Insider Buying Week 9-30-22

Curious how well insiders are doing with their buys? Scroll through the blog posts and see for yourself September secured its reputation as the cruelest month in the market with a bone-crushing loss S&P 500 loss of 9%. It also set a 52-week low to cap off its worst month since March 2020.  We are deep into the quarterly earnings blackout, and most insiders are restricted from buying their company’s stock for two more weeks, at least until the middle of October.  All bear markets in the last 20 years have ended with a crescendo of insider buying.  As you … Read more

Insiders Who Nailed Market Bottom Are Starting to Sell Stocks – Notable Insider Buys 7-24-20

According to Bloomberg, as U.S. stocks climb to their most expensive levels in two decades, the executives in charge of the companies benefiting from the rally are showing signs of anxiety.Corporate insiders, whose buying correctly signaled the bottom in March, are now mostly sellers. Almost 1,000 corporate executives and officers have unloaded shares of their own companies this month, outpacing insider buyers by a ratio of 5-to-1, data compiled by the Washington Service showed. Only twice in the past three decades has the sell-buy ratio been higher than now. Source: Insiders Who Nailed Market Bottom Are Starting to Sell Stocks … Read more

Notable Insider Buying Week Ending 12-20-19

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

Notable Insider Buying Week Ending November 1,2019

It’s really quiet on the Western Front when it comes to insider buying.  American Airlines insiders continue to buy. James Clemmer CEO of AngioDynamics bought a small amount on a poor earnings showing. This might be window dressing. Richard Kinder keeps on amassing KMI.  Why not? If you were the billionaire namesake, you would know the 5% dividend is money in the bank. I like the Lilly buy. If you can grab stock near that price you will probably do well. FedEx is bold; the biggest director buy and the first for  board member Edwardson since 2008. As a rule, … Read more

Earnings Blackout or Insiders Backing Off? Roller Coast Week of October 4, 2019

  The spike in insider buying that supported the brief rally in September has predictably collapsed in part because earnings blackout has begun, but equally important insiders buy their own company’s stock when they perceive it to be cheap.  There was a pickup in buying during the summer as the market stalled and pulled back. Note the yellow highlight on the red graph. Ulta Beauty’s major shareholder and Channel family advisor, Charles Heibroon bought $58.9 million of the beauty chain company, Ulta Beauty.  Ulta took a dump on August 30th, dropping $100 in price, losing almost a third of its … Read more