InsiderEdge™ – Top Sales and Top Purchases – March 06, 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.

See CEO at BEXIL INVESTMENT TRUST ($BXSY)

The See “Explanation of Responses” purchased 7,150 shares at $12.55/share ($89,753.95 total) which increased their vested holdings by 18.2%. The current price is $12.49 (-0.5%). Their median purchase size is $33,853.00 and this is their 1st largest purchase out of 9 all time. (SEC Source)

Historic Returns
1m returns: 4% weighted | 5% median | 67% win rate (4/6)
3m returns: 17% weighted | 14% median | 100% win rate (5/5)
6m returns: 38% weighted | 27% median | 100% win rate (2/2)
1y returns: 51% weighted | 21% median | 50% win rate (1/2) 

CEO and President at Electromed, Inc. ($ELMD)

The CEO and President purchased 9,000 shares at $15.25/share ($137K total) which increased their vested holdings by 900.0%. The current price is $15.00 (-1.6%). Their median purchase size is $73,905.00 and this is their 1st largest purchase out of 2 all time. (SEC Source)

Historic Returns
1m returns: 1% weighted | 1% median | 100% win rate (1/1)
3m returns: 42% weighted | 42% median | 100% win rate (1/1)
6m returns: N/A
1y returns: N/A


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.

Chief Accounting Officer at STEM, INC. ($STEM)

The Chief Accounting Officer sold 20,204 shares at $2.47/share ($49,903.88 total) which decreased their vested holdings by 32.9%. The current price is $2.22 (-10.1%). Their median sale size is $28,177.50 and this is their 1st largest sale out of 4 all time. (SEC Source)

Historic Returns
1m returns: -23% weighted | -9% median | 50% win rate (1/2)
3m returns: -40% weighted | -40% median | 0% win rate (0/1)
6m returns: -39% weighted | -39% median | 0% win rate (0/1)
1y returns: -67% weighted | -67% median | 0% win rate (0/1)  

Note: 8 other insiders also sold the stock

Director at MAXLINEAR, INC ($MXL)

The Director sold 12,000 shares at $19.57/share ($235K total) which decreased their vested holdings by 16.3%. The current price is $20.03 (+2.4%). Their median sale size is $125K and this is their 2nd largest sale out of 5 all time. (SEC Source)

Historic Returns
1m returns: -14% weighted | 19% median | 67% win rate (2/3)
3m returns: -18% weighted | -19% median | 33% win rate (1/3)
6m returns: -48% weighted | -48% median | 0% win rate (0/1)
1y returns: -52% weighted | -52% median | 0% win rate (0/1)

President and CEO at Avidity Biosciences, Inc. ($RNA)

The President and CEO sold 84,000 shares at $20.13/share ($1.69M total) which decreased their vested holdings by 6.9%. The current price is $19.14 (-4.9%). Their median sale size is $88,332.80 and this is their 1st largest sale out of 10 all time. (SEC Source)

Historic Returns
1m returns: -10% weighted | -7% median | 33% win rate (3/9)
3m returns: -44% weighted | -23% median | 12% win rate (1/8)
6m returns: -30% weighted | -19% median | 38% win rate (3/8)
1y returns: -60% weighted | -49% median | 38% win rate (3/8)

President at indie Semiconductor, Inc. ($INDI)

The President sold 50,000 shares at $6.77/share ($338K total) which decreased their vested holdings by 0.9%. The current price is $6.30 (-6.9%). Their median sale size is $900K and this is their 5th largest sale out of 5 all time. (SEC Source)

Historic Returns
1m returns: -14% weighted | -4% median | 50% win rate (2/4)
3m returns: -38% weighted | -29% median | 0% win rate (0/4)
6m returns: -18% weighted | -18% median | 0% win rate (0/3)
1y returns: -41% weighted | -41% median | 0% win rate (0/2)

Director at BankUnited, Inc. ($BKU)

The Director sold 2,285 shares at $27.18/share ($62,106.30 total) which decreased their vested holdings by 16.3%. The current price is $27.27 (+0.3%). Their median sale size is $49,505.30 and this is their 1st largest sale out of 3 all time. (SEC Source)

Historic Returns
1m returns: -22% weighted | -16% median | 50% win rate (1/2)
3m returns: -28% weighted | -23% median | 0% win rate (0/2)
6m returns: -18% weighted | -17% median | 0% win rate (0/2)
1y returns: -30% weighted | -33% median | 0% win rate (0/2)  


Disclaimer: The content provided by InsiderEdge™ is for informational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any securities. The historical performance noted in this post is not is not indicative of future results. Investing involves risk, including the potential loss of principal. Use the platform at your own risk and consult a financial advisor before making any investment decisions. In partnership with Yellowbrick Investing Inc.

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