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Insider Buying Week 09-12-25 Market Climbs the Wall of Worry SATS leaves the Atmosphere

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Nothing much to write about regarding notable insider buys; there wasn’t much of note. But that Doesn’t mean there isn’t great profit making opportunities.

C Level officers, directors and 10% or more shareholders are the insiders that are required to file Form 4 within 48 hours. The quarterly earnings blackout period has prevented some insiders from buying last week but it didn’t prevent insiders at EchoStar, SATS, from unloading over $25 million of their stock now that Elon Musk put a bid on the table for Dish’s wireless spectrum that caused SATS to go from$28 to Friday’s closing price of $74.89, just a mere 166% increase in value.

If you ignore insider buying, well you just missed the biggest stock market gift you’ll likely get in any nine month period.  It was only back in December that Charlie Ergen, founder of Dish and wireless spectrum speculator, (now legendary) added $43.5 million shares of SATS on the open market at $28.04 . At the time it was reported he owned  holdings of 16,042,800 shares.  You might ask yourself as a DIY investor, how do I get in on this?  You might ask your financial advisor or hedge fund manager where were you when Charlie loaded up.

Well, you guessed it- they were not paying attention to insider buying.

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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.”

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Insider Buying Week 08-22-25 SPACs are Back

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  Insiders tend to be value investors. Defining value investors is another phrase for buying low. It’s hard to say what value is. After all, beauty is in the eye of the beholder. Does value mean intrinsic value, using common methods of measuring a company’s discounted cash flow value, or does it mean low P.E. or above-average yield, regular dividends? Lots of books have been written on it, and famous investors, like Warren Buffett and his mentor, Benjamin Graham, have largely defined the category. A value investor more or less believes they are buying a stock for less than its … Read more

The Insiders Fund Not So Daily Podcast | Insider Buying

Insider Buying Week 08-15-25 The Insider Buying Spigot Opened

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  The insider buying spigot opened a bit wider this week, but don’t mistake activity for conviction. Yes, we saw some heavyweight swings—Jared Isaacman dropping $16.3 million on Shift4 Payments and Amrize’s freshly-minted CEO Jan Jenisch betting $23.3 million on his construction materials spinoff. These aren’t lunch money purchases. But here’s what gnaws at me: in a world hypnotized by AI’s insatiable appetite for data centers and energy infrastructure, are we witnessing genuine bottom-fishing or just executives with more money than sense? Eli Lilly’s triumvirate of buyers—Ricks, Fyrwald, and Skovronsky—collectively dropped $2.7 million around $640 per share. That’s either supreme … Read more

Insider Buying Week 09-13-24 Stock Merry Go Round

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The stock market had its best week since November 2023, immediately after its worst week of the year. The market is now spitting distance from where it ended the month of August.  Lately, the market has been on a merry-go-round. Trading is killing buy-and-hold, but one week, two weeks, or even two years doesn’t make great hedge fund managers or investors wizards. It’s fun when you win, and it beats watching network TV in a swing state these days. They said it all comes down to the 500,000 undecided voters in the seven states that will determine the Presidential election … Read more

Insider Buying Week 08-16-24 Party On!

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The market just posted its best week of the year as investors seemed to grasp that the Federal Reserve’s known rate cuts trumped the unknowns from either Presidential candidate, plus whatever Iran had in mind as payback would not be sufficient to risk the devastation wrought by an Israeli strike bolstered by the U.S. Defense Department. Party on! We have also tracked a noticeable pickup in insider buying, mostly in obscure names but something is better than nothing. This weeks highlights include: Name: Thomas C ERB Position: Director Transaction Date: 2024-08-13 Shares Bought: 2,000 Average Price Paid: $112.94 Cost: $225,880 … Read more

