Insider Buying Week 08-09-24

Someone wrote last week that the situation in the market was ripe for a crash, reminiscent of the Crash of 1987. I lived through that, so I have some personal observations. Name: Thomas Arthur Bell Position: CEO Transaction Date: 2024-08-01 Shares Bought: 1,712 Average Price Paid: $145.04 Cost: $248,305 Company: Leidos Holdings Inc. (LDOS) Leidos Holdings, Inc. was founded in 1969 and has its headquarters in Reston, Virginia. Leidos Holdings, Inc. and its subsidiaries offer services and solutions in the defense, intelligence, civil, and health markets in the United States and abroad. The company’s segments include Defense Solutions, Civil, and … Read more

Insider Buying Week 6-02-23 Animal Spirits Return

Animal spirits returned in force last week. The average insider returned 7.96% and a median return of 6.61%. The S&P 500 scorched 3.97%. The safe money crowd collecting their guaranteed 4%-5% is near the half-year point. They’ve earned a little less than their guaranteed 2%. That’s 2% for the year to date when the market just turned in twice that for a week. Fear of missing out, FOMO, is a dangerous thing.  One way to avoid that investment mistake is to pay attention to what insiders are doing. Normally they don’t chase their stocks in a FOMO moment. They are … 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 3-18-22 NASDAQ Makes the Biggest Weekly Gain in History

  Curious how well insiders are doing with their buys? Scroll the significant buys of the last year. I wrote last week that “For many people, the obvious response is to buy nothing, do nothing until the bear market is over. We wish it was that easy as when some stocks have corrected as sharply as they have, down 50-70% in many cases. When they turn, the upswing will be so quick and significant, violent even that there is no way of getting back in anywhere near the bottom. Last week the S&P 500 stormed 5.8% higher and the average … Read more