InsiderEdge™ – Top Sales and Top Purchases – January 23, 2024
Top Purchases
The top purchases made by insiders yesterday. Remember, returns and win rates are calculated using the previous purchase trades by the insider.
10% Owner at INTERNATIONAL TOWER HILL MINES LTD ($THM)
The 10% Owner purchased 2,268,260 shares at $0.66/share ($1.51M total) which increased their holdings by 3.7%. The current price is $0.53 (-20.5%). (SEC Source)
Historical Returns
1m returns: 17% weighted | 17% median | 62% win rate (10/16)
3m returns: 17% weighted | 2% median | 50% win rate (8/16)
6m returns: 37% weighted | 14% median | 62% win rate (10/16)
1y returns: 44% weighted | 39% median | 62% win rate (10/16)
Note: This is below their average purchase size ($3.3M), but is their first purchase since 2020.
Top Sales
The top sales made by insiders yesterday. Remember, returns and win rates are calculated using the previous sell trades by the insider. For sell transactions, “win rate” is the percent of profitable trades. If the “win rate” is low, that means the stock typically falls after the insider sells.
EVP & Senior Managing Director at BRANDYWINE REALTY TRUST ($BDN)
The EVP & Senior Managing Director sold 25,233 shares at $14.81/share ($374K total) which decreased their holdings by 11.6%. The current price is $5.21 (-64.8%). (SEC Source)
Historical Returns
1m returns: -37% weighted | -36% median | 0% win rate (0/3)
3m returns: -35% weighted | -33% median | 0% win rate (0/3)
6m returns: -39% weighted | -39% median | 0% win rate (0/3)
1y returns: -38% weighted | -41% median | 0% win rate (0/3)
President and CEO at MSC INDUSTRIAL DIRECT CO INC ($MSM)
The President and CEO sold 60,939 shares at $96.57/share ($5.88M total) which decreased their holdings by 2.9%. The current price is $97.70 (+1.2%). (SEC Source)
Historic Returns
1m returns: -27% weighted | -33% median | 0% win rate (0/7)
3m returns: -28% weighted | -33% median | 0% win rate (0/6)
6m returns: -29% weighted | -36% median | 17% win rate (1/6)
1y returns: -29% weighted | -37% median | 17% win rate (1/6)
Chief Accounting Officer at Stitch Fix, Inc. ($SFIX)
The Chief Accounting Officer sold 17,651 shares at $4.15/share ($73,165.16 total) which decreased their holdings by 11.6%. The current price is $3.42 (-17.5%). (SEC Source)
Historical Returns
1m returns: -14% weighted | -21% median | 0% win rate (0/2)
3m returns: 2% weighted | -3% median | 50% win rate (1/2)
6m returns: -32% weighted | -32% median | 0% win rate (0/1)
1y returns: N/A% weighted | N/A% median | N/A% win rate (0/0)
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