InsiderEdge™ – Top Sales and Top Purchases – July 29, 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 Pono Capital Two, Inc. ($PTWO) 

The 10% Owner purchased 15,509 shares at $13.00/share ($202K total) which increased their vested holdings by 1.0%. The current price is $12.90 (-0.8%). Their median purchase size is $11,166.00 and this is their 4th largest purchase out of 26 all time. (SEC Source

Historic Returns
1m returns: 5% weighted | 5% median | 79% win rate (15/19)
3m returns: 10% weighted | 5% median | 92% win rate (11/12)
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.

VP of Manufacturing at DAKTRONICS INC /SD/ ($DAKT) 

The VP of Manufacturing sold 6,250 shares at $14.93/share ($93,307.50 total) which decreased their vested holdings by 2.8%. The current price is $15.26 (+2.2%). Their median sale size is $66,884.80 and this is their 7th largest sale out of 22 all time. (SEC Source

Historic Returns
1m returns: -4% weighted | -3% median | 24% win rate (4/17)
3m returns: -14% weighted | -12% median | 0% win rate (0/17)
6m returns: -13% weighted | -8% median | 6% win rate (1/17)
1y returns: -29% weighted | -29% median | 0% win rate (0/16)   

PRESIDENT AND CEO at ARGAN INC ($AGX) 

The PRESIDENT AND CEO sold 15,134 shares at $77.79/share ($1.18M total) which decreased their vested holdings by 25.4%. The current price is $77.59 (-0.3%). Their median sale size is $696K and this is their 1st largest sale out of 3 all time. (SEC Source

Historic Returns
1m returns: -4% weighted | -3% median | 50% win rate (1/2)
3m returns: -11% weighted | -10% median | 0% win rate (0/2)
6m returns: -8% weighted | -7% median | 50% win rate (1/2)
1y returns: -35% weighted | -35% median | 0% win rate (0/2)

Note: 1 other insiders also sold the stock  

EVP, Corp. & Inv. Banking at SYNOVUS FINANCIAL CORP ($SNV) 

The EVP, Corp. & Inv. Banking sold 614 shares at $46.20/share ($28,366.80 total) which decreased their vested holdings by 4.0%. The current price is $47.62 (+3.1%). Their median sale size is $78,180.40 and this is their 3rd largest sale out of 3 all time. (SEC Source

Historic Returns
1m returns: -12% weighted | -12% median | 0% win rate (0/2)
3m returns: -24% weighted | -23% median | 0% win rate (0/2)
6m returns: -3% weighted | -3% median | 50% win rate (1/2)
1y returns: -17% weighted | -17% median | 0% win rate (0/1)


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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