HAS

Notable Insider Buys and Sells Week Ending May 3, 2019 or Sell in May, Go Away

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  Several new buys this week signaled a return to animal spirits for a small group.  The majority of corporate America beat the drum beat, sell in May, Go Away. The market marched to a new high but not every stock participated. These buys represent value in an overvalued market, perhaps one long in the tooth.  We don’t aim to predict tops or bottoms but when insiders buy large amounts of their own company’s stock, they do it for one reason; to make money. We are highlighting notable buys over $200,000 as this represents something more than window dressing. Buys … Read more

Notable Insider Buys and Sales Week Ending 11-2-18

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Buys MHK Mohawk Industries  Billionaire Director Balcean continues to buy this beaten down carpet manufacturer with a purchase of $29.6 million at an average price of $118.42 SNX Synex Corp  The Washington Service wrote On Oct. 12, SYNNEX Corp. (SNX) shares fell to a three-year low of $72.83. As shown on the graph below, Director Matthew Miau purchased 122,202 shares of the IT supply chain services provider on weakness on Oct. 19, indirectly through Silver Star Developments Ltd. The $9.6 million buy is Miau’s first at the company and marginally increased his holdings, and represents the largest purchase in SNX’s … Read more

Top stocks insiders are unloading week ending Aug 4th

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Vertex Pharmaceuticals [VRTX] insiders unload stock at a record clip, printing new shares and exercising them on average 7 years before they expire. That’s $96.8 million last week alone. Hasbro [HAS] insiders unload $88.5 million of shares last week.  Unlikely there are any Transforming toys or movies on the horizon. Intrawest Resorts Holdings [SNOW] C- Level officers take advantage of recent lofty stock price to unthaw some of their holdings.  $3.1 million. Wayfair [W] management can’t sell fast enough, 9 different insiders unload $42 million worth of stock. Earnings are Monday. We’re short a small amount of this high flying … Read more