FTK

Insider Buying Week 6-09-23 Investors are Clipping Coupons while the S&P 500 storms higher 12% YTD

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It was a quiet week when it came to insider buying.  Dish Networks had a big percentage move off the bottom as rumors floated that Amazon might be finally making a move with the cellular bandwidth that Dish has spent so many billions of dollars accumulating.  On Friday, it gave back 12.5%.  Nothing deters  Director DeFranco as he bought $ 1.8 million more of Dish. There might actually be a plan for their madness, and it may have nothing at all to do with Amazon.  Perhaps there is a SpaceX rescue coming?  At this point, Dish stock is like an … Read more

The Home is Hot, but Not Much Else- Insider Buying Tapers off with 3rd Quarter Earnings Blackout

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The market has been trending lower, all major averages are testing the 50 day moving average.  In this kind of juiced up market, technical traders have an unwarranted influence. My guess is that we will undercut the moving average in a test of investor faith but this could go on for weeks if not months. Investors that lack confidence bail easily.  Short sellers know that- and they also know that corporate insiders are blacked out. Most companies have self-imposed restrictions on buying or selling their companies’ stock insider thirty days from quarter end. The following companies had large insider buying last week.  We are digging … Read more

Tech Stocks Long Overdue Comeuppance – Insiders are the Ultimate Value Buyer

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Nothing like a thousand point drop in the Dow to remind you that stocks don’t go up forever.  Neither do insiders blindly chase their stock price higher.  Just the opposite. They are the ultimate “value” buyer. Tech crashed and burned last week all because an impulsive Japanese billionaire, Masayoshi Son, gambled $45 billion in call options on big tech names. At least that’s what they’d like you to believe.  According to traders, there have been mammoth options trades that include buying call options on stocks like Amazon.com Inc., Adobe Inc., Netflix Inc., Facebook Inc. Microsoft Corp, generating chatter across Wall Street.The following companies … Read more

The Best August since 1984 but Insider Buying Slows Down Some

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The following companies had large insider buying last week.  We are digging in to see what they see. For timely updates, follow us on Twitter. Pacific Ethanol Inc  PEIX Director Gilbert bought 72,800 shares at $3.55.  Ethanol has been a perennial bad investment but that seems to be changing.  Two things are shaking up the dynamics; the coronavirus has created unprecedented demand for alcohol based sanitizer and the prospects of a Democratic environmentally focused administration will increase the use of bio-fuels.  Even Archer Daniels ADM Director bought 11,100 shares at $44.75. PIEX is the leading producer and marketer of low-carbon renewable fuels in … Read more

As Buffett Laments Kraft Heinz purchase, his Partner ,Jorge Buys $100 million -Notable Insider Buys Week Ending Sept 20,2019

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Kraft Heinz insider buying dwarfs all others.  While everyone is lamenting the purchase, including Warren Buffett who in a rare error stated publicly that he overpaid for Kraft Heinz, his partner in the deal, Jorge Lemann, buys a $100 million worth of the depressed stock.  Jorge didn’t get to be the 36th richest person in the world according to Forbes, by being stupid. Of course, that is pocket change for Mr. Lemann but the $7 million by van Damme is not. One of the things you have to analyze in insider buying is the significance and meaningfulness of the buy. … Read more

Occidental Petroleum Insiders Say Enough is Enough- Our Stock is too Cheap to Ignore

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Insider Buying Week Ending June 14, 2019 Occidental Petroleum insiders say enough is enough, quit trashing our stock by collectively buying over $4 million worth in the open market. Oil stocks are big underperformers but ever since Oxy announced the purchase of Anadarko, the stock has been in free fall. American Asset Trust insiders buying at new highs and continue to get rewarded at this diversified REIT. REMAX founder and once barred insider Linder returns with a vengeance scooping up another $2.9 million adding to his buys from last week. Guess CEO increases his holdings by over 230% buying nearly … Read more

Insiders See Opportunity in All Kinds of Markets, Especially Bad Ones

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Insider Buying Week Ending June 7, 2019 American Airline insiders buy stock in beaten down airline lifting price action. Waiting on large payback from Boeing 737 Max grounding.  American is incredibly cheap will have significant free cash flow.and will be a direct beneficiary of increased trade with Mexico as it flies more routes than any other airline. John Idol, Chairman of the Board and CEO of Capri Holdings goes all in fashion conglomerate holding company with luxury iconic brands, Versace, Jimmy Choo, and Michael Koors. RE/MAX Holdings disclosed that its co-founder and chairman David Liniger bought a total of 122.9K … Read more