Insider Buying Week 03-15-24

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. Name: Ole G Rosgaard Position: President and CEO Transaction Date: 2024-03-08 Shares Bought: 4,914 Average Price Paid: $67.00 Cost: $329,235 Company: Greif Inc (GEF) Greif Inc. is a top global provider of industrial packaging goods and services, with operations in over 35 countries. The company provides a wide range of … Read more

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

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

Insider Buying Week 02-16-24 Climbing the Wall of Worry

  Name: Roger M. Singer Position: Director Transaction Date: 2024-02-12 Shares Bought: 500 Average Price Paid: $357.21 Cost: $178,605 Company: Everest Group Ltd. (EG) Name: John A Graf Position: Director Transaction Date: 2024-02-12 Shares Bought: 695 Average Price Paid: $356.75 Cost: $247,941 Company: Everest Group Ltd. (EG) Name: James Allan Williamson Position: EVP, Chief Operating Officer Transaction Date: 2024-02-09 Shares Bought: 700 Average Price Paid: $352.50 Cost: $246,750 Company: Everest Group Ltd. (EG) Name: Mike Karmilowicz Position: EVP, Pres/CEO Insurance Div Transaction Date: 2024-02-09 Shares Bought: 285 Average Price Paid: $352.39 Cost: $100,430 Company: Everest Group Ltd. (EG) Name: Juan … Read more