Insider Buying Week 12-08-23 Energy Swooned, Some Insiders Stepped Up

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As we go into the final turn of the year, expect some modest profit-taking in the Magnificent Seven. I expect some good opportunities if mortgage rates drop enough for people trapped in their homes to make a move. The purchase this week by National Storage’s Co-Chairman adds some credence to this. The stock has already rallied significantly, but storage should grow if we pick up the American tradition of musical chairs and home swapping. As EV demand wanes and the threat of hydrocarbons being replaced by renewables seems more like fantasy than policy, oil prices fall to levels not seen … Read more

Insider Buying Week 11-17-23 Few Buyers Lots of Sellers

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   There are a few insider buys this week. As usual, there are a lot of sellers.    Name: Roland D Diggelmann Position: Director Transaction Date: 2023-11-13  Shares Bought: 315 Average Price Paid: $1,026.54 Cost: $323,360 Company: Mettler Toledo International Inc (MTD) Mettler Toledo International Inc. is a global leader in precision instrumentation and services. The company has strong leadership positions in most businesses and worldwide market leadership. The company is known as an innovator, and solutions are vital in key R&D, quality control, and manufacturing processes for customers in various industries, including life sciences, food, and chemicals. The sales … 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

One way this is not like 2008, Insiders are NOT Buying -Insider Buying Week 3-10-23

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This is LIKE 2008, contrary to what you may have heard about the recent Silicon Valley Bank failure.   Banks either don’t want to pay competitive deposit rates or can’t.  Competing with Fed Chairman Powel’s ~5%  treasuries is hard. Actually no banks can compete with it. Vast sums are being withdrawn from the banking system. Ironically the stock market is on the only place you will be able to compete with the yield crisis that the Fed is precipitating.  Many solid companies are paying good dividends with the likely prospect of raising them.  So tell me, how is this not like … Read more

‘t want to go down.

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Despite the best efforts of banking emperors like Jamie Dimon of JP Morgan or all-knowing market strategists like Mike Wilson of Morgan Stanley, this stock market refuses to go down.  Last week’s market rally has already numbed the pain from February’s losses. The bulls are stomping their hoofed feet at the fences, dying to bust out. An insomniac lies awake at night, Puzzling over a conundrum so tight; the answer eludes them, it’s out of sight, And the puzzle keeps them up till daylight. They toss and turn, and they try to sleep, But the puzzle is just too deep; … Read more

Insider Buying Week 11-11-22 Inflation is Dead- The War is Over- The Dems hold the Line

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This week’s Insider Report marks the end of an experiment with a paid subscription service. From here on out the Insiders Report is free and I am relieved of my weekend chores. I’ll still continue to blog on insider buying and selling as my time permits. I’ve written numerous times that all bear markets in the last 20 years have ended with a crescendo of insider buying.  The number of insiders buying picked up dramatically last week some with household names like Boeing and CME Group.  There are finally some reasons to be hopeful that this miserable year of investing … Read more

Miserable Week for the Bulls 9-16-22

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Curious how well insiders are doing with their buys? Scroll through the blog posts and see for yourself The market declined 5% last week, capping off a victory for the bears. The vaunted 3900 resistance line on the S&P 500 was penetrated adding to the conviction of the chartists that there is more room below. Insider buying was anemic as expected as the earnings blackout period for the 3rd quarter is well underway.  The few insiders buying fared relatively better only losing on average.07%. There are always a lot of things to worry about, but the chief culprit is the rising … Read more

Insider Buying Week 8-12-22 Full on Stampede to Buy Stocks

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The S&P 500  has been on a tear.  It tacked on another 3% on top of last week’s, 4% gain. There was almost nothing that went down. Last Friday it was hard to find something that was not green on your screen. Check out Finviz’s Map of the Market below. It was a full-on stampede to buy stocks. Apple is approaching its all-time high. The money on the sidelines is pouring in. Slightly better CPI prints were the trigger, but inflation is not so easily tamed. For starters, don’t expect much help from lower energy prices. I just attended Denver … Read more