about 16.9% of the nation’s population. It’s time for them to step down off the roller coaster ride of the equity markets.  One of the cardinal rules of financial planning is that you get more risk-averse as you age. Now you can actually earn a return of … Read more

Elliott Preps a Move on $EVRG Evergy Things are Heating Up 10-01-21

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For trade, details click on this link to the trades.    It’s not that things are just heating up over at the giant regulated Midwest utility, Evergy, $EVRG.  The entire grid is about to undergo wholesale change, modernization, and smart management to usher in the world of electric vehicles and government-mandated renewable sources of energy.  The sun doesn’t shine at night and the wind doesn’t blow all day but we all want our power day and night, windy or still.  Electric utilities are the safest bet in town and that hasn’t gone unnoticed by the likes of Warren Buffett or … Read more

Insiders are Buying Utilities -Should You? Week of March 5th 2021

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For trade details click on this link to the trades EchoStar CORP up 13.60% Vistra Corp. up 8.53% EXXON MOBIL CORP up 8.30% * Multiple Buys TELEDYNE TECHNOLOGIES INC up 8.30% * Multiple Buys Cortexyme Inc. up 7.50% Vistra Corp. up 7.15% IRONWOOD PHARMACEUTICALS INC up 9.44% TELEDYNE TECHNOLOGIES INC up 7.08% Hanesbrands Inc. up 6.84% Primo Water Corp up 5.39% * Multiple Buys Evergy Inc. up 4.34% Multiple Buys Wayfair Inc. up 4.229% CENTERPOINT ENERGY INC up 4.13% Multiple Buys iHeartMedia Inc. up 2.94% AGREE REALTY CORP up 2.77% Multiple Buys FLEXSTEEL INDUSTRIES INC up 2.11% ENTERPRISE PRODUCTS PARTNERS … Read more

A Bruising Week for Investors yet Insiders Still Post Modest Gains

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For trade details click on this link to the trades AVIS BUDGET GROUP Inc up 21.08% American Assets Trust Inc. up 5.36% CHEVRON CORP up 5.03% Sonos Inc up 4.26% NU SKIN ENTERPRISES Inc up 3.41% INCYTE CORP up 1.67% AGREE REALTY CORP up 1.46% GREENHILL & CO INC up 1.21% DuPont de Nemours Inc. up 0.54% Sensei Biotherapeutics Inc. up 0.12% Royalty Pharma plc down -0.56 QUIDEL CORP down -0.63% Macy’s Inc. down -1.36% CERNER Corp down -1.83% ABBOTT LABORATORIES down -2.22% Zoetis Inc. down -5.73% Longeveron Inc. down -20% The market genuflected like the herd following creature it … Read more

Brutal week in the Market- Insider Buys Outperform on Average by 600%

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For trade details click on this link to the trades Selecta Biosciences up 12.90% HomeStreet up 4.30% International Business Machines up 3.64% Raytheon Technologies ups 3.64% SMART Global Holdings up 1.54% Cytodyn up 0.16% Employers Holdings up 0.03% Kimberly Clark down 0.06% Ares Capital down 0.65% Pulte Group down -1.76% Crown Castle down -3.72% Universal Stainless & Alloy down 3.72% Agree Realty down 5.51%   Raging pandemic, fears of shutdowns, and the specter of a Presidential election fought in the courts or worse yet the streets-Guns and ammunitions are flying off the shelf.  If you’re for Trump, the market is … Read more

Notable Insider Buying Week Ending 12-20-19

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CB Duncan continues to amass sizable buys of Enterprise Products Partners, LP.  This midstream oil and gas operator  yields 6.29%. This seems like a buy in a low yield world but bear in mind, several MLPs  in this space yield double digits and have sizable insider buying as well. If you believe the combustion engine will be replaced by EVs in the next 10 years, don’t buy these MLPs. I for one don’t believe the market appreciates the complexity and cost of making lithium batteries. A director bought $1.28 million of peer Energy Transfer Partners at $12.79 per share, yielding … Read more

‘s Insider Buys

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Odonate ODT’s Chairman and CEO Kevin Tang has made open market purchases of more than $36 million in so far this June, including $10 million on the spot secondary at the highest price his paid all year.   This is a bet the farm investment but seems to be validated by the market as ODT stock has more than tripled this year. Three insiders buy AbbVie after Wall Street choked on their purchase of Allergan.  Do two out of favor big pharma companies add up to 4? Wall Street certainly doesn’t think so. Carnival Cruise CEO Donald Arnold bought just under … Read more

Notable Insider Buys Week Ending May 10, 2019

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The market suffered its worse loss of the year, but that didn’t stop some insiders buying their own stock. We highlight those over $200,000 in this report. In this report, we highlight open market purchases from employees and directors of more than $200,000.  Insiders sell stock for many reasons, but they generally buy for just one – to make money.  As a standard, we only look at material amounts of money, $200 thousand or more, as anything less could just be window dressing. The bar is different from selling because the natural state of management is to be sellers. This … Read more