JPM

A Few Insider Buys and they Pay off Big -Week Ending April 24th

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Director Stephen Luczo continues to buy when others retreat. This time he bought $1.1m of AT&T at $29.38.  When rates are near zero AT&T is paying out 7% dividend yield. He added to his Morgan Stanley bet $734.9K at $38.68. Geoffrey Yang bought 6,754 at $29.39 on 4/24/20. Several insiders participated in a secondary for Darden at $58.5.  DRI closed today at $78.50 Director Gerber bought $3 million of Haliburton at $8.68. HAL closed today at $8.91.  This one takes balls and Gerber has them as he bought $1 million on March 13th at $6.78 Director Plants bought 95,238 Cutera … Read more

Insider Buying has all but Disappeared -for now, Week Ending April 17th

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The tale of the tape is disappointing.  After an initial rash of buying, the insiders have disappeared. The most notable buy of the week was Director Stephen Burke’s massive $6.59 million dollar buy of JP Morgan, increasing his holdings by 50%. JPM responded, soaring almost 10% the following day, dragging the beleaguered sector with it. After the close, Key Corp President reported buying 100,000 shares at $10.36.  I expect KEY to pop Monday morning absent a market sell-off. Williams Sonoma Chairman Bellamy stepped up and bought this home cooking retailer, laying out $485,250 to purchase 9600 shares at $50.55. WSM … Read more

Lovesac might be Love Shack -Insider Buying Week Ending 1-17-20

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We are hard pressed to find much opportunistic in this week’s insider buying reports unless you think 20,000 newly acquired shares of Lovesac by the Chairman might do anything to arrest this falling knife.   Then again it wouldn’t take much to enact a counter trend rally.  LOVE is exactly that kind of small-cap neglected name is making giant one day moves in this current state of the broader rally.  Their sectional sofa line, affectionally named Sactionals might just be the product that moves the stock higher.  The company reported 40% revenue growth on Jan 13th,  although yet unprofitable. One of … Read more

Warning Insider Earnings Plays Can Be Hazardous to your Health Week 10-18-19

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WARNING- BUYING STOCKS BEFORE EARNINGS ANNOUNCEMENTS CAN BE ESPECIALLY RISKY. Stocks have outsized moves on earnings. We analyze these companies carefully where large insider buys might provide some insight. Insiders sell stock for many reasons, but they generally buy for just one – to make money. THE INSIDERS FUND invests in companies at or near prices that management has been willing to invest significant amounts of their own money in.  After all, who knows a business better than the people running it?  You’ve always heard the best information is inside information.  This is as close to “insider information” that an … Read more

‘s Getting Interesting- Insider Buying Picks Up Week Ending 8-9-19

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After weeks of dull action, insider buying has finally picked up. Part of it is the end of 2nd Quarter earnings blackout and part of it is the market sell-off.  The highlights: Charlie Egren, the founder of Dish, is making a massive bet on 5G, buying assets in the pending TMobile Sprint network and committing billions to buy more bandwidth.  Its a bet the farm expensive gamble on a player late to the game.  But if the competing networks are slow in getting 5G rolled out, Dish might be able to lumber in and get a piece of the future … Read more