Home Blog Page 16
Last week, three insiders from Maiden Holdings, Ltd. (MHLD) filed Form 4s disclosing the purchase of 380,000 shares at an average price of $0.78 per share. An interesting cluster of buying. But here's what's astonishing -- just seven months earlier the stock traded at $8.75. In a remarkable case of market cap evaporation, reinsurer...
In a March 28 Form 4 filing, two Winnebago Industries Inc. insiders disclosed buying a total of 6,000 shares of the Recreational Vehicle maker at $29.35. Michael Happe, President and CEO of Winnebago (WGO) since January of 2016, bought 3500 shares, increasing his holdings by 7%. Bryan Hughes, CFO since May of 2017...
After regular market hours on Wednesday, the Head of Alternative Investments for B. Riley Capital filed Form 4s disclosing personal purchases of Health Insurance Innovations (HIIQ) shares in addition to purchases for the fund he manages. Also after market hours, Paul Gabos, a HIIQ director since 2014, disclosed buying 8,000 shares at $29.91, increasing...
Select Medical Insider buying has been historically rare. And It's been nearly a decade since Rocco Ortenzio purchased stock of Select Medical Holdings (SEM). But in a Form 4 filed on March 18, the Vice-Chairman and Co-Founder of the hospital operator disclosed a buy of 306,000 shares at an average price of $14.18....
Form 4 filings are reports submitted to the SEC by investors who buy or sell shares in companies where they are deemed insiders. The SEC defines an insider as any officer, director or more than 10% shareholder of a publicly traded company. Insiders know undisclosed things about their companies -- like upcoming...
A March 7 Barron’s article read: "Resideo Stock Tanks Because the Stock Market Hates Confusion.” Thursday, Resideo Technologies Inc. (REZI) disclosed that insider Roger Fradin took advantage of the confusion to buy 25,000 shares of REZI at $20.41. It was the most significant insider buying of Chairman Fradin's long career.
In recent days, four Enstar Group Limited (ESGR) insiders -- the COO, CEO, CFO and President -- purchased a total of $7 million of their own stock on the open market. After the close on Wed. March 13, Dominic F. Silvester, the CEO and Founder of Enstar, reported a $4.7...
On February 28 , Martha Stewart's Sequential Brands (SQBG) announced that the lifestyle celebrity has teamed up with Canopy Brands (CGC) to develop and promote a line of hemp-based CBD products. SQBG stock spiked higher on the news, nearly doubling at one point before settling at $2.00 on March 1. Canopy Growth Corp (CGC) is...
On Friday, Engaged Capital LLC, a big holder of Hain Celestial Group, announced it bought $19 million more of HAIN, even though the stock had popped 10% over the previous couple days. Often, corporate insiders buy into share weakness caused by analyst downgrades. But Engaged bought HAIN after analyst...
The stock market is being hit with record insider selling. WhaleWisdom's Weekly Sell/Buy ratio for the week ending Feb. 15 showed the highest ratio of selling by C-level officers compared to buying since early January 2014. It was also the 3rd highest reading/most selling since 2008. Last week's insider selling ratio was only slightly lower.