OPK

‘s Insider Buys

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Odonate ODT’s Chairman and CEO Kevin Tang has made open market purchases of more than $36 million in so far this June, including $10 million on the spot secondary at the highest price his paid all year.   This is a bet the farm investment but seems to be validated by the market as ODT stock has more than tripled this year. Three insiders buy AbbVie after Wall Street choked on their purchase of Allergan.  Do two out of favor big pharma companies add up to 4? Wall Street certainly doesn’t think so. Carnival Cruise CEO Donald Arnold bought just under … 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

Stock Market gets Clobbered- Insiders are Nibbling

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Insider Buying Week Ending May 31, 2019
Jay Hoag of Zillow Goes All In

Trump rocks market with trade wars on multiple fronts.  Impromptu tweet on Friday about tariffs on Mexico linked to immigration enforcement cap off a month that most investors would like to forget.  Monday’s action is likely not to be any better for FANGS with the news that the Justice Department is opening up an anti-trust investigation on Google aka Alphabet.   S&P 500 Wipes Out $4 Trillion in Its Second-Worst May Since the ‘60s.  Insiders are nibbling at a few names but in the short term are losing money like everyone else.

Notable Insider Buys Week Ending May 10, 2019

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The market suffered its worse loss of the year, but that didn’t stop some insiders buying their own stock. We highlight those over $200,000 in this report. In this report, we highlight open market purchases from employees and directors of more than $200,000.  Insiders sell stock for many reasons, but they generally buy for just one – to make money.  As a standard, we only look at material amounts of money, $200 thousand or more, as anything less could just be window dressing. The bar is different from selling because the natural state of management is to be sellers. This … Read more

Top stocks insiders are buying week ending Aug 4th

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Disgraced former Berkshire Hathaway executive Sokol buys $6,000,000 worth of Seaspan [SSW] as part of a planned purchase and management succession plan.  This is the first insider purchase in over 5 years at the shipping company Martin Landis Chairman of cellular  tower REIT Crown Castle Holdings [CCI] bought 30,000 shares at $110.64 for $3 million. Crown Castle (CCI) only began paying dividends in 2014, but the company currently offers income investors a high dividend yield near 4% with 6-7% annual dividend growth potential. Crown Castle also has an attractive business model with substantial recurring revenue, excellent free cash flow generation, and extremely … Read more