Otto von Bismarck, the "Iron Chancellor," engineered the unification of Germany in the 1870s. Bismark's close adviser and confident was a German-Jewish banker, Gerson von Bleichroeder. Bleichroeder's bank played a key role in Bismarck's ascension to power, helping to bankroll the German Empire. Now, a century-and-a-half...
Six Simply Good Foods insiders bought $1.1M of SMPL stock on April 9-13 at prices ranging from $16.32 to $16.86. The directors' buying comes after the consumer goods company has fallen 42% YTD. Simply Good Foods makes branded nutrition bars and ready-to-drink shakes for people following...
The January Effect and insider trading anomaly can combine for unusually profitable opportunities. As year-end approaches, it's a great time to scan the universe of equities for oversold, cheap stocks being accumulated by insiders. The January Effect refers to the tendency for stock prices -- especially...
A three day (dead cat?) bounce propelled the S&P 500 over 13% higher last week, rescuing stocks, at least temporarily, from the worst stretch of performance since the dark days of 1929. During the Coronavirus crash over the last several weeks, stocks were liquidated indiscriminately, as investors...
Jab Holdings B.V. disclosed via Form 4 filings on August 28 buying over $32 million of Coty Inc. (NYSE:COTY) shares at prices ranging from $11.98 to $12.90 on August 24 through August 28.  Last December 31 JAB filed a 13G disclosing a 76% stake in the beauty company. Since filing the 13G at years end, JAB has acquired an additional 30 million shares of COTY spending nearly $83 million dollars.
When the stock market swoons, I like to watch insider buying to see where the smart money is finding value. Here are three stocks with interesting insider activity that also showed good relative strength in Monday’s weak market.
It's typically bullish when a corporate insider buys shares of his or her company. Insiders have knowledge about their companies that outsiders don't. But when multiple corporate insiders purchase their own stock at the same time, it's typically an even stronger buy signal. Such "cluster buying"...
Two Waitr Holdings (WTRH) insiders combined for a $1.07 million buy of the food delivery company's shares on Monday. The Waitr insiders' purchases came after a March 20, 2019 report by short research firm "The Friendly Bear" ravaged WTRH stock. The report was entitled:...
Newell Brands (NWL) stock tumbled 22% over three days, but a long-time lieutenant of activist investor Carl Icahn was buying, picking up $1 million worth on August 8 at $20.50. In total, 3 directors of NWL bought $1.7 million of stock into the downdraft. The purchases were disclosed in Form 4 filings submitted today.
Michael Kumin has been a director at Wayfair Inc (W) since June of 2011. The e-commerce furniture retailer went public in 2014, with Kumin's private equity firm Great Hill Partners a major investor. Since then, the Wayfair insider bought shares of W just once on the open...