SMPL

Insider Buying Week 07-25-25-This Market makes me Nervous but at the same time Greedy

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Three weeks have passed with little notable insider buying. Insiders continue to cash out. Amazon founder Jeffrey Bezos sold $1 billion, which should help with his much-panned wedding. Larry Fink of BlackRock unloaded $30 million, the Etsy CEO sold ~$9 million, the Penumbra CEO took ~$3.7 million out, Carvana founder Ernest Garcia unloaded $80 million, and Goldman Sachs executives blew out close to $100 million, and I haven’t even finished the reporting week. I could spend the next few hours analyzing insider selling, but it’s not a productive task in an of itself. Perhaps run an AI prompt on unusual … Read more

Insider Buys Week Ending May 1, 2020

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Our pick of the week, EDI Stone Harbor Emerging Market VP bought 100,837 at $5.88 yielding over 15%. Combined with the discount to NAV, the distribution rate for EDI as of May 1 was 27%.  The Stone Harbor Emerging Markets Total Income Fund (EDI) is not for the faint of heart. It’s down 38%YTD and it’s five year return is -5.5%. It’s a managed portfolio of Emerging Markets Debt (sovereign and corporate debt in both hard and local currency) combined with an ability to invest in Emerging Markets Equity, structured to maximize total return. The largest purchase last week was … Read more

Fog of coronavirus war; where is the insider buying?

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They say we are in a war with Covid-19. Like most wars there is a lack of quality information. We look closely at insiders to gauge the health of corporate America. There is this narrative that insiders are buyer. That’s a false narrative. I don’t see it. Maybe it’s earnings blackout, maybe it’s the sharp off the bottom rally since March 25th, or maybe they are just deer frozen in the headlights like the rest of us.  You decide. PICK OF THE WEEK Carnival Cruise Lines Thursday April 9th 2020 SMPL Simply Good Foods Dir Ghez bought 30,000 at $16.32. This … Read more

Amyris- what the heck? $AMRS Notable Insider Buys Week 2-7-20

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  Simply Good Foods’s SMPL Director Brian Ratzan bought 10,000 shares at $22.98.  The newly capitalized Atkins brands has found what seems to be permanent shelf space in grocery stores and drug store chains.  Insiders have had a steady diet of SMPL shares, the largest being the Chairman of the Board’s purchase of $1.7 million at back in November 2019 at $24.62 .  Atkins bars might be causing me indigestion, I had a followed his lead. The stock is down 17% on concerns over missing consensus growth expectations According to Fly on the Wall –“Goldman Sachs analyst Jason English added … Read more