Insider Buying Week 08-16-24 Party On!

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 5-26-23

It’s all AI, Chat GPT, large langauge models, and generative image models. Nvidia’s blowout quarter and guidance sent the market into a bull run seizure moment.  Meanwhile, you hear more and more stories about fake information generated by this “breakthrough AI,” including the latest example on Twitter where an attorney was reprimanded by a judge for his brief, which included fake prior cases entirely fabricated by AI. We can’t ignore the promise, but we certainly shouldn’t be blindsided by the hype. Tread carefully here. At the Insiders Fund, we try to filter out the noise. Here’s what real insiders are … Read more

Insider Buying Week 5-19-23 If you want to play a game of chicken- Tyson Insiders are Buying

No one really believes the U.S. will default on the debt.  The least of which are these insiders stepping up to buy their company’s stock last week.  If we’re talking a game of chicken, I say look at what Tyson Foods insiders are doing.  Five insiders took advantage of the steep share price drop on Q1 earnings disappointment.  Albemarle insiders continue to bet on the lithium economy. If you’re inclined to bet on default, take a look at the PRA Group’s earnings disaster and the new CEO purchase.  Debt collection could be a hot new growth market. You can be … Read more